is Twitter a Deal at $32 bucks a share?



The news is out. Social media giant Twitter isn't banking like they used to. With new products, promoted tweets, and celebrity backing, the site still has lost its mojo. In the recent corp meeting, the leader and CFO advised that the stock is selling at 11% of its value - now trading at $32.41, a new 52-week low. Business Insider has an info graphic explaining the cause of the stock price fall, and its pretty agreeable But this company isn't Myspace and I don't think their day is done just yet. If there is one thing the #hashtag has taught me, its that you don't mess with the power of twitter followers. They are 1 upgrade from a comeback. 

But what do I know. A few years ago, I would have banked on the newest MVNO to take over Solavei. They were Boost Mobile but so much more. On paper at least. With former T-Mobile CEO Sue Nokes in the fold, they seemed to have the right team to get their product moving. If you asked me then, Solavei would be running this mobile shit by now. Instead, they are bankrupt and probably never going public and very likely to be defunct by the end of the year. Now I wonder if Twitters early IPO evaluation is doing  harm. After all, its rare for technology companies to come up with drastically different products that become successful with the same magnanimity sans Apple. And let's be real, that's just American consumerism. If I remember, Twitter failed to purchase Instagram, losing to Facebook, and are likely going to be sold by this time next year. I bet Facebook bids 300 million early on. 

So when do we buy in? The number of registered users alone should keep this company valued above $15 a share. The tech boom standby,  AOL, is floating at 49.99  an ounce, strictly off deceased members who have yet to cancel their DSL lines. On the other hand, Myspace is dead as a doorknob.  Once valued at 500 million, Myspace was sold in 2012 by News Corp for $35 million. I bet a few dope dealers could have caught that.

So what price are you going to by Twitter? Is it worth considering now at $30? If I put 300 in, I be it would get back 1000 in 3 years max. This stock will find a way to soar.

Then again....most of my twitter followers were bots or friends of people I followed or vice versa. So maybe this shit is not worth a sawbuck.

Ryan Mega (invests in a 401 K and buys 1 stock a year. The rest of my money is buried in the backyard. D'oh!)

AMERICAN GRADE AMERICAN MADE SEXDRUGSMONEY RYAN MEGA

AMERICAN GRADE AMERICAN MADE SEXDRUGSMONEY RYAN MEGA