So this sub is shitting itself as usual after a company they love drops after a slightly sub-par earnings report and everyone claims they were some genius who predicted this.
First, I would like to say that I was one of the only people who actually called out how unsafe FAANG was by making a post about it where I got flamed to shit.
Now, I was looking at some articles from 2018 talking about Facebooks drop and it is genuinely IDENTICAL to what happened before, I deadass couldn't even tell the difference if it weren't for the date on the article.
https://money.cnn.com/2018/07/26/technology/business/facebook-stock-drop/index.html
As you can see, it is literally identical, bearish as fuck, large market cap wipeout, blah blah blah. Look at how Facebook has done since 2018, after a large short term drop they yielded phenomenal returns.
Look at this, once again nearly identical, talking about slowing growth and all that.
I'm not going to bother making an in-dept DD because that's already been done and everyone will just ignore it so I believe this is the best way to show how undervalued facebook is. The only reason that anyone is not buying this is because of short term emotional sentiment thinking that growth will slow or all this bullshit.
I am long facebook, and I will get flamed in the comments, but just realize that history is repeating itself and this is most likely a huge opportunity.
Leave a Reply