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Hi Team

Meta just got hit hard in after hours.  Yes, earnings missed 2 qtrs in a row but the value now is compelling.  Even though I do not like the company there comes a time when every stock has a price both to buy and to sell at. If I see it at $105 in the morning I will nibble. Current Price 


Stock has not been this low in nearly 7 YEARS!

Some numbers from earnings just now:

  • REV. $27.71B, EST. $27.41B - this is a beat! 
  • EPS $1.64, EST. $1.89 - this is a miss
  • AD REV. $27.24B, EST. $26.86B
  • FACEBOOK DAILY ACTIVE USERS 1.98B, EST. 1.86B
  • SEES 4Q REV. $30B TO $32.5B, EST. $32.2B

 They will spin off $10 a share next year at least - so once we go risk on I see this stick going back to 160-180. PEG Ratio is 1.11 which is awesome. 

Adv industry has ground to a halt and META are beating. Pretty darn impressive.



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Anonymous

What’s everyone’s price to get out at?

Anonymous

James did you ever nibble at Meta?