$META
Added 2024-02-02 15:29:26 +0000 UTC$META has pulled a $NVDA.....defying the odds and letting its revenue do the talking.
This is also the second time they have announced at ATH's that they are Buying Back Shares, at $300+ and now at $475+....I wonder why it was not done below $100.
$META went very aggressive in this earnings call, a buyback and dividend on top of strong revenue....the chart looks as aggressive and parabolic as you will see and even $NVDA did not have this sort of vertical movement.
Is this sustainable? $510 looks like the top but I would never buy a stock that looks like this.
Making the decision to buy under $100 was a good call and we called the bottom at $88 but this has one large red flag all over it now....why did Zuck go so aggressive in this earnings?
Comments
where’s the pull back land
JessyyRabbit
2024-02-02 17:18:46 +0000 UTC
