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The Greater Idiots Are Saved: TWTR(Q) Changes Its Ticker

Tyler Durden's picture




 

While until today the only way to save the greater idiots from themselves was to halt the trading of Twitter-lookalike stock ticker TWTRQ, the decision has been made by the exchange (we assume in coordination with the company itself) to change the ticker symbol to THEGQ. There is no statement from either the exchange or the company to clarify the reasoning (for now) but given the "investing" public's interest in the company, we can only imagine the demand when the stock re-opens.

 

 

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Tue, 10/08/2013 - 09:40 | 4033509 Devotional
Devotional's picture

who needs to watch a comedy when we have this?

Tue, 10/08/2013 - 09:45 | 4033529 NoDebt
NoDebt's picture

The original story a couple days ago I circulated to a few friends (which I do only in extremely rare instances)... it absolutely went 'viral' on me.  Everyone loved it, everyone fell out of their chair reading it, got passed around all over the place.

Now they send me articles they think I'll enjoy (which I don't).  Shot myself in the foot again.

Tue, 10/08/2013 - 09:48 | 4033545 Zer0head
Zer0head's picture

so that means that for the  TWTR inc IPO the symbol will be THEGQ

doesn't make sense, they should have just changed the symbol on the fake TWTRQ company to that

but I guess in the land of TWTR it's difficult to tell the fakes from the genuine unless of course they have that little verified symbol https://twitter.com/verified‎ symbol

I take this as a harbinger https://twitter.com/aharbinger

Tue, 10/08/2013 - 10:22 | 4033560 Manthong
Manthong's picture

What's wrong with TWAT?

I don't think anyone else has that one already.

Tue, 10/08/2013 - 09:56 | 4033562 synergize
synergize's picture

This is all about saving the momentum algos.  A few idiots start trading TWTRQ and all of a sudden the algos start their engines.

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Tue, 10/08/2013 - 21:38 | 4036633 StychoKiller
StychoKiller's picture

Pretty sure that everyone took note of your post over two dozen posts ago, move on, already!

Tue, 10/08/2013 - 10:05 | 4033597 Sudden Debt
Sudden Debt's picture

THERE'S PLENTY OF STUPID STUFF OUT THERE SIMILIAR TO THIS!!!

GLD AND MORONS THINK THEY BUY GOLD!!! Hahahahahahahaha
SLV AND MORONS THINK THEY BUY SILVER!! Hahahahahahahaha

Tue, 10/08/2013 - 09:38 | 4033511 LawsofPhysics
LawsofPhysics's picture

Classic "take the money and run".  Nice work guys.

Tue, 10/08/2013 - 09:41 | 4033514 slotmouth
slotmouth's picture

Reason: Twitter plans to use the ticker symbol TWTRQ in a few years.

Tue, 10/08/2013 - 11:21 | 4033893 billybobtx
billybobtx's picture

I give 'em 2 years before going tits up.

Tue, 10/08/2013 - 09:40 | 4033518 Grande Tetons
Grande Tetons's picture

Related. 

 

Tesla to change its ticker from TSLA to SHIT. 

It is important to sell SHIT rather than buy SHIT. 

Tue, 10/08/2013 - 09:43 | 4033528 Save_America1st
Save_America1st's picture

geez...talk about a pump ane dump.  LOL

Tue, 10/08/2013 - 09:46 | 4033530 Cognitive Dissonance
Cognitive Dissonance's picture

Isn't this the clearly stated present day purpose of government and its crony capitalist minions, to protect the useful fool (tool?) from themselves? Isn't this the (implied) reason given for all these "interventions"?

Tue, 10/08/2013 - 21:38 | 4036642 StychoKiller
StychoKiller's picture

Protecting fools from their follies soon leads to an increase in the number of fools!

Tue, 10/08/2013 - 09:46 | 4033531 LoneStarHog
LoneStarHog's picture

THEGQ ... Thanks for the tip ... I have always wanted to invest in GQ - formerly Gentlemen's Quarterly magazine ... Got my order placed.

Tue, 10/08/2013 - 09:46 | 4033540 SheepDog-One
SheepDog-One's picture

YAY! We get to investinment in GQ magazine FINALLY! :D

Tue, 10/08/2013 - 09:44 | 4033535 SheepDog-One
SheepDog-One's picture

OMG....can you imagine the buying frenzy when this opens for trading again? I'm all in! Gimme a bunch of chips!

Tue, 10/08/2013 - 09:45 | 4033539 No Euros please...
No Euros please we're British's picture

If it was to save the investor, why didn't they just change the Twitter ticker to TWAT?

Tue, 10/08/2013 - 09:53 | 4033552 bdub2
bdub2's picture

Unrelated:

S&P 500 recently changed to TWTRQ 500

No reason supplied, incidentally.

Tue, 10/08/2013 - 09:54 | 4033559 Unprepared
Unprepared's picture

REASON: BECAUSE TWRQ WAS TAKEN

Tue, 10/08/2013 - 09:55 | 4033566 Kirk2NCC1701
Kirk2NCC1701's picture

Not TWERK US?

Tue, 10/08/2013 - 09:56 | 4033572 yogibear
yogibear's picture

Still a good time to IPO. Plenty out there looking to buy new offerings.

All you need is good maeketing. 

Tue, 10/08/2013 - 11:08 | 4033843 Bobbyrib
Bobbyrib's picture

IMHO, the term that should be used is "cash out." You go public to cash out on your private company.

