Replies to post #23604 on Meta Platforms Inc (META)

[pkdaddy64]

FB has already traded on L2 26,000, Last pps $47.55 all because China lifted their ban in Shanghi. Huge News!

[squashjohn]

Fair comment & sure they have it all still do & 'prove'. Flip side of that coin is that if they grow rapidly & fulfill the high valuations the SP is trading at - they have the potential to grow to that size - which conversely will no doubt put pressure on GOOG somewhere down the road - since they compete in the same domain. FB has to start somewhere don't they?.. As AAPL & GOOG once did.. The key for me is potential.. Worst case They're still a BUY long term cause i don't see them going to $20/ share in years to come :-)