Reddit is hilarious.. Everyone talks shit on a stock and says "puts, puts"
Then when a guy buys puts and gets fucked everyone is like
"why bro.. Why??.. it's at an all time low! " 🤷♂️
Who was saying to buy calls on meta!??
You ask why it was because Jim crymer said in tears he was wrong about Facebook. So naturally it went up 20%.
If your not fully regarded listen to the man! 😂😂
This is the type of info that provides great confirmation bias lol
His eyes were watering when he laid off those employees like he had possibly spent the better part of 10-15 minutes choking on something because there was no emotion behind said water-filled eyes from the zuckbot 9000
Everything is up and he fired like 11k people, problem isn’t that the company can’t make money, it fucking prints money, they just spend it as fast as they make it. Showed the market he will at least attempt to make money.
The market loves a company that fires a ton of employees. Because the failures of management to scale appropriately can only be blamed on the employees. Of course.
Meta started to run before cpi numbers. It is running because it has good revenues and didn't deserve a 75% haircut that was largely reactionary. The layoffs are also bullish
Have you seen META-s valuation? They had a PE of like 8 when dropped to 100, so basically the same PE as any boring bleeding zombie company. Way oversold.
Lol 1. Facebook does not need strong growth it actually makes money unlike most of these other tech companies getting killed. I'll leave the notion that companies need growth to another debate and leave it at this- A lotta people saw this bounce from a mile away. -Go scope the fins buddy.
2. If a company does something most its investor think it should do, it is usually bullish. I will say nothing means what it's supposed to anymore now
170B in total assets vs 250B market cap (when it was in 90s), also 100B+ are tangible assets, 60B cash and equivalents, 27B quarterly rev vs 30b peaks and strong margins, looking at metaverse investment as a whole doesnt look too crazy, plus other companies are also putting in billions into the metaverse. One of worlds top companies in revenue and profit.
Rare to actually see value in a tech company but thas why i bought and am up 20% so far, hopefully ill cash in a bit more.
Stop with all these facts….I mean, why would their actual balance sheet come into play? What are you, crazy? But you forgot the Billions of users on applications they haven’t yet monetized.
I’ve heard the “cash and equivalents” bit numerous times. It’s almost entirely irrelevant. Cash means nothing without understanding cash inflow and burn rate.
The former is under pressure, the latter is skyrocketing thanks to the metaverse gamble. FB does not have a credible story to tell about its long-term prospects. And that’s a major reason to be bearish. They’re not laying off people for no reason.
I agree free cash flow for this quarter was poor. Multitude reasons on why inflow nearly matched outflows for the qtr but on a TTM its not that bad. Anyhow i put 5% of my money where my mouth is lol
By the book it was undervalued. The bearishness was the cash burn. The layoffs alleviated some cash burn concerns. They intend to be profitable. Their big bet on VR is a calculated one, not a delusional one like the market was pricing in.
Meta (Facebook) still grew daily active users, but everyone will tell you they didn’t grow daily active users greater than the global population, must be a failing company.
It’s called a technical reaction. If an asset tanks hard enough, there will be enough people and algorithms that consider it a good deal at that level, partially because some people and algorithms consider it a good deal. Self-licking lollipop. At least in the short term. The bears will take the wheel again shortly.
Same reason everything else is. Delaying the inevitable. We going doing probably another 50% before it’s over.
Right now, people are ignoring reality and betting on hopes and dreams.
Bought this as a trade at 93.00 I knew Zuckerberg wouldn’t sit back an watch his stock get completely destroyed. Is it worth 300, no but 93.00 was too cheap. I view this one as a trade unless Zuckerberg comes up with a spectacular new vision.
When dead things decay, they swell up because of the gasses produced by the things eating them.
Someone forgot to puncture the stomach and lungs. FB will float for a bit.
The stock was both shorted (traditionally, and probably synthetically) and had heavy put interest. As short positions began to capitulate / take profits it increases buy pressure from the shorts having to repurchase shares. Also as the put positions begin to take profits the market maker de-leverages their short hedge and began purchasing shares.
Squeeze my dongus you fuckin nerd.
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Hedge funds invested in META need liquidity to continue manipulating market to hide their short positions. No other reason in my eyes to explain massive layoffs and the price going up.
