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I have a fairly large position in Meta because I'm sure that the US government is going to ban TikTok. I think once it spikes from that announcement, it will at
by purpleblue 4y ago
I have a fairly large position in Meta because I'm sure that the US government is going to ban TikTok. I think once it spikes from that announcement, it will at least make it back up to over $200, for the time being.
- johnwheeler 4y agoBut even if you got in sub $200, a tiktok ban would be a very generous layer of icing on the cake. Same with the metaverse. The core business is still attractive and it’s a good stock.
- Karunamon 4y agoI'm curious, why Meta? As far as I can tell all of their properties are in decline and don't have much cachet among younger users.
- laweijfmvo 4y agoOne possible reason is because if Meta did have a product that was appealing, they’re ready for 100M new users overnight. Not just infrastructure but regulatory, compliance, etc. on a global scale. Any new contender would have to build out very quickly.
- 2OEH8eoCRo0 4y agoI've read that their VR devices are very popular with youngsters and growing.