you may have some issues that require professional help. Maybe you lsot a ton of money, as all shareholders have. Point is I said something to him using the platform, I responded back to him where I disagree on his (follow the thread). Several tweeters favored the tweet, some said they watched Jack's leadership take the stock price down. We are using the platform to convey feelings.
I respect his reply even if I disagree with it. Read my psot from this morning about his interview on the BOD and Jack. Peck also made more commentary.
There are smarter people than I about the qualifications of Jack. Maybe he would be like a returning Jobs to Apple? Who knows? What I know id the mess is fixable, maybe even with Jack leading it with a revised BOD that helps, not hinders.
It is negligent at this point. The board has opened itself up to liability....The board is stuck, jammed up with members who don't own a lot of stock, don't use the product and are in the way...
Several times he said he will get his way in the end, just wait and see. He is committed to Jack as CEO.
Peck had another note out today about MAU actually being closer to 13M if they were counted right and with the new ios App you'll see them go up because until now, people could get all the tweets w/o going to twtr and now they'll have to do so. He credits jack for that.
Citi downgrade twtr today and the downgrade seems to be getting all the attention.
Several times I mentioned about the BOD needing to lawyer up. Sacca is implying the same.
since the hit off $4.50. It just does not get any better for CLF. Any advance it hit harder than the prior lows.
This is a great thread. Lot's of truth and some fiction. What is missing is the future.
Growth in Adv Rev tells you that adv have faith in the existing platform. The newer services are getting good reviews. The problem for twtr will not be in rev growth.
One dynamic CEO who is able to put all the pieces together is what turns twtr around. This is what they did right:
23. Announcing the mess at twtr at the CC allows them to start fixing the problems(denial of the problems does not allow that)
24. All the "talent" that left may not be that talented. After all, the reasons twtr failed in part is because of that talent who did not develop or evolve the product further. However, someone at twtr should explain it.
25. This BOD is a complete mess. Look at how media is hammering them of late on their ownership stake, their use of product, etc. They are saying what we've said, a disengaged BOD who does not use the product can not understand the product to actually fix the product. Plus, if they do not own the stock, what do they care?
They need a CEO now. VW will have its new CEO 2 days after firing the current CEO. They know what has to be done to fix the company. TWTR is full of failed CEO's who did not address the problems that were explained at the CC
So what is the flaw in my post?
You can ignore me. I am simply posting macro factors that impacts all materials companies unless you haven't notice this yet? You're being to simple minded if you do not think there is a link. proof is the share price. CLF still has Chinese exposures.
VW came out with a statement they will have a new CEO announced on Friday. Fire him today and hire a new one two days later. Amazing,
Is this the short term bottom?
the media is hitting this board hard of late for just that sentiment along with their lack of ownership. like a coordinated assult with a purpose..
By the looks of it as it trades, it does not appear anyone is covering either at these lows.
read my post on their twtr acct. Your emails are lost and unknown to anyone else. Your tweets to CLF IR will be visible to all to see and can not be ignored or denied like emails are. Tweer away....
the tweets are. Keep the pressure and exposure on Lg to get out in front of this mess. He won't do it willingly, maybe 100 tweets a day in full public exposre does prod him to address anything/something.
Good board of directors? They can name a new CEO by the end of the week. But the Twitter board? Nothing for months.
My reply to Sacca....
I doubt Zuck tweeted about Pope & cliamte change. He is busy kicking twtr butt at FB. Jack should do less of former/more of later.
sustainable rally because when they've bought so far, the next day they've been crushed.
I didn't say that. I said it was slowing and it has. Now keep in mind some of the manufacturing from China shifted to other lower cost countries like Vietnam.
So China may not be manufacturing as much some other place is doing now. However, I doubt those other countries will do what China did which is to build up ghost cities, which is what caused the commodity super cycle.
Manufacturing did not cause IO to rise like it did or make IO share prices rise to the level they did. So even if manufacturing stays flat (just shifts away from China), IO does not have to rise up like before.
Places like Vietnam will have to build out an infrastructure to support the manufacturing, but the levels of IO demand will be tepid compared to how China consumed it.
If you do not see this than I do not know what more to say
I wrote about this last year several times stating how their monthly numbers were declining. Some people on this board challenged it, claiming they were above 50 and growing. My argument was about the trend and the rate of decline that was happening month-over-month and said these things take awhile before they turned negative, but the course was going in a negative trend.
I also said several times they would not implement a stimi plan of any kind and if they did do once, it would be marginal. Got that one right even though it was just based on my gut not any facts.
China is a mess more than I imagined. I thought they were simply slowing as a natural element of the times. No one country can carry the world when the rest of the world is a mess, as is Europe, etc. I did not imagine a collapse as we are seeing for China.
The global economy is a fraction of its former self and this is why commodities are in the crapper and will remain there for awhile longer.