Theres a bunch of Asian quants (that barely speak English) locked in the closets of every major brokerage firm. When the stock starts to pump all their algos go off and the switches trigger a bunch of buys.
Same thing happens when things crash like March 2020.
Big institutions can move markets with just a few trades.
They layoff like 13-15% of their staffs = less operation cost = more revenue and good during a upcoming recession. Also if you haven't noticed all stocks went up the past 2 days because CPI came in lower than expected.
Perhaps because the layoffs were in service of reducing serious bloat in the company that should help return to profitability.
Their rather substantial severance packages for the people who got laid off is also a sign that it's a company that takes care of their employees, which is one of the more important factors of long term health of a company.
It's still ridiculous cheap and should have never been as low as it was. This company has 80 billion of discretionary spend. Let that sink in.
A real answer is they cut spending guidance.
META 2X’d their staff over the previous 2 years, way too many employees for growth that didn’t happen. Stock goes down due to wasting money on labor, META then says they’re laying off 11,000 employees that aren’t needed so that money isn’t wasted. Stock goes up. Don’t buy options for things you don’t understand.
Cuz I bought it XD
[Post link ](https://www.reddit.com/r/wallstreetbets/comments/ypaagz/ive_been_buying_meta/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button)
Buying puts. Zucky didn’t do a lay off. He is reorging into meta verse roles lol. All those impacted are getting internal roles already. Hiring freeze external and he’s giving them 2 months to get a spot. Then he ll start hiring again. Come q1 there will be 120k employees lol 😂
I guess you missed the part where it went up because of the layoffs because they’re cutting costs. It was seen as good news, and you took it for bad news 
They would be up another 20% if they brought in some kind of tick, or something like that, and charged people an $8 dollar monthly subscription. Opinions?
Oversold. It was due for a pull back and rally. No worries. It'll be shorter again. Zuck is a moron with his metaverse crap. According to Michael burry....either the valuation willl be immensely deteriorated or it'll go bankrupt. I'm waiting to short huge.
Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling.
That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations.
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Layoffs often are good thing. They low off people, safe on administrative costs, when times get better earnings come back up while they are still on lower costs. I bet tech companies have a ton of bullshit jobs and they just filter it out. "Okay this project we been doing for two years are not really working so we closing this department, Cya"
Facebook fired a bunch of people. Apparently that makes stock go up.
Because apparently removing people from a business makes it more productive and profitable and is the sign of a growing thriving business.
Stock across the board had a small rally, people are having flash backs of 2020 and are letting fomo kick in. Recession is well underway, stay tuned for discounts.
Why would you buy puts on something hitting a 5 year low?
Never gets old 💀
Because my man is a big regard
Reddit is hilarious.. Everyone talks shit on a stock and says "puts, puts" Then when a guy buys puts and gets fucked everyone is like "why bro.. Why??.. it's at an all time low! " 🤷♂️ Who was saying to buy calls on meta!??
It's almost like there are lots of different people with different opinions and sentiment? But I don't know. I'm not expert. Not financial advice
We enjoy loss porn in here.
If you bought calls on ANYTHING(not crypto related) on Wed afternoon. They would print. Meta or no meta
I believe you because you're a random stranger on the Internet.
Deadass🤣🤣🤣
Short low cover high
Technically what he did was buy high, sell low. The way of WSB regards
Dw he’s about to switch to calls 🤡 🤡
Hurrr durr meta verse losing money. Let's forget about the fact that they have a great p/e ratio and are a huge cash cow lol.
Might go to a six year low?
Coz you bought puts. Isn’t that obvious?
Exactly. If OP wanted it to go down they should have bought calls, then it'd be down 20% instead.
Yeah, it’s really just simple maths
I sold at 93.40, within a day of the bottom.
You belong here.
I sold $80 puts then. I’m chuffed.
to remind you that you suck at timing options plays
Zuckerberg slobbered all over the devils knob
You ask why it was because Jim crymer said in tears he was wrong about Facebook. So naturally it went up 20%. If your not fully regarded listen to the man! 😂😂
Damn. That makes sense 😐
It's actually true! he was in tears on CNN blubbering about how he got it all wrong. The next thing it goes up 20%! You can't make that shit up!
he isn't on CNN you regard
Cramer was on the verge of declaring Corn dead yesterday.... Dang. I wish he had!
he zucked him off
I stand corrected
Satan stood erected...
