I was being generous with 60%. Most likely 80% with a fraction of the remaining 20% actually using it. Mostly fans of Taylor Shift I believe. That's about it. Facebook makes money #$%$-clothes, Critter doesn't. Although FB AT $250 billion is ridiculous. I wouldn't touch that either.
Mmmm. What do all these employees actually do? This Twitter experiment is a simple website where people post SPAM. Just how many employees do they need? I'm guessing 20 could do it. So they should start by getting rid of 3,880.
As in they don't exist. Now there's a business I'd feel comfortable investing in. Plus I've noticed overall on my Twitter account that new posts are way down from those who I follow. In addition, business colleagues of mine that once embraced this garbage to help generate sales and traffic to their web sites have abandoned it as its not effective and a complete waste of time.
I think its shot its wad and is spiraling down. Twitter will be among the first of the well known sites to go belly-up or close to it. I've checked around, talked to friends, my kids, neighbors and none of them really bother with it much after a while. I know my wife, daughter and mother in the past went nuts posting pics to Facebook and now they're rarely on it. And almost nobody I know uses or hardly uses Twitter, and I do know quite a few people. This one is done...stick a fork in it.
A local kid here at one of the high schools was ridiculed by his peers and also called things that Yahoo would censor just for wearing an Apple Watch to school. He was so upset, went to the office and eventually was picked up by his mother. I know this as fact as my son teaches there. So, I guess you can kiss the young market goodbye. And this is a school in an upper middle to high class town. No losers or hoods here. So.....when does the buy one - get one free sale begin?
If someone has 10,000 (or so) shares of Kornit and wants to dump it, expect the bid to drop by 15%, as it did today by one seller looking to unload 12,000.
The small pool of customers who could afford to pay insane prices for their machines are drying up. What's yet more troubling are the number of competitors who are working on machines that blow away Kornit's high-end models and will be selling them at a fraction of the cost. A few of these competitors have strong ties to large global dealer networks. There's really nowhere for Kornit to go but down as the only way they'll compete is by drastically slashing prices which isn't going to bode well for the stock.
Apple Watch is a dud and there's no other breakthrough product in the pipeline to reach an Apple store or anywhere else anytime soon. They're due for a massive fall from grace.
The only reason this garbage went public was to let insiders cash out while others hold the bag. There's no way this company could ever grow with their business model of extremely high-priced, prone to fail machines targeted to a customer base who can't afford to buy them nor justify the cost.
Its 1999 all over again. Look at Shake Shack for example, if you divide the market cap of the company by the small number of restaurants it has, it values each small burger joint at $51 million.
In an edition of Bloomberg Business Week two weeks ago, there was a monstrously long article on Musk which primarily focused on his flying saucers and a little less on the pedal cars. In fact, a childhood picture of Musk was the cover for the magazine.
The article itself was somewhat sickening as it ranks Musk right up there with Jesus Christ. I was expecting the writer of the article to proclaim he has in fact raised the dead a few times. One has to wonder how much was "paid" to have an article such as this, containing nothing but praise and the proclamation of godly status to be written. Whoever that was, if not Musk himself must own a ton of the stock.
First of all, I told you all this was going to happen. Secondly, this is why Fender Guitars decided NOT to go public years back when pushed by the investment bankers and overall slime of Wall Street as they knew they were doing okay yet don't have the bottom and top line growth to please investors. Etsy with their idiot management fell prey to the sleaze only to enrich the sleaze who wanted to turn a quick buck from destroying the company. Stupid is as stupid does and the ONLY people yet more stupid than Etsy's management are the idiots who bought this garbage. $0 bid just around the corner. I made my money immediately by dumping my IPO allocation and never looking back.
The more I research this battery thing, the more ridiculous and absurd it gets.
Yes folks, Apple isn't done yet with wearables that are virtually useless. The WSJ just reported that Apple is set to release the Apple Ring. What does it do? Well, the electronic gemstone in the center changes color with your mood. Yes, we know mood rings have been done before says Apple CEO Tim Cook, however, the Apple Ring requires an iPhone and an Apple Watch to function and needs to be charged every 12 hours.
Just wait until this garbage really crashes down to about $15. Although there are some decent dog meat bargains to be had on Alibaba Express to keep things propped up. That and those $25 Apple Watches. LMAO!