TopgOptions

Facebook and Instagram shut down in Europe

Short
NASDAQ:META   Meta Platforms
If you haven`t shorted FB at my first call, at $337, when Ark Invest started to sell it:

or when i warned you about a potential competition threat, at $340:

Then you need to know that Meta might have to shut down Facebook and Instagram in Europe, because it could soon find itself unable to transfer data between the US and Europe and so opt to no longer operate in Europe.

The issue are the new regulations on how data can be transferred or processed between different countries and regions.

I`m looking at a speculative buy under $200 level.

Looking forward to read your opinion about it.


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