Sunday, August 14, 2022

Problems with Reality? Let's Virtually Go All the Way

Following up the Meta article and the data posting from the next day, I'm adding one more post before moving on to other topics. May as well pile on some more links and get this over with. First: Mark Cuban says virtual real estate is stupid. For a known heavy cyber cash investor to see it like that, ouch. And further ouch:

Trading for land on six platforms, including the Sandbox and Decrentraland, is down 97 percent from its November peak, according to WeMeta. Trading volume was $229 million that month, but only $8 million in June.

If you are looking for advice on buying (but not selling) VR stocks, it seems everyone has a bunch of opinions. It's a crowded market, so Vorpal Trade will skip making any suggestions. You could try The Impact Investor, which will tell you how to "choose the best VR stocks." You can choose from 13, including DIS, META, and Sony. Yahoo! Finance also has a list of 10 VR stocks to buy, or maybe the 5 best. This May 2021 article might be a little dated. Or try the long-standing Motley Fool, which is more selective, with only 7 VR stocks. These are not small companies with potential, though, they are mostly "giganticaps" like Google, Meta, and Apple. Or you can just go to Google or DuckDuckGo (preferred, because it doesn't "bubble you in") and search for "virtual reality stocks".

(This is a link collecting and commentary article and may be updated occasionally in the next week.)

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