My book is undergoing a blitzkrieg this morning after my largest investment, Twitter, was downgraded by Morgan Stanley. Issuing the decree was a man by the name of Brian Nowak who sees fit to single handedly take on Steve Ballmer and Prince Alwaleed in the high stakes game of valuing a social media company.
Nowak spouted off big words about mobile advertising. He obfuscated the matter with acronyms. He sounded, for all intents and purposes, really fancy and better than us.
With Twitter scheduled to report earnings October 27th it won’t be long until we can see if he is right.
Twitter has been a problem child all year. There were management issues, for a while they had no CEO, and the platform is criticized for being too esoteric for the common plebeian to use. I know, eventually, it will see adoption, but then again I am optimist who thinks highly of his fellow citizen.
I am still watching Facebook today. If that stock starts moving fast to the downside my concern levels will elevate rather quickly. In the meantime I got back into BISe early on for the #TeamHillary trade.
Final note, I think Brian is the most reprehensible name in the English catalog. It looks like brain and I’d like to punch it with my fist like a cave man.
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Scuttling off to furiously click on some Twitter ads…
You go UncleBuccs! But my gut tells me that mobile ads and advertising in general are not the answer. It’s a communication platform. Dorsey needs to make some deals for deeper integration with existing platforms that do not presently have its (mercurial?) tensile strength. It should be licensed as a development platform. Can they do that now? I’ve been away from the biz too long. Like I said, It’s a gut feeling.
Steve Ballmer was the sell signal.
I hear Hindsight Capital is hiring new analysts…
I’m sure they are. However, I did not even bother to look at the puts as that is the type of stock that can take a hit and you still lose money on the puts. Sticking to index puts for now. And the occasional non-tech big cap.
I know, puts are a different universe I haven’t even begun to explore.
If you are doing good with futures, then I would avoid options. Futures are superior, but much more difficult to manage. Options work best when the market is “convulsing like a hanged man”.
Forced enterprise integration. That’s how you get more users.
TWTR’s only hope is merging with MSFT or GOOG, they can’t make it on their own.
GOOG already hashing deals with them. Lots of tweets showing up in google searches lately.