Slashdot Mirror
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.
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.
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.
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.