It has no growth prospects. The left has taken it over and made it extremely clear that it’s THEIR tool. The stock is going to only keep going lower.
I agree. Twitter has "first mover" status and scale, but anyone can create a similar app that does the same thing. Participants will flee Twitter as it becomes the "unfashionable" place to play. I can't imagine what potential Musk saw in Twitter. Maybe he is just trolling or black-mailing them.
“It has no growth prospects. The left has taken it over and made it extremely clear that it’s THEIR tool. The stock is going to only keep going lower.”
Yep. If Elon is willing to spring for the cost, then a five percent stake isn’t going to be calling the shots.
Agree, unless they stop the Leftist crap, it's not a good investment, just like CNN.
twitter has never made a profit and never will. It’s full of bots and trannies that yell at each other. There’s a few legit marketing and news stuff, but it’s got the worst customer base of any company I’ve seen. If Musk backs down, I wouldn’t be surprised if the stock drops to $15 or so and stays there.