Twitter Shares Drop by 12 Percent After Company Banned Trump

Epoch Times ^ | 11 Jan 2021 | ZACHARY STIEBER

[DoughtyOne]

That didn’t register with me. Sorry...

[Alas Babylon!]

Yeah, I got it.

Even posted a thread on it!

https://freerepublic.com/focus/f-news/3924218/posts

[caww]

Numbers are just numbers unless they have money attached to them.

[doc maverick]

Who’s paying taxes to an illegitimate government?

[Bayard]

Smart people are now buying twitter because the company is stronge enough that it can silence political parties and get competitors blocked.

The time to sell is the moment deep state decides to take out Twitter.

[randita]

Wonder how Twitter usage in the USA compares to worldwide usage.

[Bayard]

Its strong enough to take out political parties and censor speech. It’s powerful enough to destroy the lively hood of its competition.

Smart people will buy its stock at discount.

[Yo-Yo]

At first blush, I cheered too, but after looking at the 12 month chart for TWTR, their 52 week low was at 20.0. They closed at 48.18 today. I doubt they are feeling any pain yet in their stock prices.

[DoughtyOne]

Would love to see it at 35% of what it’s recent high was.

[wgmalabama]

At what point do shareholders have a voice in this. Twitter is in violation of what is in their best interest. Politics over profits.

[Williams]

More needed much more.

[NautiNurse]

Shares of Twitter fell over 3% in late trading on Friday. Behold the precipitous drop.

[Finalapproach29er]

My space within 2 years.

Democrats will get bored if they can’t fight with righties.imo

[inchworm]

12% ain’t enough. They’re still makibg a huge profit margin.

[ALASKA]

We can do better than that by 5X! I just remembered a couple of Twitter accounts I need to delete.

[Archie Bunker on steroids]

I guarantee a large portion of the next round of stimulus money will go to companies such as Twitter that towed the marxist line against Trump

[CJ Wolf]

Twitters text limit 256.

[DoughtyOne]

Thanks. I appreciate the context.

[Alberta's Child]

Twitter was launched in late 2013 at almost $41/share. It has never paid a dividend. If it’s trading at even $50/share today it’s a putrid stock by any measure. Keep in mind that the stock market overall is at record highs these days.

I’ve done better in government bond investments than that dog vomit.

[jdsteel]

“12% ain’t enough. They’re still makibg a huge profit margin.”

The owner is making a lot of dough but Twitter itself is not a very profitable venture.

Check out https://ycharts.com/financials/TWTR/income_statement/quarterly
and look for “Net Income”.

It’s all based on the guess that Twitter is going to keep growing by leaps and bounds. Well, guess what; if that expectation changes the stock price crashes and so will the company. And a rich limousine liberal won’t be anymore important to their bottom line than your average Trump supporter. They need growing numbers of users and that is now in peril.