If it wasn’t a sudden move, they would have announced it during earnings call last year. You are missing what I am saying completely. If this was planned, the announcement would be that Jack is stepping down in a year, as the new CEO steps in.
Instead, the announcement is that Jack is leaving immediately, to be replaced by this person. That’s why their stock took a dump. It doesn’t matter if people inside Twitter knew. That’s not the point. The point is that institutional investors weren’t told. This is incredibly odd for a mega Corp.
If you were an institutional investor, wouldn’t you be furious? Of course you would. That’s the point I’m making. They do these things in a certain way to keep their friends from getting wrecked in the markets. In this case, which is unusual, they didn’t tell the banks.
Could be a billion reasons. Maybe he’s got lung cancer. Maybe he was planning on it but the pressure from activist investors was too much. I suspect without Trump their actual long term outlook is bleak, and that they have been hemorrhaging users for years with no real long term plans to correct it. Just like Disney, they can’t change course now anyway, because the entire company has been infected with communists.
Glad I don’t have any money in tied up in that disaster.
Apparently they didn’t tell the analysts or institutional investors ahead of time, look at the trading. This was a surprise to Wall Street.
Okay? It doesn’t seem like it was a sudden move for Twitter given that they have a plan
If it wasn’t a sudden move, they would have announced it during earnings call last year. You are missing what I am saying completely. If this was planned, the announcement would be that Jack is stepping down in a year, as the new CEO steps in.
Instead, the announcement is that Jack is leaving immediately, to be replaced by this person. That’s why their stock took a dump. It doesn’t matter if people inside Twitter knew. That’s not the point. The point is that institutional investors weren’t told. This is incredibly odd for a mega Corp.
If you were an institutional investor, wouldn’t you be furious? Of course you would. That’s the point I’m making. They do these things in a certain way to keep their friends from getting wrecked in the markets. In this case, which is unusual, they didn’t tell the banks.
Okay, so it’s not a great move from the investors perspective. I get that.
Either way, people are pretending this means he’s going to gitmo. I think that’s far fetched
Could be a billion reasons. Maybe he’s got lung cancer. Maybe he was planning on it but the pressure from activist investors was too much. I suspect without Trump their actual long term outlook is bleak, and that they have been hemorrhaging users for years with no real long term plans to correct it. Just like Disney, they can’t change course now anyway, because the entire company has been infected with communists.
Glad I don’t have any money in tied up in that disaster.