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Feb 8, 2022 2:26 PM

Facebook and Instagram shut down in Europe Short

Meta Platforms, Inc.NASDAQ

Description

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.

Comments
solidBus76050
so many alternatives to facebook in europe, lol
ClearOpenDoor
Where can we find out more about these potential upcoming digital data regulations?
Najah000
Funny answer from couple of ministers of europe « life great without facebook »
Let see what gonna happen next few days or week
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