Meta Platforms Inc (META)

[OptionsBoy]

oh yea definite possibility. I'm hoping for low 20's or even 19's by Monday close. Wishful thinking but not totally impossible. Just depends on how much selling we see in advance of the lockup and then on lockup day.

Starting to see more articles and serious analysis of the issues with the recent earnings report. The post earnings run was just silly. The stats they reported did not justify that type of run at all.

With the run-up and now serious fade after earnings, I can see the employees getting nervous again and wanting to cashout as soon as possible. The more we fade between now and Friday close, the more selling we will see on Monday in my opinion.

Keep in mind since the high point after earnings, the employees have watched the value of their shares significantly decline yet again. That is not a fun feeling for them.