META is range-bound between 550 and 750; high capex and unclear payback prevent near-term upside.

And you so you look at Meta. Meta's up almost $20,000 here today.

Okay. Now, from there, Meta uh Meta is just I feel comfortable with the sizing of the Meta position. As I've told you guys many times, Meta is in what I would call, you know, it's stuck, right?

It's stuck between about 550 and 750. And so, it just kind of bounces in there. You know, if people are feeling real bearish, they'll push it down below that level. If they're feeling really, really bullish, they might push up.

But at the end of the day, Meta is not going anywhere in the very very short term just because the capex numbers are so out of control and people are still confused on if they're ever going to get this payback in regards to this capex spend.

Right? So Meta is just stuck longterm. It's a,000 to $2,000 stock. So do keep that in mind. Uh we just can't reach that level right now because we're stuck.

So if we just talk about some current positions I have, right? Meta, Meta had sold off 70% plus in 2022, right? No one wanted a piece of that stock and I just was gobbling up shares left and right in Meta, this stock that was dead and forgotten, right?

No one, it was like a toxic asset, right? No one wanted to touch this thing. And now you look at Meta and it's like, oh, you know, yeah, that was a good contrarian buy, was it not?