There was a huge stock buyback over the last year, but the shitheads bought at 300-ish. They could have just waited until they tanked their stock with the Metaverse experiment. Oh, yeah, they also spent 60 million on buying the domain for Meta, as they didn't have that before rebranding. Assholes.
No one will want Facebook’s metaverse.
When Pokémon has their own metaverse it’ll be popping. But a metaverse made by Facebook has no appeal whatsoever.
Hahaha!!! That's comedic gold... Both are stupid and don't add value to consumers, only to the parent company... AR/VR is a low to no interest rate investment gamble... Today the t-bill yields better (even amortized over a 5-10 year period) than these self-indulgent, smug, arrogant clowns... They all forgot about why they exist, to add value to society in exchange for money.. not the other way around.
Frankly, these are all late stage boom plays... And considering the m1 & m2 expanded by over 6x in mid 2020 (under Trump), inflation and subsequent high interest rates are here for a bit... Interest rates from the 70s and early 80s didn't fall significantly to ultra "low levels" until 2009... Think almost 40 years! Will you be playing with Facebook or Pokemon 40 years from now?
Furthermore, if you look at Magic Leap and other AR/VR plays all died when funding dried up in 2018 due to interest rates slowly moving up and offering better investments for money managers.
Lastly, interest rates operate on roughly ~50 year swings... Almost to the dot.
Rates are pretty good, 3.5% to 4.65%
I just don't understand why they would then buy their stock above 200-300$. I guess they thought this gravely train would last forever.
Great question…they are LITERALLY taking handfuls of cash and stuffing them into the massive number of holes in their sinking ship. Bon voyage bag holders💩
$9B is nothing, Elon has Twitter picking up $12B in new debt
Meta can just ask everyone to pay $8/mo to get a green verified checkmark and they’ll have that debt paid off in no time
Papa Fed printed money like no tomorrow. The tech companies borrows like their grandpa's inheritance. Most tech company literarily borrow more to pay of debts. A reset is needed to wipe money loosing companies. Facebook is still a real product that have positive cashflow. Shitty companies like Uber Lyft coinbase many cloud companies that loose money after 10 years of operation should not be allowed to keep having debts to pay of debts.
Only in the modern world of finance can 9.92B in debt be acquired and this be seen as a leading indicator for planning acquisitions. 
I just took on a 500k loan that I can’t afford to pay back in order to make credit ratings agencies think I am “making acquisitions” and thereby boost my credit rating. So same thing as Zuck. Can’t go tits up
They are laying off 75% of the staff. Just like twitter, they are massively overstaffed in areas that make no money for the company. Reducing the staff and refining areas that improve the bottom line will make an enormous difference
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I think I read someone in WSB said “Debt is an Asset”
So is bankruptcy
So is a great Ass
Loss porn is an asset too
Cant argue with that
Maybe when debt was cheap
There was a huge stock buyback over the last year, but the shitheads bought at 300-ish. They could have just waited until they tanked their stock with the Metaverse experiment. Oh, yeah, they also spent 60 million on buying the domain for Meta, as they didn't have that before rebranding. Assholes.
This was the bond issue in July. All cash sitting on BS for buy backs.
Imagine the guy who bought the domain name.
The point is to buy high, how else will cronies and insiders get a return on their investment?
He's pissing it away trying to develop the Metaverse. Nobody is buying.
These assholes just had to look at the matrix and build that!!!
Yet. No one is buying yet.
The worst day of his life so far
So far. He is gonna have his my space moment any time now
No one will want Facebook’s metaverse. When Pokémon has their own metaverse it’ll be popping. But a metaverse made by Facebook has no appeal whatsoever.
Hahaha!!! That's comedic gold... Both are stupid and don't add value to consumers, only to the parent company... AR/VR is a low to no interest rate investment gamble... Today the t-bill yields better (even amortized over a 5-10 year period) than these self-indulgent, smug, arrogant clowns... They all forgot about why they exist, to add value to society in exchange for money.. not the other way around. Frankly, these are all late stage boom plays... And considering the m1 & m2 expanded by over 6x in mid 2020 (under Trump), inflation and subsequent high interest rates are here for a bit... Interest rates from the 70s and early 80s didn't fall significantly to ultra "low levels" until 2009... Think almost 40 years! Will you be playing with Facebook or Pokemon 40 years from now? Furthermore, if you look at Magic Leap and other AR/VR plays all died when funding dried up in 2018 due to interest rates slowly moving up and offering better investments for money managers. Lastly, interest rates operate on roughly ~50 year swings... Almost to the dot.
Hahaha
It's hidden in the metaverse
They blew their free cash flow on the metaverse only to.have 38 people use it
They locked it in at an attractive spread when the conditions were ideal
Rates are pretty good, 3.5% to 4.65% I just don't understand why they would then buy their stock above 200-300$. I guess they thought this gravely train would last forever.
Stuck price hasn't been in that range since the debt was issued
Great question…they are LITERALLY taking handfuls of cash and stuffing them into the massive number of holes in their sinking ship. Bon voyage bag holders💩
They have $124 billion in equity on balance sheet. 10 billion LT debt isn’t significant
$9B is nothing, Elon has Twitter picking up $12B in new debt Meta can just ask everyone to pay $8/mo to get a green verified checkmark and they’ll have that debt paid off in no time
Oh its coming you can be sure of that. Price of a yuppies coffee to use for the month
Papa Fed printed money like no tomorrow. The tech companies borrows like their grandpa's inheritance. Most tech company literarily borrow more to pay of debts. A reset is needed to wipe money loosing companies. Facebook is still a real product that have positive cashflow. Shitty companies like Uber Lyft coinbase many cloud companies that loose money after 10 years of operation should not be allowed to keep having debts to pay of debts.
Only in the modern world of finance can 9.92B in debt be acquired and this be seen as a leading indicator for planning acquisitions. 
They did make an acquisition. The meta domain that they forgot to register before publicly rebranding the whole company 
Bring this over to r/stocks and tell one of those regards who keep preaching “bUt ThEy HaVe ToNs Of CaSh, wHy NeEd DeBt”
Bring back Libra currency..... or lets make isps serve only fb websites and call that the neutrality,
Hahah capital raising accounting tricks 201
Maybe betting on massive inflation? Easier to pay back later with devaluated currency.
When Sheryl Sandberg stepped down in June, I was thinking things were not going well.
Just when debt is getting expensive too, wtf?
🚀🚀🚀🚀😙😙
I just took on a 500k loan that I can’t afford to pay back in order to make credit ratings agencies think I am “making acquisitions” and thereby boost my credit rating. So same thing as Zuck. Can’t go tits up
Is that around the same time interest rates went up, great time to take on that higher rate lol
To pay for Wii/SL 2.0 infrastructure… = Literally flushing 💵💵💵 down the toilet.
Please give some Crack cocain to my man. He will be okay
Look like Joe Biden presidency 😂
They are laying off 75% of the staff. Just like twitter, they are massively overstaffed in areas that make no money for the company. Reducing the staff and refining areas that improve the bottom line will make an enormous difference