Hey guys, just wanted to remind you that dot com bubble 2.0 is upon us so feel free to sell off all your FANG shit and panic. Alright, that's all I've got, take it easy!
You know, now that I think about it, I DO have an actual question:
How come LinkedIn and Tableau can send out earnings forecasts that aren't great and their value gets fucking TORCHED, but worthless shit like Twitter reports that it's even more worthless before and no one bats an eyelash?
Twitter is something I've noticed a bunch of fucking moron teenagers use. The vest thing to happen was for me to buy these contracts for a strike at $14 on TWTR because twitter is one of those cyclical technologies that disappear with the generations maturity.
Because it's main income stream is selling user data to the NSA and GCHQ via Palantirs PRISM program
>Twitter declining in users
It can't happen fast enough.
I wish we could go back to the days when you wouldn't see tweets ticking along the bottom of the screen for a tv show (like the Price is Right).
Good thing I started my position yesterday. Will average it out for the next few months, if price keeps low.
They have been putting about 80% of their cash into short term investments. Quarterly revenue has been growing, and quarterly operating expenses have been dropping.
Though, they do have like a 90% float with a 10% short interest. They went public and are using the shareholders equity to invest in infrastructure and other short term investments.
The real question (if this is the beginning of a trend) is where the users are going? This happened with MySpace to Facebook. Then Facebook to Twitter. Then there was branches to Instagram, etc.
If you found where the users are going, could be a huge new investment.
Look at Twitter's stock and all of their previous earnings reports. Look at the company and its business model.
Twitter is a propaganda tool. It's not designed to make a profit.
As the guy above said, it exists solely to mine data to the government.
To nowhere, people are tired of social media and have realize that no one cares about what you think or post. Facebook is dead, twitter is dead.
Everyone is using snapchat and instagram and even those are starting to die off.
You always have to look at what 18 year old girls are using- if they're using it, everyone else will start using it soon too.
The girls I've talked to, most of them have twitter,facebook,snapchat, instagram but they only use instagram.
And they use instagram "sometimes" or "less and less"
Do the market research. Chat up girls wearing a suit.
The information is important. You can also sometimes get laid.
I've been shorting twitter, facebook, for a long long time simply because the girls I've talked to have said they've stopped using it.
And now, I reap the rewards.