Posted on 02/10/2021 11:48:46 AM PST by yesthatjallen
Twitter announced on Wednesday its financial results for the fiscal year 2020, saying it recorded a net loss of $1.136 billion against net income a year earlier.
“2020 net loss was $1.14 billion, representing a net margin of -31 percent and diluted EPS [earnings per share – Ed.] of -$1.44. This compares to 2019 net income of $1.47 billion, representing a net margin of 42 percent and diluted EPS of $1.87.”
SNIP
(Excerpt) Read more at investmentwatchblog.com ...
Google, on the other hand is a juggernaut. I could make a plumber or a contractor rich in a year (in the right location) just off google ads. It’s that powerful.
But do you chirp?
Amazon has also never turned a true profit. All speculative value.
Twitter is selling you. When something is free, you are the product being sold.
It’s not enough.
The stockholders need to scream for heads to roll across Woke Twatter!
Roll’em!!
They USED to make money. Lots of it too.
The stockholders screamed before and sacked Dorsey, only to bring him back to wreck the company a second time. Go figure.
Amazon makes oodles of cash. They are simply rolling in money.
https://www.cnbc.com/2021/02/02/amazon-amzn-earnings-q4-2020.html
Get Woke - Go Broke
Gab is totally financed by their users/members. And they hit their financial targets every single month. Most of their users are true believers and strong conservatives. That way, Gab can’t e canceled by anybody. https://gab.com
Such good news!
Good. I hope their ratty beard CEO goes bankrupt.
A dead cat bounce is a brief recovery in the price of a stock that’s been on a serious decline. Twitter hit an all-time high today and has been trending upward for a while. Dorsey’s a leftist activist prick, but that’s another matter.
Here’s why it skyrocketed today:
https://www.google.com/amp/s/www.fool.com/amp/investing/2021/02/10/why-twitter-stock-jumped-today/
Time to short Twitter.
Folks are assuming Twitter exists to make money.
I wouldn’t make that assumption.
I’m dumping this POS site.
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