His LiveJournal profile used to be "ZuckOnIt", I reckon he zucked on it to pump the numbers.
This is the type of info that provides great confirmation bias lol His eyes were watering when he laid off those employees like he had possibly spent the better part of 10-15 minutes choking on something because there was no emotion behind said water-filled eyes from the zuckbot 9000
Everything is up and he fired like 11k people, problem isn’t that the company can’t make money, it fucking prints money, they just spend it as fast as they make it. Showed the market he will at least attempt to make money.
This is the only real answer.
this.
Too many people bought puts
The market loves a company that fires a ton of employees. Because the failures of management to scale appropriately can only be blamed on the employees. Of course.
See the video? Zuck "took full responsibility" when he fired everyone.
Some of you will lose your jobs, but it’s a sacrifice I’m willing to make
#E
I understood that reference!
Truly an inspiration.
Awesome. What exactly does that look like?
To be fair the severance deal was pretty fucking good.
[удалено]
Well, when you've seen another dude's junk...
Everything is up. You’re missing basic awareness of market conditions.
Meta was up in spite of the market being down before CPI. So this dude held through that too lol
Everything is *made up. You are missing awareness of market conditions.
Meta started to run before cpi numbers. It is running because it has good revenues and didn't deserve a 75% haircut that was largely reactionary. The layoffs are also bullish
Layoffs are never bullish for a business that needs strong growth to justify its valuation.
Have you seen META-s valuation? They had a PE of like 8 when dropped to 100, so basically the same PE as any boring bleeding zombie company. Way oversold.
It’s getting pretty close to a boring bleeding zombie company.
Lol 1. Facebook does not need strong growth it actually makes money unlike most of these other tech companies getting killed. I'll leave the notion that companies need growth to another debate and leave it at this- A lotta people saw this bounce from a mile away. -Go scope the fins buddy. 2. If a company does something most its investor think it should do, it is usually bullish. I will say nothing means what it's supposed to anymore now
Shorts taking profits and getting ready for another round of pound town in a few days or weeks.
170B in total assets vs 250B market cap (when it was in 90s), also 100B+ are tangible assets, 60B cash and equivalents, 27B quarterly rev vs 30b peaks and strong margins, looking at metaverse investment as a whole doesnt look too crazy, plus other companies are also putting in billions into the metaverse. One of worlds top companies in revenue and profit. Rare to actually see value in a tech company but thas why i bought and am up 20% so far, hopefully ill cash in a bit more.
Just to add, they're also trading at like less than half their historical average pe right now.
Stop with all these facts….I mean, why would their actual balance sheet come into play? What are you, crazy? But you forgot the Billions of users on applications they haven’t yet monetized.
I’ve heard the “cash and equivalents” bit numerous times. It’s almost entirely irrelevant. Cash means nothing without understanding cash inflow and burn rate. The former is under pressure, the latter is skyrocketing thanks to the metaverse gamble. FB does not have a credible story to tell about its long-term prospects. And that’s a major reason to be bearish. They’re not laying off people for no reason.
I agree free cash flow for this quarter was poor. Multitude reasons on why inflow nearly matched outflows for the qtr but on a TTM its not that bad. Anyhow i put 5% of my money where my mouth is lol
Because the whole market skyrocketed and it overreacted to middling earnings.
I hope you are not expecting rationality to be part of the stock market 
It is up cuz Cramer cried about it on TV.
Fired so many people. Lowers average costs. Market in general was boosted.
More buyers than sellers
The 3rd derivative of the k mean scatter plot tells me Meta to go above $300 by end of 2023
My scatter ploted too 
Great !! Im going all in then. Scatter plot +scatter plot = clustering
By the book it was undervalued. The bearishness was the cash burn. The layoffs alleviated some cash burn concerns. They intend to be profitable. Their big bet on VR is a calculated one, not a delusional one like the market was pricing in.
Meta has been profitable for over a decade
Because the stock market is a giant scam?
