Meta Platforms Inc (META)

[Strategyone]

60% ownership by Zuckerburg may be perceived to be bad for some but not all. I, for one, am glad he holds a majority. It is still too early in the social media craze for Facebook to slow down (which is what I think will happen with shareholders start demanding more control over the future decisions of this company). There is a time and place for slow shifts just like what happened to Microsoft. Bill Gates gradually divested out of the majority and slowly turned over CEO responsibilities over time.

Facebook is a cash earning cow that will go through some ups and downs but one slightly down earnings report will only be a hiccup in the long term. They will continue to innovate and diversify into other segments of the social industry craze and I don't see that going anywhere anytime soon but up.

If I sold my facebook, I would owe taxes this year so that isn't happening either. Everyone did not all buy at the top.

Good luck with your short strategies. I am sure there is money to be made during the downward cycles too.