When Twitter went public, like so many people, I jumped on board with purchasing some stock. I was thinking long term investment but soon after I purchased, the stock dropped like a stone in a muddy pond. Since then, I have been watching Twitter and its user base for a while.
Some research points to short interest investors. Basically, people buying the stock with the hopes to turn it around sell at a profit, in a very short timeline. Some speculate this is due the millennials generations short attention span.
One of the craziest things I have seen is the amount of users that have disappeared. As seen in the Image above, Twitter dropped from over 400 million monthly users to under 100 million users. Why is this the case? Some say, after the Golden Globes selfie, people started ‘bailing ship”. Why you ask? I have no clue and I have not been able to find and real information on this. Ellen Selfie
For now, I sit with my bargain basement stock and wonder, “Is it even worth keeping?” If I decide to sell now (at a loss) and the price goes back up, I would be pretty frustrated and angry. If I sit on the stock and eventually Twitter goes the way of MySpace, I lose out on the money and I am still frustrated and angry. This feels like there is no way for me to win. For now I have taken the stance of, “wait and see” because either way I lose. Waiting, at least, gives me the illusion that one day I’ll win.
For now, I just keep encouraging everyone to use Twitter. Is this selfish? Yes, but I don’t care. There are tons of people that will lose out on their money and if encouraging people to use Twitter helps, so be it.
Special thanks to Amigo Bulls for the information and research on this topic.
Some research points to short interest investors. Basically, people buying the stock with the hopes to turn it around sell at a profit, in a very short timeline. Some speculate this is due the millennials generations short attention span.
One of the craziest things I have seen is the amount of users that have disappeared. As seen in the Image above, Twitter dropped from over 400 million monthly users to under 100 million users. Why is this the case? Some say, after the Golden Globes selfie, people started ‘bailing ship”. Why you ask? I have no clue and I have not been able to find and real information on this. Ellen Selfie
For now, I sit with my bargain basement stock and wonder, “Is it even worth keeping?” If I decide to sell now (at a loss) and the price goes back up, I would be pretty frustrated and angry. If I sit on the stock and eventually Twitter goes the way of MySpace, I lose out on the money and I am still frustrated and angry. This feels like there is no way for me to win. For now I have taken the stance of, “wait and see” because either way I lose. Waiting, at least, gives me the illusion that one day I’ll win.
For now, I just keep encouraging everyone to use Twitter. Is this selfish? Yes, but I don’t care. There are tons of people that will lose out on their money and if encouraging people to use Twitter helps, so be it.
Special thanks to Amigo Bulls for the information and research on this topic.
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