That Time We Shorted (FB, META) Facebook, Meta Platforms Inc - Analysis, Trade Recap!!
Facebook by Meta is now the biggest social networking platform worldwide, with more than 2.85 billion monthly active users globally, according to Statista. It was also the first social network to amass one billion registered accounts. Founder Mark Zuckerberg created Facebook in 2004 while a student at Harvard,


A Brief History of Facebook - Meta
Facebook is an American online social media and social networking service based in Menlo Park, California. It was founded in 2004 by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, and Chris Hughes, who were students at Harvard University.
The company was initially launched as a platform for Harvard students to connect and share information, but it quickly gained popularity and expanded to other colleges and universities. In 2006, Facebook opened its platform to everyone over the age of 13, and the number of users continued to grow rapidly.
In 2007, Facebook introduced the concept of “news feed,” which allowed users to see updates from their friends and other users in real time. This feature proved to be very popular, and helped to make Facebook an essential part of many people’s daily lives.
In 2009, Facebook introduced new features, such as the ability to share videos and create events, and the option to “like” and comment on other users’ posts. These changes helped to make the platform more engaging and interactive, and contributed to its growing popularity.
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In 2012, Facebook went public and was listed on the Nasdaq stock exchange. The company continued to grow and expand, and by 2016, it had over 1.7 billion active users.
Despite its success, Facebook has faced criticism and controversy in recent years. The platform has been criticized for its handling of user data and privacy, and for its role in the spread of misinformation and fake news. In response, the company has implemented new policies and features to address these issues.
Overall, the history of Facebook is one of rapid growth and innovation. From its humble beginnings as a simple networking platform for college students, Facebook has become a global phenomenon, with a significant impact on society and the way we communicate.
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That Time We Shorted (EWC) iShares MSCI Canada ETF – Technical Analysis, Trade Recap!!
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Read Morefantastic videos and uh
you can question my accuracy but
literally all of these highlights came
from the
same the same
stream the same vod these are all i’m
wearing the same clothes with the same
stuff on the shelf back to back to back
hit after hit only showing bangers guys
it’s like here’s a company here’s where
it’s going hit here’s the next company
here’s where it’s going hit here’s the
next company here’s where it’s going hit
shooting 100
30 for 30.
we were all so involved in that trade a
long time ago though you gotta look on
i comment about how it had the massive
20 sell off like it did up up top in the
more current day and then continued to
push down it didn’t just stop there and
that
spoiler where do we think that one went
there you can join my discord you can
also buy a shirt you can also check out
where are we today
so you know you’re always in the loop
with the latest information the most
up-to-date information make sure youtube
twitch reddit discord
instagram facebook if it even is still
up um
yeah
so
today
as you can see a big game has been
technology we’ve been talking about
technology
also they had a symbol change from
facebook to meta
trying to hide their pass trying to
make it so when you look up meta you
can’t find all the lawsuits they’ve been
in and all the times that they were on
capitol hill basically anything re-brand
themselves
look at that on the internet
we were seeing pictures still the same
symbols same technicals same chart
same profit margins
down 57 percent
only someone would have warned him
yeah a lot happened today
even right now
it says the api connection of facebook
[Music]
from facebook so maybe we’re live on
facebook maybe we’re not
um
looking at the fundamentals in 2017
had a
39.16 profit margin in 2018 they had a
39.6 percent profit margin in 2019
they had a
26.15 profit margin and in
2020 they had a 33.90
profit margin they’re currently value
valued at
919 billion dollars
the volume on the day was 42 million
their average volume is like 22 million
a lot of people panicking i guess they
tend to beat earnings
i feel like people are way too soft on
social media companies
i am not the biggest fan of social media
companies if you’ve been watching me for
a while you know i’m not a fan of
anything really social media related but
it is nice being able to
talk to people throughout the
communities and various i feel like uh
creators really
drive what happens in a social media
environment
um
while facebook services may have been
down today
with instagram and whatsapp and all that
you could see the bearish
position on facebook has been happening
for about three to four weeks now as of
the time of recording this video like
this didn’t go from hunky dory to
all of a sudden you woke up and things
were bad this has been
consistently
turning downwards for a while now as you
can see the rsi is peeking out here um
that would never like to see that as a
bull
as a bull you want to see your rsi
consistent very consistent
rsi
to be fair of the three facebook does
maintain profitability
and the others do not when the rsi is
touching the
top that’s typically a sell signal um
no dividend on any of them personally
i’m very against the ideals we like
hate dividends so more than anything in
the world guys more than anything i
hate the idea of that i
cookies internet cookies should not
exist all these
forms of
ways that facebook has to track their
users even when they’re not using
facebook like
like even off their platform
it’s not good
there’s so much location information so
many pictures so many files so many
multi-million dollar
trades being made
that information like that shouldn’t be
given to
any social media company we’re not just
talking about facebook like i feel like
it should almost be regulated in a sense
in america i know this is not the same
everywhere this is america
exclusive as far as i’m aware but we
have the right to privacy here right
what
what’s the difference between facebook
eavesdropping or
peering into someone’s house and
just some random person on the street
holding binoculars looking in my window
you know
what is the distinction here is it
because they’re an llc so if that person
out
standing on the public street with his
binoculars he had an llc he’d be
perfectly okay to do that no things like
that are illegal and they’re wrong right
and they’re wrong for a reason
why is it that these companies can turn
this right to privacy into
a business priest ethan preach
preach
okay so where is facebook today as you
can see this video was filmed when it
was at the 326 price point if you’re in
the discord you would have been in even
sooner um
where are they today well as of three
weeks ago and they’re still at this
price point no
160 dollars
that is a differential of almost 200
per share absolutely massive absolutely
massive um god damn now
we’re gonna get into that later um
but look at that move what what
percentage move is that what what
percentage move is that let’s look at
them today
that is a
57.76 percent move to the downside
you could have been in that we made
money on that
you could have shorted that 200 per
share is no meager amount that’s huge
and once again it’s a pretty damn direct
path you couldn’t ask for much more of a
cleaner like a route down there you
couldn’t have asked for much cleaner um
[Music]
it’s these big time frames you guys
really need to focus on if we were just
looking at this company like oh you’re
bullying
so and so you’re just you know
picking on that one company like you’re
just being a dick no
it’s when you see it
this pattern that i’m trying my best to
show you guys that was
signaling across
everything we’ve looked at today
all the social media companies same
pattern peak rsi
rsi peaking as you can see
every single one of them we have looked
at the major market indexes at the same
time japan korea the us
vanguard indexes they were all
displaying these heavy sell signals
simultaneously and they matter a lot

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That Time We Shorted (FB, META) Facebook, Meta Platforms Inc - Analysis, Trade Recap!!
Facebook by Meta is now the biggest social networking platform worldwide, with more than 2.85 billion monthly active users globally, according to Statista. It was also the first social network to amass one billion registered accounts. Founder Mark Zuckerberg created Facebook in 2004 while a student at Harvard,
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
I may need your help. I’ve been doing research recently, and I’ve tried a lot of different things. Later, I read your article, and I think your way of writing has given me some innovative ideas, thank you very much.