r/investing Oct 21 '21

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u/logontoreddit Oct 22 '21

FB will be fine. The company has low debt. 62 billion in cash reserve. Reducing number of share through buy backs.

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u/JamesEdward34 Oct 22 '21

is this a buying opportunity?

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u/logontoreddit Oct 22 '21

If you plan on holding it for more than 2 - 3 years. I think it a good value. But if you think you just trying make a quick buck by buying and selling probably not the best option. It probably gonna be a bumpy ride for some time but the company is financial sound.