Posted on 01/11/2021 6:11:46 AM PST by Helicondelta
Twitter stock down more than 8% in premarket trading
Friendly reminder the stock was at all time lows in 2016 before Trump won
(Excerpt) Read more at mobile.twitter.com ...
It must go down further. I deleted it.
And it’s inconvenient but cancel Apple use, Amazon and any Amazon credit card, Facebook.
Turn them into far less profitable leftist echo chambers.
Will be selling my GOOG and GOOGL today. Thanks for the 1000% profit! Sold FB at 300 last month, with cost basis in the 60s. Twitter...not so good. Sold at 30 after dropped from 50. Offset capital gains.
Dropped mine too...let’s see a 20% drop.
Dang, it went back up 2% from an earlier post. 🚽
Canceled Amazon Prime this morning.
It will go lower but the board of directors (aka corporate politburo) really doesn’t care. The stockholders don’t matter, they are mere chumps. What matters is being in good graces with the Party by carrying out their commands.
Someone pointed out on another thread that Twitter launched its IPO at $40 six years ago and was practically out of business before Trump made it a core element of his campaign in 2016. It's now at $50.
If you had invested $40.00 in low-yield government bonds in 2014 instead of buying Twitter stock, you'd be at around $45.00 right now.
Like I said ... Twitter has been an awful investment by any objective measure.
Sold Amzn last week after a real good run. It’s down today too. I sold FB after holding it briefly and made some money but Zuckerberg is too much of a scumbag for me to invest in his company. I’ve been out of Google for months. No way I’d invest in Twitter. These companies don’t serve their customers or their shareholders, they serve the state. This is the definition of fascism. The state spent the past 4 years beating them with a stick. Look for the fascists to offer the carrots now.
Twitter doesn’t care if they lose a big chunk. They still have many billions in the bank. Plus, they know they’ll be coddled and rewarded by the new communist government taking power in 9 days.
This is statism i.e. fascism. The corporations are dominated by the state such that they serve the state above all else. That is the definition of the fascist economic model.
FB is safe due to the vanity of the masses.
I heard a year or two ago that FB was being abandoned by young people for the NNT (Next New Thing).
Deleted my account today.
I feel better already
I don’t think large $$$ profits matter to these thugs. Control/power is their profit.
Remove your credit cards from the list of payment options. They WILL just go ahead and charge you for your Prime renewal using one of the cards. Trust me. Went round and round about this with them.
Is it just me or does Jack Dorsey go out of his way to look like Rasputin?
Thanks!
And it’s inconvenient but cancel Apple use, Amazon and any Amazon credit card, Facebook.
Turn them into far less profitable leftist echo chambers.
Amazon can be used as a very good store search engine. You just go to the company direct and buy from them. THat is what i do. Also with a VPN in jepip they really can’t track much of what i do. Once you establish a few good vendors for stuff you go back to them for your stuff. Walmart has some free shipping. Bolt Depot for bolts. Tools from direct manufacturers. etc.
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