 The latest now on Facebook. The company stock plunged overnight after reporting a big decline in daily users. Shares wiped out almost $175 billion in value overnight. Shares plunged 18% as we learn this news. So what exactly does this all mean? Now, if you haven't heard yet, Facebook just took the largest hit of any company in the history of the stock market. Oh yeah, it smells like opportunity. Okay, let's break this down right now. Okay, sheet of paper. Okay, let me have a marker. Here we go. Okay, so first off, let's talk about why Metas went down so much in the last day. First off, they've lost over a million daily users. This is massive. And we know where those users are going. Okay, there's only one place that they're going and that is TikTok. The second reason is because they've invested so much money over $3 billion into the Metaverse, which comes right off their bottom line. And the third reason is Apple. When Apple switched over their privacy settings back in December, it messed everything up for Facebook advertising. So the day that all this happened, Facebook lost 26% of the company's value, which equated to about $280 billion. Now, I believe in Meta for one reason, the Metaverse. Now, what we've learned, if we've learned anything at all here is that Meta was way more dependent on Apple than anyone ever imagined. Apple owns the operating system, the iOS that Facebook lives on. And when Apple changed their privacy settings back in December, that screwed everything up for Meta in terms of their advertising. They can't target people like they could before. That's estimated to cost the company over $10 billion. And I see Meta saying, lesson learned guys, we're gonna invest money into this Metaverse. It's gonna be Web 3.0. And we're gonna own the hardware. We're gonna own the operating system. And we're not gonna depend on any other company. We're going to rule our own destiny. Now, this is gonna take many, many years to come to fruition, but I'm a long-term investor. I believe in Facebook. I believe in what they're doing. I believe in their innovation. I believe in the direction. And I believe that they knew that this hit was coming. They are okay with taking this hit because they know that they're investing for something far greater. So, I see this as a huge opportunity and I already had well into the six figures worth of Meta stock. And I'm about to purchase 200 more shares, $50,000 worth, and done. Now, you might ask yourself, if you believe in it so much, Ricky, why aren't you investing $100,000? So, the fact is that I do have $100,000 set aside to buy Facebook stock. I'm buying $50,000 right now and I'm hoping it goes down even further where I'll put in my next $50,000. Let me know what you think and smash the like button if you enjoyed this video and I'll see you on the next one.