Poor Jack, blamed a bug in his software for ad revenue issues. Maybe Twitter got the FarQ you treatment!
https://www.breitbart.com/tech/2019/10/24/twitter-shares-plummet-after-earnings-miss-company-blames-ad-bugs/
Twitter’s stock plunged Thursday after the social media giant reported third-quarter earnings and revenue that missed expectations, with executives blaming advertising platform glitches that hurt its ability to target users.
Shares of Twitter plummeted more than 19 percent during trading Thursday. The company posted earnings per share of 17 cents, falling short of the 20 cents that was expected by Wall Street analysts. Revenue for the period was $823.7 million, versus the $874 million expected.
For the third quarter, “we discovered, and took steps to remediate bugs that primarily affected our legacy Mobile Application Promotion (MAP) product, impacting our ability to target ads and share data with measurement and ad partners,” Twitter said in its letter to shareholders.
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[–] sane 0 points 1 point 1 point (+1|-0) ago (edited ago)
I never had the guts to use Q to make decisions, but a few 2016 Q posts were tempting. i am too gutless. I think the BEST biggest IPOs that panned out were shitty overvalued (to me) crap that WOMEN kept chatting about all the time. day time talk show educated WOMEN friends of wife. Basically... NEVER rely on logic or sanity or reason when picking stocks mid-long-term. I should always buy what unskilled women chat about.
Before the bell trade (4:00AM allowed now), will have enough active players to avoid scalp-age from unconscionable bid-ask spread range tricks. I still think its best to see with own eyes a upswing START, and then drop in a market order into the feeding frenzy, just in case the dead cat bounce never happens at all. That way, by sticking to guns, you increase odds of catching most real dead cat bounces, and your order gets filled.
My 4 biggest slaughters on bad dead cats, were when companies issued material news that further spooked the stock. Man did I get a few ass poundings , but MOST dead cat bounces worked. MOST.
[–] Blacksmith21 ago
Yeah, well it didn't work out so great for me, so don't feel bad LOL. Although you can pick up steel and aluminum stocks real cheap now.
[–] sane 0 points 1 point 1 point (+1|-0) ago
The bounce up started seconds ago, but its frothy and volume is unreal. I think billions of dollars are being unloaded , killing any apparent bounce.
30.67 and climbing 9:44 am... I wonder what will happen because it is a friday, not a normal day, and no normal person wants this turd over a weekend, when anything can happen in the news.