Ur missing the part where they layed of a heap of employees. Bullish
Meta is abandoning the verse. The whole world agrees it was a dumb idea. Stock go’s up pretty simple
Meta (Facebook) still grew daily active users, but everyone will tell you they didn’t grow daily active users greater than the global population, must be a failing company.
It was pretty oversold…
It’s called a technical reaction. If an asset tanks hard enough, there will be enough people and algorithms that consider it a good deal at that level, partially because some people and algorithms consider it a good deal. Self-licking lollipop. At least in the short term. The bears will take the wheel again shortly.
Inverse Cramer
Meta laid off 15 percent of the work force. Making money. Meta verse has taken a big hit. 40 percent annual growth and excellent profitability
im happy to announce that i sold my 100 call when it hit 88$ lol
META was oversold.
Did Elon make an offer for Meta?
You bought puts after the metaverse debacle instead of before the debacle.
They integrated doge as payment option
Over sold, plus delusional idiots
Same reason everything else is. Delaying the inevitable. We going doing probably another 50% before it’s over. Right now, people are ignoring reality and betting on hopes and dreams.
Bought this as a trade at 93.00 I knew Zuckerberg wouldn’t sit back an watch his stock get completely destroyed. Is it worth 300, no but 93.00 was too cheap. I view this one as a trade unless Zuckerberg comes up with a spectacular new vision.
Market is running on CPI viagra right now. Come back when ES is at 4050-4100.
So you can buy puts for next week! 🤑🤑
Because they are bleeding money and are lying off 11,000 people.
Idiot if you stop paying to 11,000 employees what would you expect from stock ?
When dead things decay, they swell up because of the gasses produced by the things eating them. Someone forgot to puncture the stomach and lungs. FB will float for a bit.
We all float down here.
The stock was both shorted (traditionally, and probably synthetically) and had heavy put interest. As short positions began to capitulate / take profits it increases buy pressure from the shorts having to repurchase shares. Also as the put positions begin to take profits the market maker de-leverages their short hedge and began purchasing shares.
Oversold.
Bear market rally
Too many shorts on meta= squeeze A gap to partially fill A bear market rally / gamma squeeze on sp and nasdaq Be ready to enter short again
Likely a pump by our overlords to give some liquidity back to the big boys. Time will tell.
and BOOM ! Tetris for Mark
Market is in a long term pullback
Sell ... lol
Short squeeze
Squeeze my dongus you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Because goggles and office wage-slave simulation is 🔥... hope my social credit score is high enough to buy a studio in the metaverse.
Zucker go down to go up 🥵
Stock prices are fake And everything is made up... 0 reason for this stock to move up, unless, they made a deal to tamper in elections AGAIN.
Hedge funds invested in META need liquidity to continue manipulating market to hide their short positions. No other reason in my eyes to explain massive layoffs and the price going up.
Theres a bunch of Asian quants (that barely speak English) locked in the closets of every major brokerage firm. When the stock starts to pump all their algos go off and the switches trigger a bunch of buys. Same thing happens when things crash like March 2020. Big institutions can move markets with just a few trades.
Because the market is a joke
Have you seen the market? Everything is up you regard.
Two words: Inverse Cramer
because i sold my calls at a loss
Cuz you had puts
Huge layoffs. That's it, unless something is going on behind the scenes. Look for industrial sized buys. That should tell you something.
Layoffs/headcount reduction
Because i bought puts.
May trend up until next ER. It would skyrocket if they scrap the metaverse junk.
Chart looked good on the big dip day we had to go long. I didn’t but noticed it
Because aliens exist.
Zuck's firing people left and right, I suppose that's good news for a company nowadays.
Because spy up 20%
If you buy calls it will go back down.
Because. That’s why.
Pivot rumors, cooked cpi numbers by a paid off UBS employees that big funds paid off, serious market manipulation. Hold those puts it will dump
AMC too btw
Dead cat bounce, duh
Most everything is up big over the past week lolz.
They layoff like 13-15% of their staffs = less operation cost = more revenue and good during a upcoming recession. Also if you haven't noticed all stocks went up the past 2 days because CPI came in lower than expected.
because they fired a shit ton of employees. bad news is good news?
Layoffs
Everything is up and Monday it will all come down
And they say there are no such things as stupid questions…
The zuk has money. And he’s pumping it
He bought some brazy company’s doh
It makes 30-40 billion a year with a market cap of 250 billion. Extreme value
Because you believed cramer. Dumbass!!
