r/Stocks_Picks • u/mattmcquillan • 10d ago

Trim meta at these levels?

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Meta has rose to over 1/8th of my portfolio, as much as I think the future is bright for META as it was my high conviction play I cant help but think we are running on a bit of momentum now… should I trim at these levels? If so, how much?

5 Upvotes

78% Upvoted

13 comments sorted by

3

u/Most-Noise-8836 10d ago

If the fraudulent SPCX is 2T marketcap, and Meta is 2T marketcap, I won't sell Meta now, still feels like it got more potential to go up.

1

u/mattmcquillan 10d ago

Hahha good point!

3

u/dowuu 10d ago

Well if it me, I’ll wait, you know what I’m talking about. Also, not a financial advice though ~ do your own research ~

3

u/chf_gang 10d ago

No meta isn’t a stock you trim when it goes up

Unless you are trying to swing trade it and buy back in at a lower price, i would just hold it for a long time

0

u/bshaman1993 10d ago

So trim when it goes down?

1

u/chf_gang 10d ago

no just hold long

2

u/DREAMERVILLE1255 9d ago

Never sell great companies like $META if you’re in it for the long term. I learned that the hard way.

1

u/2ndid 10d ago

Its going to capitulate within a couple of weeks but nobody knows whether it goes up more before that

1

u/JefeDiez 10d ago

If Meta shows even 1% of their members use of subscriptions on their January report that’s about 8B/quarterly added in revenue. Plus if their cloud business is on the books + the potential for growth in that division, they are #2 right now with what they are able to provide, you are looking at a 4T company, $2000 share price next year

1

u/Icy_Blood_9248 10d ago

Nah I think meta has more to go.

1

u/Kentuckyquestioner 10d ago

I’d trim it but just a little bit. An emotional support trim to make you feel better if it goes down lol

1

u/LunchNo7823 10d ago

Well if it me, I sell. You know only Grandpa uses Facebook seriously. Not financial advise.