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antithesis
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Posted 2:19 pm, 02/04/2021
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They just broke their own record, hitting $56.27... so it's now at a 1 year high.
I just think that the doublethink is interesting, Marie. You surmised that Twitter's value went down because they banned Trump. Well, now it's at a record high, and Trump is still gone. How do you explain that? Do you think Jack Dorsey regrets banning Trump?
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Acumen
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Posted 1:57 pm, 02/04/2021
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I am so hornored. Just about every post becomes about me. 
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MarieLaveau
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Posted 1:53 pm, 02/04/2021
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I mean someone overseas Acumen, you were in atleast one branch of the Military at that time wasn't ya??? 
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MarieLaveau
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Posted 1:46 pm, 02/04/2021
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WOW!!! What a delight that would have been for someone.... 
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Acumen
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Posted 1:41 pm, 02/04/2021
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Is it just about the money? How capitalist of you. I wish you would have told me 50 years ago. It would be my ask you all would be kissing.
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dale61
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Posted 1:35 pm, 02/04/2021
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Praying thy go broke 
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MarieLaveau
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Posted 1:33 pm, 02/04/2021
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Whatever you say anti, if i "bragged" about it it's more than i know about... Maybe you should join CNN or some other news outlet???? 
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antithesis
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Posted 1:11 pm, 02/04/2021
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I don't own any stock in social media, I think that the whole concept is flawed... it's value is based on public perception instead of anything real. That means that any of them can drop like a rock without warning, much like MySpace did.
All of my private stock is invested in the medical field.
But for a short term investor? They could have made a lot of money in the last 2 weeks...
You're the one that wanted to brag about Twitter's stock going down... their highest point in the last year was $56.11, and today they hit $55.62. So they're on track to break their own record.
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MarieLaveau
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Posted 12:46 pm, 02/04/2021
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Hey anti, just how much did you buy since you were so confident??
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antithesis
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Posted 11:36 am, 02/04/2021
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If you took my advice and bought it 2 weeks ago, your money would have gone up by about 25%.
Your hypothetical person that bought 5,000 shares on November 24? They profited $51,500 in the last 2 weeks.
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antithesis
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Posted 8:31 pm, 01/19/2021
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UNLESS they just happened to be unlucky enough to have bought it after November 24, and were forced to sell it on or before January 15. If they just happened to meet that exact condition then they lost up to $8 a share, but the wide majority of shareholders haven't lost anything.
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MarieLaveau
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Posted 8:11 pm, 01/19/2021
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Sooo, nobody has Lost nothing?? That's great to hear, took 2 hours to figure it out but still good news......
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antithesis
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Posted 8:00 pm, 01/19/2021
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You just don't read what I say, do you? The relevance to November 24:
Twitter closed at $45.18 on Friday, January 15. That's essentially the same place it was on November 24, when it closed at $45.23. So if your hypothetical person bought 5,000 shares of Twitter on November 24 (which is what you said, not me), which would have cost $226,150, then had a tragedy and HAD to sell it all on January 15, then they lost $250. That's all... they paid $226,150 and sold it for $225,900, losing $250 on the deal.
If they bought it on just 1 day earlier on November 23 for $44.94, and then had a tragedy and HAD to sell it all on January 15, they still profited $1,450.
If they bought it on November 24 for $45.18, had a tragedy that they had to sell it all, but they were able to hold on just 4 more days until January 19, they profited $3,750.
I know you're not going to read that because it's not a meme or a tabloid headline. The whole point is trying to explain that nobody lost money, unless they just happened to meet the criteria that they bought Twitter stock AFTER November 24 and then had some tragedy where they HAD to sell it last week.
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MarieLaveau
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Posted 6:00 pm, 01/19/2021
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anti are you Hung up on the date 11-24-2020? Maybe you can Google and find out what has transpired in any fashion from then to now, this is 01-19 2021 i think.... Anything interesting you may find be Sure to Copy and Paste for all to read/see..
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antithesis
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Posted 5:42 pm, 01/19/2021
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Now anti, that response makes about as much sense as the frog with wings.. Sure, it wouldn't be bumping it's arse as much if it could fly, yet many people have problems, maybe like losing Two family members in an accident, accidentally their dwelling burns.. So, two have to be buried and seek for a new dwelling.. Hypothetical, but i'm sure it's happened a many of times.
I'm sure that the hypothetical situation you described exists somewhere, sure. But has it happened since November 24, and to someone that just happened to have exclusively bought Twitter stock?
Here's an interesting twist for you... Twitter stock dropped after Trump used it to "provoke a deadly Capitol riot" (quote from GOP leader Mitch McConnell) on January 6.It's true... Twitter banned Trump on January 8, but their stock started to drop on January 5! On January 4 it was $54.52, then on January 5 it was $53.88, and by January 8 it was $51.48.
It makes no sense to blame the drop on them banning Trump, when the drop began 3 days before that  It's more reasonable to say that businesses stopped advertising with Twitter because of Trump, so they reacted before more damage could be done.
Today they went up in value, and closed at $45.93. So the rebound is already in swing.
I wonder what happened in October, when their stock dropped from $52.43 to $41.36 overnight? It took 5 weeks to recover from that one.
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Jimbojolly
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Posted 8:17 am, 01/19/2021
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All said and done, we can all thank Trump's lies and inciteful claims on Twitter and to the media for this precedent to be set.
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Jimbojolly
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Posted 8:11 am, 01/19/2021
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"The right decision" is how Twitter CEO Jack Dorsey characterized banning President Trump from the social media platform. But he lamented that the move was divisive and sets a precedent that Dorsey said is dangerous to a "free and open global internet." In his 13-tweet thread, Dorsey said the "offline harm" posed by Trump's tweets drove the company to kick the president off of Twitter. Twitter's Jack Dorsey Worries About Precedent Of Banning Trump : NPR
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MarieLaveau
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Posted 7:18 am, 01/19/2021
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That wasn't what Jack said, he stated, "He regretted doing it and may pay in the long run" and financial experts said "Don't seek to purchase Any Twittler stock at this time".....
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Jimbojolly
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Posted 7:09 am, 01/19/2021
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Twitter was founded in 2006. As much as you're getting wet over the owner losing money, I doubt he regrets his decision, and I'd wager that he enjoyed banning Trump and his lies.
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