Sanrith Descartes
Von Clippowicz
- 41,582
- 107,688
Investing General Discussion
- Thread starter Furious
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Sanrith Descartes
Von Clippowicz
- 41,582
- 107,688
Sanrith Descartes
Von Clippowicz
- 41,582
- 107,688
Falstaff
Ahn'Qiraj Raider
- 8,313
- 3,169
My man
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Mist
Eeyore Enthusiast
- 30,504
- 22,416
MSFT tanking afterhours.
Specifically, cloud growth missed for MSFT, but beat for GOOGL.
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Debating buying back in on GOOG and MSFT, GOOG PE down under 20 now.
I do think today is a green day, USD falling pretty hard and usually mornings that start like that seem to end up green.
I do think today is a green day, USD falling pretty hard and usually mornings that start like that seem to end up green.
Big Phoenix
Pronouns: zie/zhem/zer
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Vepil
Gamja
- 5,793
- 24,248
my uh.. favorite new stock channel
i sold my webr a few weeks ago at a small loss trying to trim too much red
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Sanrith Descartes
Von Clippowicz
- 41,582
- 107,688
Sanrith Descartes
Von Clippowicz
- 41,582
- 107,688
Mist
Eeyore Enthusiast
- 30,504
- 22,416
Meta diving but the earnings call must have had some bad news since revenue growth + user beat doesn’t seem to equal a 20% drop even with eps missing.
Sanrith Descartes
Von Clippowicz
- 41,582
- 107,688
The thing I recommend everyone thinking of dip buying META to consider is the forward PE. Right now the ttm PE is 9.4 (this assumes you drop the Q3 2021 EPS and replace it with this new Q3 EPS. 9.4 PE is a buy in my opinion. BUT.... You need to look forward to next quarter. That Q4 EPS of 3.67 is gonna drop off and be replaced by the Q4 2022 earnings. Then you need to do the math and figure out they will be in 3 months. Unless they do some crazy earnings next quarter, the PE will most likely jump.
I have nearly a full position in META so for me to consider filling it down here around $100 is less a gamble than someone opening a position. I already have the sunk cost. The aftermarket price is now in the Dec 2015 range. Five years from now this is likely to be a good pickup here. It also could be a shitty pickup for the next year or two while it gets to that 5-year mark.
Good Luck
Forgot to add, I dropped an order after hours at $103.25 looking at that 2016 support line just above $100. If it doesnt hold here then $80 is probably the next stop on the fire sale.
I have nearly a full position in META so for me to consider filling it down here around $100 is less a gamble than someone opening a position. I already have the sunk cost. The aftermarket price is now in the Dec 2015 range. Five years from now this is likely to be a good pickup here. It also could be a shitty pickup for the next year or two while it gets to that 5-year mark.
Good Luck
Forgot to add, I dropped an order after hours at $103.25 looking at that 2016 support line just above $100. If it doesnt hold here then $80 is probably the next stop on the fire sale.
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Blazin
Creative Title
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Declining Rev overrides valuation imo. You can't just buy META because of valuation, it's a classic value trap right now. To invest here you have to believe that they are going halt the declining revenues and start growing again. Price is telling us "something wicked this way comes" markets can be wrong but I have no inside edge to determine their future. I don't even use their services.
It "seems" over done but that makes me think more about what I might not know about it's future than wanting to dive in.
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Kiroy
Marine Biologist
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anecdotal but in the small business community in my neck of the woods much less effort (let alone money) is being put into facebook and instagram because customers of all ages say they are quiting/cutting way back on social media
This metaverse stuff is a joke - I'd bet my daughter's generation is going to shame/shun social media and tech obsession (as it correctly stands) for a sort of new technological 'back to the land' movement
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