FB reports next week - without belaboring the real lack of value that thing has as a service on their primary properties, I deleted my account 4 years ago and found an extra hour in every day since, but on the business side - their investment in the "metaverse" is going to be horrifically bad. They have spent $10b to $15b on the thing and only a handful of users even make it to month #2 of membership. It is so bad, they struggle to find enough people that actually use the thing to survey for new features as a focus group. More people live in Reno, Nevada (by about triple) then use "New Horizons."
businessinsider.com/most-metaverse-users-dont-even-make-it-a-month-wsj-2022-10
This looks like a safe short.
Scott Johnson, MBA, PMP
Managing Partner, SSRJ LLC
I do not represent clients or give financial advice, I only invest my own assets.
Managing Partner, SSRJ LLC
I do not represent clients or give financial advice, I only invest my own assets.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Scott Johnson, MBA, PMP
Managing Partner, SSRJ LLC
I do not represent clients or give financial advice, I only invest my own assets.
Managing Partner, SSRJ LLC
I do not represent clients or give financial advice, I only invest my own assets.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.