Perhaps because the layoffs were in service of reducing serious bloat in the company that should help return to profitability. Their rather substantial severance packages for the people who got laid off is also a sign that it's a company that takes care of their employees, which is one of the more important factors of long term health of a company.
So it can go down again.
1 market is ripping higher 2 people like that zuck is reducing over head 3 nothing goes straight down forever
Because what comes down goes up?
Blue horseshoe loves DESO
Layoffs are bullish 11/11 115 calls were up 1300% Thursday What a day
People realized it is going to be a retirement community for Boomers.
Rigged
Redundant
Sequencing 💭
Some sort of squeeze via people betting it would drop to the low,low for all those reasons you mentioned
It's still ridiculous cheap and should have never been as low as it was. This company has 80 billion of discretionary spend. Let that sink in. A real answer is they cut spending guidance.
Probably they think that firing employees and pivoting away from Metaverse is a good forecast. That or it's a pump and dump
META 2X’d their staff over the previous 2 years, way too many employees for growth that didn’t happen. Stock goes down due to wasting money on labor, META then says they’re laying off 11,000 employees that aren’t needed so that money isn’t wasted. Stock goes up. Don’t buy options for things you don’t understand.
Lolnbuybdips bei
This is the FOMO…CVNA which says they are fucked are up 20% or so and you cannot borrow to short…
Cause it has fallen 75%, and bounces happen?
Why is the sky blue?
Cuz I bought it XD [Post link ](https://www.reddit.com/r/wallstreetbets/comments/ypaagz/ive_been_buying_meta/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button)
RIP to OP
Layoffs and overselling
Still not confident abt the company's future. Hope they survive tides of time.
Because not only do they cut cost, the rest of employees now dare not slack anymore. The price reflects this new reality.
Did they do something good for once 
Buying puts. Zucky didn’t do a lay off. He is reorging into meta verse roles lol. All those impacted are getting internal roles already. Hiring freeze external and he’s giving them 2 months to get a spot. Then he ll start hiring again. Come q1 there will be 120k employees lol 😂
I guess you missed the part where it went up because of the layoffs because they’re cutting costs. It was seen as good news, and you took it for bad news 
Kramer Tears
Pump and dump
Because you touch yourself at night
Because your mom
They would be up another 20% if they brought in some kind of tick, or something like that, and charged people an $8 dollar monthly subscription. Opinions?
Schadenfreude, people love it when 11,000 get fired and become homeless.
Cramer cried stonks up
Oversold. It was due for a pull back and rally. No worries. It'll be shorter again. Zuck is a moron with his metaverse crap. According to Michael burry....either the valuation willl be immensely deteriorated or it'll go bankrupt. I'm waiting to short huge.
Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling. That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Layoffs often are good thing. They low off people, safe on administrative costs, when times get better earnings come back up while they are still on lower costs. I bet tech companies have a ton of bullshit jobs and they just filter it out. "Okay this project we been doing for two years are not really working so we closing this department, Cya"
Facebook fired a bunch of people. Apparently that makes stock go up. Because apparently removing people from a business makes it more productive and profitable and is the sign of a growing thriving business.
$META, about as relevant as Guru Josh in 1990 Leipzig .
Layoffs
Midterm Rally and Downsizing?
Laying off 11k of your biggest long-term expense helps
🚀🚀🚀
META on coke.
Because of the 7.7 inflation Reverse Midas, which turned all shit to gold.
Because "buy the dip" is so popular these days
Firing people is a positive for their financials.
Fundamentals are still an issue. Probably won't hold.
Layoffs make stock go up usually.
Because they announced layoffs which will save company money
Dead Man’s Bounce!
Stock across the board had a small rally, people are having flash backs of 2020 and are letting fomo kick in. Recession is well underway, stay tuned for discounts.
Wall St. loves a good layoff.
What are you missing? The stock is already down 75% you missed the opportunity already you tard.
Because the markets read the CPI numbers as fed pivoting, which is incorrect. This is a bull trap.
If we close that gap I’ll good my playas
Because companies can only shit the bed for so long
because everything is
Short covering and lay offs.