Meta Platforms Inc (META)

[wapsi]

anyone who thinks this is an investment until it hits 7 bucks a share needs their head examined imo. Tuesdays news showed an insider selling 450000 shares and then Tuesday after hours Fakebook puts out a pr saying the Zucker wont sell any more shares for a year. Sure looks like fakebook is trying to pay puppets for target pricing more conducive to its IPO price. The fact is this thing is a loser and WAAAAAYYYY over priced. Im making money betting on the short and the puts. Have been ever since the IPO started. The big advertising companies like to see bang for their buck in ad responsed. GM saw no benefit is why they cancelled advertising on Fake book. Lets face the facts... Its a kids web site run by kids who just a few weeks ago learned how to wipe their own nose. I will keep shorting and buying put options. The real money is leaving as fast as any PR brings the price up they sell imo.