Boiler Room: The Official Stock Market Discussion

[JetFueledThoughts]

Apple, Meta and Amazon all with earnings beats

 

[ahomeplateslugger]

Meta good lord. of course it's hindsight but that drop to $90 a couple of years ago was big money to be made. wish i had the funds to buy more at that time. it's been a rocket straight up since then.

 

[mson]

Rumors of Zuck's death were greatly exaggerated.

He got read the riot act on the Hill, but his pockets got swole.

 

[winb83]

Meta good lord. of course it's hindsight but that drop to $90 a couple of years ago was big money to be made. wish i had the funds to buy more at that time. it's been a rocket straight up since then.

I was thinking of selling then. Decided to hold but not buy more. I feel stupid.

 

[choc_cardigan]

I was thinking of selling then. Decided to hold but not buy more. I feel stupid.

I'm willing to use it as a lesson like @chineebai tells us all the time, ignore the news

 

[chineebai]

I'm willing to use it as a lesson like @chineebai tells us all the time, ignore the news

The only news that matter is the price of the stock. In the case of meta it was stuck between no man’s land at the 400 And 393 level. It moved down this morning from the 400 level but it bounced at the 393 level, perfectly placed for earnings. This is why I don’t play earnings 90% of the time as it is always a gamble. For anyone feel like they missed out, there’s always opportunities another day, for everyday of your life so there’s always time.

 

[chineebai]

Also the fact that meta has dividends now mean that GARP funds can buy them now.

 

[chineebai]

meta rejected at 400 so far, needs to hold 393 or 388 is next. Today is earnings so that;s always a gamble 50/50

This is exactly how it played out today during trading hours. Had it not been earnings I would have gotten calls because it held 393 strongly. But I stick to my own rules.

 

[Rickdogg44]

Docu buyout rumor seems undervalued maybe they pull an $X

 

[mson]

Might sell my FB very soon. Part of me is saying wait until the dividends. Another part is saying hold until elections.

 

[winb83]

Meta is like $200 away from being my largest holding in my taxable accounts. Considering Apple is my largest holding and I have less than half the Meta shares I do Apple that's pretty funny.

 

[mson]

Does Meta go up from here?

 

[winb83]

Does Meta go up from here?

Companies that have boatload of money and at least semi-competent management tend to do so. AI is changing the dynamics of everything and it's going to create new winners and losers.

 

[JetFueledThoughts]

Powell tried to calm everyone down for 1 day then earnings hit and everyone said fukk that we are not calming down

 

[chineebai]

getting some march 15th 470 spy puts. Just my opnion. Mainly a hedge, I think markets are very overbrought with a few names bringing it up.