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Re:Facebook Parent Meta’s Stock Plunges 26%, Loses More Than... by flowtheorist on Thursday February 03, 2022 @10:35PM (#30202537)
It'll soon be worthless. VR is not a moat and it's unlikely Zuckerberg will manage to convince people that putting on a VR headset and hanging out in a virtual space is going to be preferable to hanging out in real life. I'm surprised there wasn't a bigger selloff. At some point the US government will also start tightening data sharing requirements and at that point their ad targeting will be essentially be non-functional.
Re:Facebook Parent Meta’s Stock Plunges 26%, Loses More Than... by neximo64 on Saturday February 05, 2022 @12:10AM (#30217771)
If they have a bigger selloff count me in as a buyer since if they pay a dividend i'll be very quickly getting my money back.
Re:Facebook Parent Meta’s Stock Plunges 26%, Loses More Than... by flowtheorist on Saturday February 05, 2022 @01:13AM (#30218266)
Their next earnings report is going to be even worse and the one after that even worse than that and so on. They're in a death spiral.