Every rally needs a “tell”. Apple and Disney are fine but if you want to check the Animal Spirits of the market look to the beaten down crap.
Here’s a chart of Twitter, FitBit, GoPro and Shake Shack over the last 5 days. Don’t enlarge it in front of the children unless you want them to have night terrors for 60 years.
4 stocks that lived and are now dying by hope. In a screaming, stupid, straight-up 10% face-ripping rally you’d want to own at least a few of these.
Here’s those same 4-stocks as of 8:14 hippie-time:
All way off where they opened. GoPro is a rat-infested pit of despair. You couldn’t sell enough GoPro to bid for the Silence of the Lambs house without dropping GoPro 10%. there is no demand.
That’s both rational and a warning sign for this bounce. Don’t be piggy.
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TWTR is best in breed amongst the cesspool of pig droppings
I really like TWTR and I own the stock. I’ve lost 51.25%.
As a stock it’s only as good as the monetizing visionaries who have a say in the development and deployment. Let’s not forget the PR Marketing wizguys who can increase its popularity and convince people to own the stock no matter what the fundamentals and projections.
Are they licensing it as a development platform to be used like StockTwits? Are there any other applications based on the Twitter platform? Just read there is @CityFALCON which I never heard of until now – – it is also financial oriented.
Geez, this is from 2009 http://on.tcrn.ch/l/a8r3 via @techcrunch and I never heard of them except for TwitPic. Kids use Snapchat.
I’m not even sure StockTwits has any benefit to me. Twitter reported 1.4 billion in revenue for 2014.
SMS has been around forever (remember pagers and Barbie laptops). You can send Text Messages on your mobile. I just don’t know.
FB lost my trust a long time ago with too many errors and changes around privacy.
Zuckerberg strikes me as too odd, maybe a little fascist, even though he tries to appear normal.
Hahaha… you’re one funny guy!
Hat tip!
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… that “adorable” cover pic may just dissuade me of the possibility of pork in any future meal plans !
Thank you very much, Sir !!!
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