Gosh, I understand market ups and downs. But Twitter has gone down from the highest of 47 last month to 29 today. Is it expected to go down further?
Twitter has received backlash because of all the false accounts and inflated numbers. As Facebook, snap, IG and all the rest balloon numbers too. Political unrest, increased regulations, and strict policies will make the stock price rumble because they cannot extract exact valid sub counts. Being as volitile as they are I would steer clear from investing until they prove they can have real active sub counts and recurring daily active users consuming valid information.
I see more downside. Maybe 25ish is a good entry level. FB base. Around 150 due to ER.
They are not growing
If a bunch of randos knew the answer to this they would be retired...
I think blind helps us get insider perspective more often than other places. We can ignore comments from folks outside Twitter to figure out more reliable information.
Not on financials. Corporate data controls ensure you have just as much access to Groupon financials as I do. People with the specific insight (accounting dept) needed wouldn’t be sharing them on Blind for risk of prosecution.
"Is it expected to..." Come on, man, that's not how stocks work*. *Okay, sometimes it is - when irrational forces take over a large enough portion of the stock's ownership, like when Kodak jumped because blockchain.
@OP, yeah Twitter in order to get employees perspective.
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Market goes up. Market goes down.
Amazon goes up.