Do you invest in stocks? - Meta drops like a rock
Published on October 28, 2022
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
Did you see what just happened to Meta this morning haha? I would not have been able to predict this in a million years. I luckily only bought two Meta stocks when it fell massively from over the $330 mark overnight to $237 just to test the waters and shocked that the Meta stock only worth $98 this morning.
I only bought two stocks and $280 out of pocket haha. Can you imagine how much money people lost that got thousands of stocks in Meta? Well I know what comes down must go up but the question is do you now buy the dip or did Meta go the completely wrong direction now with the Metaverse? Even if they did, it is still a massive company with very valuable assets. That said, not sure if you saw what Apple is doing now to cut into Meta's revenues. If you are not aware just do a Google search and you will see.
So with all this in mind what do you think? Any thoughts? Do I buy the dip or better to just stay away from Meta completely now haha.
Ps. This post is intended for those that are investing in stocks or interested to invest in stocks. I just thought it is so shocking that Meta dropped to such a low level and just thought I would share and see what fellow investors think about Meta and whether buying the dip is a good idea or not :)
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