Tue, 10/08/2013 - 09:57 | 4033579 shermacman
shermacman's picture

THE GQ?!?!   GQ magazine is going public?!?! I gotta buy moar!!!!! I don't really care what the price is, it will go up! Does anyone here have any shares they want to sell?!

Tue, 10/08/2013 - 09:59 | 4033588 Kirk2NCC1701
Kirk2NCC1701's picture

Joke... "Neanderthals walk among us"

NEW YORK - resident Kathy Evans brought humiliation to her friends and family
When she set a new standard for stupidity with her appearance On the popular TV show, 'Who Wants To Be A Millionaire.'

Evans, a 32-year-old wife and mother of two, got stuck on the first question and proceeded to make what fans of the show are dubbing 'the absolute worst use of lifelines ever.' After being introduced to the show's host Meredith Vieira, Evans was posed with a typically easy initial $100 question.

The question was: 'Which of the following is the largest?'

   A)  A Peanut
   B)  An Elephant
   C)  The Moon
   D)  A Car


Immediately Mrs. Evans was struck with an all consuming panic as she did not
readily know the answer. 'Hmm, oh boy, that's a toughie,' said Evans,

As Vieira did her level best to hide her disbelief.
'I mean, I'm sure I've heard of some of these things before,
but I have no idea how large they would be.'

Evans made the decision to use the first of her three lifelines, the 50/50.
Answers A and D were removed, leaving her to decide which was
bigger, an elephant or the moon. However, faced with an incredibly
easy question, Evans still remained unsure.

'Oh! It removed the two I was leaning towards!' exclaimed Evans... 'Darn. I think I better phone a friend.'
Mrs. Evans asked to be connected with her friend Betsy, who is an office assistant.

'Hi Betsy! How are you? This is Kathy! I'm on TV!' said Evans, wasting the first seven seconds of her call.
'Ok, I got an important question. Which of the following is the largest?
B, an elephant, or C, the moon. 15 seconds Hun.'
Betsy quickly replied that the answer was C, the moon.


Evans proceeded to argue with her friend for the remaining ten seconds.
'Betsy, are you sure?' said Evans. 'How sure are you? Duh, that can't be it.'

To everyone's astonishment, the moronic Evans declined to take her friend's
Advice. 'I just don't know if I can trust Betsy. She's not all that bright.
So I think I'd like to ask the audience,' said Evans.

Asked to vote on the correct answer, the audience returned 98% in favor of
answer C, 'The Moon.' (Must have been a few morons in the audience)

 Having used up all her lifelines, Evans then made the dumbest choice of her life.

'Wow, seems like everybody is against what I'm thinking,' said the
too-stupid-to-live Evans. 'But you know, sometimes you just got to go with
your gut. So, let's see... I'm going to have to go with B, an elephant. Final answer.'

Evans sat before the dumbfounded audience, the only one waiting with bated breath -
And was told that she was wrong, and that the answer was in fact, C, 'The Moon.'

Caution...they walk among us!

Tue, 10/08/2013 - 10:43 | 4033749 adr
adr's picture

A move that resulted in TV appearances, viral web videos, and postings that gave this apparent idiot much more than her 30 seconds of fame on a TV show almost nobody watches anymore. It also drove the ratings higher for a little while as more people tuned in to watch other idiots fail at questions even a two year old should know.

Is it possible the woman was really that stupid? If so she should have been shot on stage to prevent her from further breeding. Most likely she was either a plant by the network, or figured she'd make more money and extend her fame by pretending to be the stupidest person on Earth.

The purpose of Who Wants to be a Millionaire was to make idiots believe they are smart, and to make the common folk think they can win at the game. Just about everyone should be able to make it to the $100k question. Most of the time the questions make the ones in Trivial Pursuit look like applied physics.

The first million dollar question in Millionaire was obscure, but not exactly difficult. In fact most of the million dollar questions were almost common knowledge. What was the cause of the term "Computer Bug"? 

Tue, 10/08/2013 - 10:54 | 4033795 jovius
jovius's picture

Actually it never really happened.  It's all lies and fakery.

Much like everything else.

Tue, 10/08/2013 - 11:25 | 4033907 Deo vindice
Deo vindice's picture

Not a Joke... "Spreaders of unsubstantiated stories walk among us."

If you have ever been the subject of such, it isn't a joke.

Tue, 10/08/2013 - 10:17 | 4033629 uncle_vito
uncle_vito's picture

Seems Twitter should pick another symbol.   TWTR was already taken.

Tue, 10/08/2013 - 10:26 | 4033685 Pairadimes
Pairadimes's picture

This story reminds me of a quote from Robin Williams, who once said that cocaine was God's way of telling you that you have too much money. Apparently, you also have too much money if you have been buying TWTRQ.

Imagine the looks on the faces of the idiots who brilliantly thought they got in early on the Twitter IPO when they check their portfolio after the symbol is changed.

Tue, 10/08/2013 - 11:05 | 4033834 Bobbyrib
Bobbyrib's picture

If the sheeple blow all their money on this penny stock, how will they buy Twitter stock so Wall St and the executives can cash out of Twitter? A fool and his money are soon parted. This will not save anyone.

Tue, 10/08/2013 - 11:34 | 4033931 insanelysane
insanelysane's picture

As a software developer I see all too well the maxim that "People will sink to the lowest level of idiocy allowed."

We get challenges like "How is the user supposed to know that they need to click the green GO button to go?"

and get reprimanded when we reply with stuff like "What happens when the user puts his house key in his car's ignition?"

Do NOT follow this link or you will be banned from the site!