[loeg]

High revenue but the stock is down 74% this year for a reason.

[colinmhayes]

Because it's run by an unaccountable megalomaniac who has signalled that he doesn't give a shit about his investors, not because of any fundamentals.

[loeg]

Bad governance is fundamental!

[colinmhayes]

I don't think Mark saying "we're going to focus on the metaverse instead of making money for a few years" is a meltdown. They're still making money, their earnings are still sky high, they're just spending more than they need to.