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ShitOfPeace 36 points ago +36 / -0

Why would you ever own Twitter stock in the first place? The company is totally insolvent.

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yeldarb1983 9 points ago +9 / -0

couple reasons come to mind

  1. you want the IP or whatever tech they own

or 2) you plan to sell when they're eventually bought out by a competitor and they buy up the outstanding stock.(mods, give it some thought, eh eh?)

besides, you shouldn't expect a huge stock drop, more of a slow decline to obscurity (think myspace) That being said, I'm not an investment guru, so do what you will.

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ConvergenceMan 16 points ago +16 / -0

What tech? Twitter's primary value is their user base, their market capture. If that disappears, poof

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dm502 10 points ago +10 / -0

Yeh, agree. Not much actual tech around consolidating 140 character streams of thought. Not to mention it is basically the same as the day it launched. Innovation? Nope.

The ony new thing they've done is decided that they are in a position of power.

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FliesTheFlag 3 points ago +3 / -0

myspace enters the chat

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deleted 2 points ago +2 / -0
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deleted 1 point ago +1 / -0
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citydwellertrumpfan 1 point ago +1 / -0

Probably because they are a data-gathering enterprise, read several years ago that the mood of twitter predicted stock performance quite well actually. Sort of like Amazon, Google, Uber, Lyft are companies that are basically private intelligence firms, and the "product" you think you are buying (goods, rides, free email) has nothing to do with their actual business model. Which is to gather as much data as possible about their customers and then become valuable based on the amassed data which they can sell to anyone (insurers, advertisers, government).

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ShitOfPeace 2 points ago +2 / -0

I know all that, but from all accounts I've seen even with this model they're burning money at an incredible rate.

It isn't a viable business and never has been.