$META

Speaker holds a bearish stance on META despite recent new highs; previous short position was unsuccessful.

Bearish
“The Drift with Adam Mesh & Tom Sosnoff”
BenzingaPublished Sep 23 · 11 passages

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11 passages
4:5340:31

like Micron and AMD and things like that. Those were and Meta those were impossible stocks to trade. can I bet $10,000 that that you're bearish meta right now?

I am and I hate it and it's not working. but I got short Meta and you know and Micron and that did not work.

you know basically Meta story is an AI story. Meta made new highs

compare that to to selling into the meta 80 point run because that's like the whole world's buying meta. speaking of meta though, have you looked at Muse, their new Have you seen what it does at all?

I heard them talking on CNBC though that um that it does like one one of those apps does like it will go through your bills and eliminate like waste if you wanted to, which sounded cool.

Yeah, I have very little faith or trust in Zuckerberg in general. I I'm not a Zuckerberg apologist and I I don't love the man at all. So I I you know I take it all with a grain of salt and just say, "Okay, I'll check it out eventually." But I'm not I'm in no rush.

we know you don't like Mark Zuckerberg. Like I don't like Zuckerberg for my own personal reasons.

markets coming off their highs a little bit. Meta is not something I think I would want our audience getting involved with, obviously, because it's just too crazy right now.

I knew. I was like meta definitely involved. But like you got involved after the the big move up. I I think this is a good kind of I I like the fact that Meta has so Meta has options that expire today.

They do, but you know Meta not the greatest stock option. The markets are kind of crappy in there. I mean they're fair. I just feel like this is like I guess if you know whatever this is a good kind this is the kind of stock I would like for an intraday riskreward because sure on one hand it could keep going but on the other hand if the market rolls over because bonds are at their lows um and you get like a selloff into the close if this stock went negative today like like a 750 put if it reverses 20 point you can make nine to one on your money like you shouldn't risk a lot on it.

But it's it's a pretty it's pretty good, you know, one day riskreward if you keep it under control.

the interesting thing about Meta and I talked about this this morning actually on our morning show. Um I bought the 740 745 put spread yesterday and you can do it better today obviously, but um uh the at the money put spread and it trades right around you know like half the width of the strike.

So like if wherever meta is the put spread will trade around you know the $5 wide put spread will trade for 250 if you buy the at the money but the expected move in meta over the course of from now to November is over $100.

It's like 107. So either you're going to be either you're going to be very right or very wrong but there is like you're not going to pin at 745. I mean the expected move of the stock is $100,

What this channel has said about $META

Benzinga has 6 calls on this stock; only the adjacent ones are shown.

2026-09-23BearishThis one
like Micron and AMD and things like that. Those were and Meta those were impossible stocks to trade.
2026-09-23Bullish
Next story here. This is going to be on Meta's Muse, and it is already outpacing Chat GPT's early downloads. JP Morgan said it could be AI's biggest consumer app yet. Been talking a lot about Muse lately. That's of course tied to Meta. Meta Platforms, ticker META. Their new Muse AI agent could become the world's most widely used consumer artificial intelligence app since OpenAI's Chat GPT. And that's according to analysts at JP Morgan after the app quickly climbed to number one on Apple's US App Store following its September 8th launch. Analyst Doug Anmouth credited Muse's userfriendly interface, generous free tier, and Meta's distribution advantage across social media platforms that serve billions of users daily. And that was reported by Reuters. The bank reiterated its overweight rating on Meta with a price target of 820. Quote, "While it's still early, we believe that Muse has the potential to become the most widely used consumer AI application since Chat GPT." End quote. That was from Amth in the note to clients. Muse, which launched on September 8th, reached about 2.5 million US downloads through September 19th with roughly 557,000 daily active users, according to Sensor Tower data cited by Bank of America. On iOS alone, the first 12 days produced 1.43 million downloads, edging out Chat GPT's 1.37 million over the same post-launch window. Early reviews show, quote, "Functionality is re resonating with users, particularly the agents ability to execute multi-step tasks and workflows with limited user intervention." End quote. That was according to Bank of America's global research. Still, the bank cautioned that revenue from ads, subscriptions, or commissions within Muse is unlikely to become material before 2028. Muse's basic version is free with subscription tiers priced at 20 and $100 a month for heavier use. Quote, distribution is everything in the new AI economy. End quote. And that came from market strategist at futurum equities Sha Balure in a post on X. Since Muse's launch, Meta shares have climbed to nearly 20%. The stock is up 13 and a quarter% year to date, but it is down 2 and a.5% over the past year.
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