Came in to say that a 5% or 2% drop is not a plummet. A 10% drop is not a plummet. I have a stock (AMD) that moves this much on a weekly basis.
I'm surprised that is isn't plummeting and there could be a few reasons. But one is probably that Twitter has never known how to make money and is probably simply subsidized by Chinese interests. It seems pretty obvious. If they lost any real revenue, if there even is any, it would pale in comparison to some underground "capital investment" they are getting.
Silicon Valley con jobs are often priced on eyeballs, yes, but where are people going to go?
So I don't follow TWTR stock and refuse to waste 5 minutes looking at the fundamentals, but I've been around since it's inception and have never seen anything valuable.
Came in to say that a 5% or 2% drop is not a plummet. A 10% drop is not a plummet. I have a stock (AMD) that moves this much on a weekly basis.
I'm surprised that is isn't plummeting and there could be a few reasons. But one is probably that Twitter has never known how to make money and is probably simply subsidized by Chinese interests. It seems pretty obvious. If they lost any real revenue, if there even is any, it would pale in comparison to some underground "capital investment" they are getting.
Silicon Valley con jobs are often priced on eyeballs, yes, but where are people going to go?
So I don't follow TWTR stock and refuse to waste 5 minutes looking at the fundamentals, but I've been around since it's inception and have never seen anything valuable.