Citron Shits on Twitter: Shares Flushed Down Toilet

I’m actually happy that Facebook abused their power by helping elect Blonald Drumpf this past election. For years I’ve been saying the socials were bastard son of a bitches, stealing our data, spying on us like cocksuckers — just like so many of you. But the average Joe was oblivious and continued to post everything on the Facebook, like retards.

Thanks to the election of a gigantic Orange Ape, all of that has changed. A new era of angry citizens demanding that Facebook be punished for helping elect an Orange Ape is upon us.

Citron is out with a short call on Twitter, reminding people that Twitter, like Facebook, is a fucking bastard. Come to think about it, had it not been for Twitter, none of John Podesta’s salacious emails would’ve been shared by millions. If none of John’s emails were shared, then it is very likely Drumfled Stilzken would never have been rigged into office.

Citron:

Alongside Facebook and Google, Twitter is now being hauled in by Senate Judiciary Chairman Chuck Grassley (R-Iowa) to a hearing on data privacy on April 10.

Wait until the Senate finds out that:

Twitter Will Generate $400 million THIS YEAR, by just selling user data. Not advertising.

How important is Data Licensing to Twitter? The Scary Answer

In 2017, ad revenue declined to $2.11 billion from $2.25 billion in the prior year while data licensing revenue grew to $333 million from $282 million in the prior year.

TWTR CFO Ned Segal on Q4’17 earnings call last month that data licensing is “a really high margin business”. TWTR generated $333 million in data licensing revenue in 2017.

If we assume 100% margin, this segment accounts for almost 80% of total profits.

Twitter makes this money from selling user data even from private messages — and yes a lot of “dick picks”. To see the underbelly of Twitter just watch this undercover investigation done by James O’Keefe and other Project Veritas reporters.

Dynamics Are In Place to Short Twitter

Twitter’s valuation gap with FB and GOOGL has widened to largest spread ever. On 2018 P/E (ex-cash), FB and GOOGL trade @ 16-17x vs. TWTR @ 50x.

Over the last year, insiders have sold/surrendered almost $300 million of stock. The last time there was this much insider selling was in 2015 when the stock was $50 and then preceded to fall to $14 over the next year.

Short interest is at all-time lows at 4.6%

Acquisition by another party is far less likely until these companies clean house with regard to privacy concerns and selling user data.

Shares are getting REKT — down by 5%.