META Likely bottomed

Discussion in 'Stocks' started by Master Pu, Jul 8, 2022.

  1. I’m just a value buyer, no stop.
     
    #11     Jul 26, 2022
  2. SunTrader

    SunTrader

    So you value the stock you purchased more than the money you used to buy it (which I assume you worked hard to obtain) plus the time value of it?

    IMO not wise but what do I know, I just day trade.
     
    #12     Jul 26, 2022
  3. Drawdowns are part of investment. Whenever a solid stock becomes undervalued you’d accumulate dollar averaging on the way down.
     
    #13     Jul 26, 2022
  4. SunTrader

    SunTrader

    Solid investment? META at one point, less than a year ago, was twice the current price.

    Go into a supermarket and pull out a bottle of milk with date from last Sept marked 50% off would you buy that?

    Generalizing broadly, in a bull market just about everything goes up, in a bear market only the strongest go up.

    GL
     
    #14     Jul 26, 2022
  5. Go on then, pick a winner with hardly any heat in a bear market. I’m telling you again, investors accumulate during downtrends.
     
    #15     Jul 26, 2022
  6. META Q2 earnings tomorrow after market closes.
     
    #16     Jul 26, 2022
  7. Sure, I'm always up for Shitterberg's shitlord stonks. Anything that censors free-speech has got to be wondrous for society (as has historically been proven by everyone from Nazi's to religious fundamentalists). What is there to dislike?
     
    #17     Jul 26, 2022
  8. lol
     
    #18     Jul 26, 2022
  9. SunTrader

    SunTrader

    Some investors.

    $11 or thereabouts would be the best investment, other than buying BRK back in the 60's, an investor could make:-

     
    #19     Jul 26, 2022
  10. deaddog

    deaddog

    So no risk control. How is that working for you in this market?
    What causes you to change your mind?
     
    #20     Jul 26, 2022