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Jack and Twitter Take $756 Million Hit to Net Worth Following Company’s Silencing of Conservative Voices — Charles V. Payne Weighs In
Thegatewaypundit.com ^ | October 30 2020 | Jim Hoft

Posted on 10/30/2020 8:56:54 AM PDT by SmokingJoe

On Friday Twitter stock took a 20 percent hit in net worth. The stock went from a high at 52.66 per share to 42.26 in the past 24 hours.

Twitter company announced Thursday it added fewer users than expected and admitted its rise in expenses would accelerate in the fourth quarter. The company has also been busy censoring conservatives and blocking unapproved facts on the coronavirus and other sensitive topics.

Charles V Payne @cvpayne This morning Jack Dorsey will take a $756 million hit to his net worth. I don't think he cares but Twitter shareholders and board of directors might.

Businesses that treats half the US population with disdain and different rules will have limited growth potential. Business 101 10:47 AM · Oct 30, 2020

(Excerpt) Read more at thegatewaypundit.com ...


TOPICS:
KEYWORDS: charlespayne; dorsey; socialmedia; stockmarket; twitter; twitterstock
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Dorsey the TWAT could very well end up as the 60's hippie he clearly wants to be. Live in a Charles Manson style commune with deranged, unwashed women with shaven heads and free sex for everybody, doing LSD all day. This CEO marlakey is clearly not his forte.
1 posted on 10/30/2020 8:56:54 AM PDT by SmokingJoe
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To: SmokingJoe

Jack don’t know Twat.


2 posted on 10/30/2020 8:59:13 AM PDT by Paladin2
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To: SmokingJoe

Worth every penny to this freak. He’s still mega rich so what’s the point.


3 posted on 10/30/2020 9:02:14 AM PDT by precisionshootist (uic)
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To: SmokingJoe

And on extremely high volume, too. 50,000,000 shares traded!


4 posted on 10/30/2020 9:07:02 AM PDT by Real Cynic No More (Make America Great. Prosecute Dems who break the law!)
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To: SmokingJoe

Not nearly enough. Shut them down until after the election for election interference. Foriegn agents working for twitter are attempting to change the outcome of the election. Send in the us marshalls and confiscate evrerything at all their offices. Close them down. Jail the leaders of this blatantly illegal condct. Deny them access to all their funds as profits from illegal activity. Finally we can use asset forfeiture against them for a change. Someone needs to take these step against all Twitter, Facebook, and Google execs. One perk is asset forfeiture should be in the trillions.


5 posted on 10/30/2020 9:11:34 AM PDT by cdpap
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To: SmokingJoe

i suggest jack buy some of those glasses with rear view mirrors as from now on he will have to be looking behind him..unintended consequences of stupidity..sleep well jack enjoy your millions...


6 posted on 10/30/2020 9:15:46 AM PDT by rolling_stone (show time...)
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To: SmokingJoe

What’s with the Rasputin look?
He’s screen ready for a movie about the leader of a cult.


7 posted on 10/30/2020 9:22:40 AM PDT by nuconvert ( Warning: Accused of being a radical militarist. Approach with caution.)
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To: SmokingJoe

bookmark


8 posted on 10/30/2020 9:24:39 AM PDT by GOP Poet (Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
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To: precisionshootist

It like Nuke power. Can be used for good or ill. Depends on who controls it:-(


9 posted on 10/30/2020 9:30:46 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: nuconvert

“What’s with the Rasputin look?”

Dude looked like he was tripping on something.


10 posted on 10/30/2020 9:36:15 AM PDT by LastDayz (A blunt and brazen Texan. I will not be assimilated.)
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To: SmokingJoe
Jack Dorsey looking all Antifa-Black Bloc...

Compare to earlier photos with emo hair style and still wear a suit jacket.

At least he won't have to change his wardrobe if he gets ousted and has to livevin a van down by the river.

11 posted on 10/30/2020 9:42:04 AM PDT by Covenantor (We are ruled...by liars who refuse them news, and by fools who can not govern. " Chesterton)
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To: Covenantor
That was when he still looked human. This is his current homeless hippie look.

12 posted on 10/30/2020 9:54:27 AM PDT by SmokingJoe
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To: SmokingJoe

Yup....the one I posted was by a professional photographer for puff piece article...got him washed up, combed out, eye drops for the redness, dry cleaned his outfit etc.

Yours show the typical homeless sun/wind burned face


13 posted on 10/30/2020 9:58:37 AM PDT by Covenantor (We are ruled...by liars who refuse them news, and by fools who can not govern. " Chesterton)
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To: SmokingJoe

They bragged about their election interference in 2016.
Apple, Twitter, Google, Instagram collude to defeat Trump
http://observer.com/2016/08/tech-companies-apple-twitter-google-and-instagram-collude-to-defeat-trump/


14 posted on 10/30/2020 11:59:35 AM PDT by tbw2
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To: SmokingJoe

Set-for-life limosine liberal, playing with people’s livelihoods. Nothing new here.


15 posted on 10/30/2020 12:04:56 PM PDT by simpson96
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Too bad it didn’t go to zero.... I’m sick of propaganda and censorship in media....


16 posted on 10/30/2020 12:52:31 PM PDT by TnTnTn
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To: SmokingJoe

Funny most people forget that Twitter was for sale at the end of the 0Bummer admin. No one wanted to buy it and they couldn’t even give it away back then. Twitter survives because of the Donald. No one wanted to buy it because it was not showing a profit. Twitter needs to go by the wayside like MySpace and Win95.


17 posted on 10/30/2020 1:40:41 PM PDT by zaxtres
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To: SmokingJoe

In May of 2016 Twitter was being traded for less than 20 dollars a share. And had bottomed out under 15 dollars in 2016. It wasn’t until Trump announced his candidacy that Twitter started rising


18 posted on 10/30/2020 1:45:04 PM PDT by zaxtres
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To: zaxtres
And for all that they have continued to actively undermine President Trump.

“The first real offer for Twitter came in 2007, when Yahoo tried to buy the nascent social network for a then-whopping $12 million. In 2008, on the eve of that year’s presidential election, Mark Zuckerberg upped the ante by offering a few hundred million for the company that he would later refer to as a “clown car that drove into a gold mine and fell in.” Ashton Kutcher tried to purchase a piece, too, while poolside in Los Angeles, naturally, as the founders of Twitter nervously sat next to Demi Moore, who was sunbathing in a black bikini. Zuckerberg came back a couple of years later for another unsuccessful overture. Former Vice President Al Gore made his informal offer after a long night in which he and a couple of co-founders got drunk on tequila at his home in the St. Regis Hotel. Google’s Larry Page made his acquisition attempt inside a Google conference room, having drawn the blinds, even though the conference room was on an upper floor, to ensure that no one could see him talking to a Twitter founder. During his tenure as the C.E.O. of Microsoft, Steve Ballmer showed interest to another Twitter founder while sitting on the porch of Bill Gates’s home. Apple even considered an investment that would give it a stake in the company.”

https://www.vanityfair.com/news/2016/10/what-the-twitter-sale-reveals-about-twitter

19 posted on 10/30/2020 2:12:20 PM PDT by SmokingJoe
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To: SmokingJoe

Twitter’s censorship made it boring.


20 posted on 10/30/2020 8:19:06 PM PDT by Arcadian Empire
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