by winston » Sat Nov 07, 2015 10:30 am
7 Toxic Stocks to Avoid in Retirement: Twitter Inc (TWTR)
YTD Return: -21%
Last but not least, you don’t want Twitter (TWTR) infesting your retirement account. While co-founder, dual CEO and all-around golden boy Jack Dorsey is back calling the shots, even he may not be able to stem Twitter’s systemic issues.
Namely, TWTR doesn’t make money. Its user growth is horrendous, and getting worse.
And its revenue guidance for the fourth quarter was so bad that shares plunged more than 12% in a matter of minutes after the projections were announced in late October.
Monthly active users, a key metric for the company, barely advanced in Q3 from Q2, increasing from 316 million to 320 million.
What’s arguably more pitiful is that Twitter believes several recent, trivial changes could ignite user growth.
Twitter “Moments” debuted shortly after Dorsey was crowned permanent CEO, and seeing as the company is taking out convoluted TV spots to advertise the service, it’s betting pretty heavily that will change things.
It’s also changing star-shaped favorites to heart-shaped likes, and allowing users to create polls.
Wow. How very revolutionary.
I’m kidding. It’s desperate. Twitter stock is still a dog with fleas, and until it starts turning a regular profit and attracting a lot more users, it should remain in the doghouse.
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"