SmackMacDougal's  Instablog

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    Apr 30, 2014 12:06 PM | about stocks: TWTR

    Twitter isn't a start up. It's an eight year old firm with 34 consecutive quarters of losses! Most firms with that many consecutive quarters of losses would have been liquidated by now.

    While Twitter execs have touted 2014 Q1 year over year revs up 119%, revenues from last quarter barely grew at all, registering an on-life-support 3% ($250.5 million vs $242.68 million). Year over year revenue growth has been decelerating, falling a whopping 151% since 2011!

    Twitter is the biggest dot com swindle since the dot bomb.

    The 2014 Q1 loss is up a whopping 390% year over year ($132.36 million vs $27.03 million)!

    For those who want an accurate picture, TWITTER TO DIE WITHIN THREE YEARS, FIVE TOPS. #OUCH

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: TWTR
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