Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

Twitter (TWTR) Earnings Shocker- Chart Goes Boom!

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

The earnings shocker today comes from none other than Twitter:

Liquidity moves markets!

Follow the money. Find the profits! 

Here is the entire history of the company (I am typing this before the opening bell, so today’s catastrophic bar isn’t included):

A few interesting tidbits:

  • Since its IPO six long years ago, the company has lost about 40% of its value;
  • Since its lifetime high (not that long after its IPO), it is down about 60%;
  • Today’s price will be the same as it was half a decade ago

Personally, I use Twitter constantly, but I’ve never understood their business model. Indeed, I can’t recall ever seeing a single ad on their platform. Not even once.

The company is blaming its woes on a software bug in its advertising platform. Sort of like Boeing blamed their troubles on bad software. Oh, sure, blame the software guys! Anyway, there are some very shocked, very happy deep OTM put owners out there today.

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.