Trading the stockmarket (NO Referrals)

dowie said:
Saudi not keen on Elon's twitter bid, Elon being his usual self re: Saudi:
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If Elon really cared for free speech he could just fund his own decentralised social media platform instead of buying Twitter but most of us all realise by now Elon likes to use his do gooder guise for his own selfish gains
 
Minusorange said:
If Elon really cared for free speech he could just fund his own decentralised social media platform instead of buying Twitter but most of us all realise by now Elon likes to use his do gooder guise for his own selfish gains
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Not really, look at how successful the various attempts by others have been so far. Or indeed look at google's social media attempts, even with considerable resources it's not as simple as just building your own.

Even Facebook, which had obvious experience in this area, still ended up paying billions for WhatsApp and Instagram despite first attempting to build Facebook Camera and promote Facebook messenger. So that's a company with money, resources and an existing huge social media userbase yet which still found buying up existing firms to be valuable.
 
Minusorange said:
If Elon really cared for free speech he could just fund his own decentralised social media platform instead of buying Twitter but most of us all realise by now Elon likes to use his do gooder guise for his own selfish gains
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Nothing is that simple, especially when you are trying to compete with a business that is almost entirely based on its user base and not a product. You couldn't produce a "better twitter" and just steal all of its customers.

People also underestimate how much tech there is behind the scenes to make these social media platforms work. Twitter is super simple at its core but will still have a really complex architecture to deal with the sheer number of users.
 
dowie said:
Not really, look at how successful the various attempts by others have been so far. Or indeed look at google's social media attempts, even with considerable resources it's not as simple as just building your own.

Even Facebook, which had obvious experience in this area, still ended up paying billions for WhatsApp and Instagram despite first attempting to build Facebook Camera and promote Facebook messenger. So that's a company with money, resources and an existing huge social media userbase yet which still found buying up existing firms to be valuable.
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fez said:
Nothing is that simple, especially when you are trying to compete with a business that is almost entirely based on its user base and not a product. You couldn't produce a "better twitter" and just steal all of its customers.

People also underestimate how much tech there is behind the scenes to make these social media platforms work. Twitter is super simple at its core but will still have a really complex architecture to deal with the sheer number of users.
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No it's because there isn't really a market for it, not because it's difficult, the majority of people using social don't care about things like free speech until they are directly affected and most won't be affected because they don't break any rules that would result in that so they will use what already works and they're used to

Elon doesn't care about free speech, it's just a guise he can use to look the good guy to his cult when it's really control of Twitter he actually wants
 
Minusorange said:
No it's because there isn't really a market for it, not because it's difficult, the majority of people using social don't care about things like free speech until they are directly affected and most won't be affected because they don't break any rules that would result in that so they will use what already works and they're used to

Elon doesn't care about free speech, it's just a guise he can use to look the good guy to his cult when it's really control of Twitter he actually wants
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That makes no sense, if there wasn't a market for it then Twitter wouldn't exist. Elon isn't necessarily trying to create some Gab or similar, he's trying to buy Twitter and make a few changes to make it a better platform and presumably a more profitable one too.
 
dowie said:
That makes no sense, if there wasn't a market for it then Twitter wouldn't exist. Elon isn't necessarily trying to create some Gab or similar, he's trying to buy Twitter and make a few changes to make it a better platform and presumably a more profitable one too.
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The market is satisfied with what is already on offer, so there's no market for anything else really apart from the niche fringes from those Twitter considers too extreme to be on their platform, but if it was really about freedom of speech, that surely wouldn't stop Elon the altruist, but we know the reality, Elon does what serves Elon not what serves everyone else even if he does it under the guise of serving everyone else
 
Minusorange said:
The market is satisfied with what is already on offer, so there's no market for anything else really
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But what is on offer is what Elon is trying to buy! That claim also completely undermines this point...

Minusorange said:
If Elon really cared for free speech he could just fund his own decentralised social media platform instead of buying Twitter
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... which I've already pointed out is flawed and gave obvious examples of the buyouts of existing social media companies vs people (with ample resources - google/facebook) failing at trying to make their own versions.

The market is satisfied with what is on offer isn't completely the case, if it were then why would twitter tweak policies over time or invest in new development, that only demonstrates a lack of foresight. Again though I doubt Elon is looking to simply but twitter and change it into Gab, I suspect he might want to tweak some policies a bit, review the algo etc.. and will look at adding some more monetisation.

Likewise, Instagram and whatsapp didn't vanish after facebook took over, they grew in size. That there was alread a market for them and that competing directly with them would be hard didn't prevent improvements from being made and growth from occuring after buying them.
 
Minusorange said:
I refuse to enter the Dowie hole today sorry
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That's a cop-out here tbh... your claims have simply been objected to with clear reasoning and some examples. If you don't want to engage in discussion re: the takeover attempt of TWTR then don't, throwing in silly comments because you don't like having statements challenged or disagreed with isn't constructive in a thread like this.
 
dowie said:
That's a cop-out here tbh... your claims have simply been objected to with clear reasoning and some examples. If you don't want to engage in discussion re: the takeover attempt of TWTR then don't, throwing in silly comments because you don't like having statements challenged or disagreed with isn't constructive in a thread like this.
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I've said all I want on the matter, I don't agree with your statement, nothing further to add so no point carrying on the conversation is there
 
Minusorange said:
I've said all I want on the matter, I don't agree with your statement, nothing further to add so no point carrying on the conversation is there
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I was simply objecting to you throwing in the childish comment you did. If you're going to reply to me then please address the points I've made or this is pointless.

I know it's GD but this thread is supposed to be a relatively serious one - the thread is to discuss the stock market, news relating to it etc.. if you don't want to do/aren't capable of doing that then other responses are pointless.

Terminal_Boy said:
All entirely legit as he’s made his position clear and public.
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Exactly, I don't think he understands what a "pump and dump" is, this is/was a legit offer that he is capable of following through with if the board were to approve of it, unfortunately, it seems they're trying to go with a poison pill approach.

We might well see some shareholders trying to sue the board here or perhaps overthrow some board members if they're particularly miffed (I'm not sure they can sack them all at once).

IF Elon is properly thwarted by their recent move though then he might well sell, that doesn't necessarily mean he's going to have made much (or anything from this).
 
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I was under the impression that it was a board of directors fiduciary duty to give the shareholders the best return on their investment. Of course, Twitter investors seem to want control of social media more than they want to make money.

A Class Action lawsuit might be on the cards if Twitter’s BoD decline and the stock price tanks. The SEC might even decide to have a look at what’s going on as well.
 
WSB, does anyone actually believe anything posted in there, I imagine the signal to noise ratio is ridiculous..

That said, £350 I have in my account, where should I put it lol
 
Ugh I always forget about shorting. Never done it. I was sure netflix would fall this time. But didn't know results were being released.

Need to keep on top of this stuff.

Tbh I'm surprised the market didn't see it comimg. Its all over the news etc people cutting subscriptions

I love netflix but I'm even thinking of cutting it due to content running out
 
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