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Twitter Is 'Toast' and the Stock Is Not Even Worth $10, Says Analyst (cnbc.com)
Twitter is "toast" as a company and the stock is not even worth $10, according to a research note published Tuesday, following the departure of another top executive at the social media service. From a report on CNBC: The microblogging platform's chief technology officer, Adam Messinger, tweeted that he would leave the company and "take some time off", while Josh McFarland, vice president of product at Twitter, also said he was exiting the company. Both executives announced their departure on Tuesday. Meanwhile, last month, Adam Bain stepped down as chief operating officer last month to be replaced by chief financial officer Anthony Noto, who has yet to be replaced. Twitter has also lost leaders from business development, media and commerce, media partnerships, human resources, and engineering this year. The departures prompted Trip Chowdhry, the managing director of equity research at Global Equities Research, and a noted "uber-bear" on tech stocks, to issue a note on Tuesday claiming Twitter is "toast" and "not even a $10 stock." "Many investors were foolishly building (an) investment thesis based on complete stupidity," Chowdhry wrote. The analyst said that Twitter's data quality is "horrible". Chowdhry said that many pollsters used Twitter data to predict a Hillary Clinton win in the U.S. election but the fact that Donald Trump won shows that data quality is poor. One reason for this is too many fake users on the platform, Chowdhry claims.
Well, if you capitalize TYRANT and all, then it has to be true. Now excuse me, I'm going to go eat an ICE CREAM CONE.
I say this as a non-user, so I acknowledge that I might be ignorant on the subject. But...
I never understood how/why Twitter (or really any messaging platform/app) is a business. I mean, tweeting does actually seem like a useful tool for certain communication needs, but I don't understand why it's handled through a single service. Why isn't the tweet simply a protocol, like email? People would then just build different clients/apps/platforms that utilize that protocol, just like we do with email.
I have messed around with data mining tweets for sporting events and no matter how I sliced and diced the info it is hard to get anything of value. A high profile event like the SuperBowl will generate tens of thousands of tweets in a 2 hour span. After you filter out all the words like "the", "it", "shit" and "fuck" etc etc etc its just pile of steaming crap. It was fun to fool around with but it was hard to gauge anything from it. Only 1 to 2% of users actually share their geo coordinates. The location field is a mess of "NEW YORK", "NYC", "big apple" and that sort of thing. You could clearly see increased spikes after big plays...but no shit...people are excited so the frequency chart spikes after a touchdown...do tell. I have tried using it to gauge sentiment in my home town on various issues....absolutely worthless.. although some of that might be just me as well.
It's funny that you call it segregation. Most users call it freedom to move to greener pastures.
From your self-righteous perspective you might think those "evil bigots" are corralling themselves away somewhere to wither, but in reality, they are flourishing. Brexit, Trump, it will keep happening. They don't need twitter. And when they return, online or in the real world, they will be far more organized and powerful then you ever expected, because you were too stupid and deluded in your little safe space to realize they were growing.
Nationalism is on the rise. Self-destructive political correctness and surrender to foreigners is being challenged more and more every day. The mainstream media, and the sheep who believe them and their cries of fake news will not enjoy control forever. Misandry, anti-white racism, heterophobia, cisphobia, "born-this-way perversions", Islamophilia and Marxism will end as a result of your blind hubris.
True freedom and decency will rise again.
Hahaha you wish, your sad little movement is already fracturing and crumbling and retreating into the bunkers, Austria was the beginning of the end for you, expect defeat in France. The alt-right cracked apart on the "heil heard 'round the world" when all the dumb sheep that were blindly following you finally realized that they were indeed being led around by a bunch of neo-nazis, and when it becomes clear that Trump tossed all your promises like a used kleenex the minute he got what he wanted out of them (Lock up Hillary? Drain the swamp? Build a wall? Seeing a pattern? Where's that Muslim ban? You elected a corporatist first and foremost) it will finish off the movement in the US.
You see, the good news is that it turns out the alt-right actually aren't the new nazis, they're the new KKK, destined to soon be just some frustrated men having sad little meetings and committing the occasional hate crime.
Nationalism will not simply be marginalized for another 70 years, but will probably be put in the dustbin of history for good, as a concept it's increasingly obsolete and unworkable in today's world, as the UK is discovering.
"When information is power, privacy is freedom" - Jah-Wren Ryel
Most of the power of the alt-right actually comes from liberals running away from the social justice insanity, and as soon this liberals find some good footing, both alt-right and control-left are screwed beyond imagination.
I imagine the alt rights will indeed go the KKK way, while the control left will shrink and get more and more insane at a point they will became an actual terrorist group.