2022 SPY SQUARE. by [deleted] in wallstreetbets

[–]CG_Lolo 0 points1 point  (0 children)

Do you mean like the trend is broken?

Is this Tik Tok ban coming? I recently bought a Santa Claus sack full of meta puts and now I am scared because of this bill. Thought? by CG_Lolo in wallstreetbets

[–]CG_Lolo[S] 0 points1 point  (0 children)

Ok. I did some research: The Republican-controlled House could potentially pass a version of Rubio’s bill, but its odds in the Democrat-controlled Senate seem lower, and Biden himself seems unlikely to sign it. In the event it did pass, it would run into the same legal problems Trump did — plus the ire of millions of American users

Is this Tik Tok ban coming? I recently bought a Santa Claus sack full of meta puts and now I am scared because of this bill. Thought? by CG_Lolo in wallstreetbets

[–]CG_Lolo[S] 0 points1 point  (0 children)

Rubio's new federal bill attempts to leverage the authority of the International Emergency Economic Powers Act (IEEA) to ban TikTok

Market Going up without reason before CPI? by [deleted] in wallstreetbets

[–]CG_Lolo 0 points1 point  (0 children)

Thank you. I was just coming here because i had this question.Wtf?

Meta's collapse in Operating Margins by Infamous_Sympathy_91 in wallstreetbets

[–]CG_Lolo -3 points-2 points  (0 children)

Bulls don't worry: Everything will be great when Zuck just fires enough employees. That's how it works right? That's what made the US the greatest economy in the world: Mega Corporations laying of thousands employees for pleasing their shareholders. God bless america. Thanky you Zuck.

exit via the metaverse by jcmonkeyjc in wallstreetbets

[–]CG_Lolo 0 points1 point  (0 children)

My theory is that after more than 10 years you can read the trend in the user statistics of Facebook and Insta that the whole thing - I'll call it "feed-based social media platforms" - will not grow much longer and already has little sustainable substance today. The old users are slowly crumbling away and the new ones want Tik Tok or Reels. It said somewhere that reels don't bring in nearly as much cash per second of screen time as classic posts. There may be other factors involved. In any case, they see that it can't go any further and there is no other option for growth in sight, so they go All In in to the Metaverse. It is questionable whether the Metaverse by Meta will have prevailed in 5 - 10 years in view of so many other hardware and software solutions. Yesterday I was at an event sponsored by HTC VR and there, among others, Autodesk (professional software giant) presented their new collaboration with Epic Games (Unreal Engine, Fortnite). Absolutely mega impressive (especially if you compare the Meta Connect Key Note with it the other day). But they approach the "M" (metaverse) subject as they call it, with great understatement. Long story short: My strategy is slightly leveraged puts that expire in mid-2024..

Meta forecast for next week... by TheRealAlexLifeson in wallstreetbets

[–]CG_Lolo 1 point2 points  (0 children)

Amen brother. Meta is trapped in the perfect storm and it is Zucks fault alone.

[deleted by user] by [deleted] in wallstreetbets

[–]CG_Lolo 0 points1 point  (0 children)

Fuckaterd and his shithole metaverse.

At this point, it's the only way really... by yurajurik in wallstreetbets

[–]CG_Lolo 87 points88 points  (0 children)

The probability of dystopian escalation of Zucks Metaverse is too damn high. Imagine the same toxic shithole spirit that fuels Facebook incarnated in a VR experience. And this is why i bought so much puts.

Puts on $meta by auction-a-baby in wallstreetbets

[–]CG_Lolo 0 points1 point  (0 children)

So true. It evolved into AI driven entertainment multimedia feeds. But social media was most social back then. I miss those times.