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Twitter Down 65% From Highs - Crashes Below IPO Price

Tyler Durden's picture




 

But, but, but...

 

 

The Analysts said...

 

This summed it all up nicely...

 

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Thu, 08/20/2015 - 14:38 | 6448224 Consuelo
Consuelo's picture

Ah...   Now we're getting somewhere.

 

 

Thu, 08/20/2015 - 14:40 | 6448237 clooney_art
clooney_art's picture

Today represents a great opportunity to BTFD. Buy the dips folks. It's called investing in a sink hole.

Thu, 08/20/2015 - 14:43 | 6448255 Santini Air
Santini Air's picture

YES!!!  F*** the social networking scammerz!

Thu, 08/20/2015 - 15:36 | 6448480 pelican
pelican's picture

I never did understand how they made money.

Thu, 08/20/2015 - 17:28 | 6449018 Marvin the Martian
Marvin the Martian's picture

From selling stocks duh

Thu, 08/20/2015 - 14:41 | 6448247 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

I think I'll tweet this article 

Thu, 08/20/2015 - 14:51 | 6448302 Mr. Bones
Mr. Bones's picture

Ugh, that's so f*****g meta.  /valleygirl

Thu, 08/20/2015 - 15:54 | 6448509 TheRideNeverEnds
TheRideNeverEnds's picture

meh, only thing I have tried to do today was offering puts a penny over the market in FB against my short deltas long vol in there (it has been my biggest short position for a few days now) a minute or five ago till the algos moved the market a nickle away.

Well guess what bitchez, now yas cant have em. I'm treating the rest of this opex like I am in europe; hands in pockets, let the chips fall where they may. good luck unwinding all those disastrously long stock, long bonds, long USD, short gold positions. Everyone is on the same side of the market right now. The phrase "boom goes the dynamite' comes to mind.

Thu, 08/20/2015 - 14:50 | 6448229 Anopheles
Anopheles's picture

Along the same lines of though, I wonder what's kept Facebook up so high? 

 

Oh, I forgot, everyone's supposed to have a 100 P/E

Thu, 08/20/2015 - 15:04 | 6448355 Thick Willy
Thick Willy's picture

One of these companies is run by a member of the tribe while the other is pure goyim garbage.

Thu, 08/20/2015 - 16:55 | 6448892 Smiddywesson
Smiddywesson's picture

Obviously some of these stocks are getting a little love from Uncle Sugar and some are not.  Maybe the Fed hates Twitter like they hated Lehman.

Thu, 08/20/2015 - 16:55 | 6448893 Smiddywesson
Smiddywesson's picture

Obviously some of these stocks are getting a little love from Uncle Sugar and some are not.  Maybe the Fed hates Twitter like they hated Lehman.

Thu, 08/20/2015 - 14:39 | 6448234 KnuckleDragger-X
KnuckleDragger-X's picture

Twatter is now officially passe and the hipster class now speak in emoji's.....

Thu, 08/20/2015 - 15:40 | 6448493 Steal Your Face
Steal Your Face's picture

:)

Thu, 08/20/2015 - 14:42 | 6448235 buzzsaw99
buzzsaw99's picture

so is that baba pos

don't worry about ma, he got plenty

Thu, 08/20/2015 - 14:40 | 6448239 DetectiveStern
DetectiveStern's picture

Twitter can't go bust how else will I tweet @David_Cameron calling him a cunt?

Thu, 08/20/2015 - 14:41 | 6448242 Consuelo
Consuelo's picture

 

What's that - no more free beer busts and Pilates classes...???!!!    And why aren't my fellow employees returning to their cubes from lunch...?

 

Uh-oh...

Thu, 08/20/2015 - 14:41 | 6448243 Callz d Ballz
Callz d Ballz's picture

It's ok, the initial investors left long ago. 

Thu, 08/20/2015 - 14:41 | 6448246 buzzsaw99
buzzsaw99's picture

#WINNING!

Thu, 08/20/2015 - 15:01 | 6448337 dobermangang
dobermangang's picture

#CANARYINTHECOALMINE

Thu, 08/20/2015 - 15:10 | 6448364 Bastiat
Bastiat's picture

Angry Birdbrains.

Thu, 08/20/2015 - 14:42 | 6448251 buzzsaw99
buzzsaw99's picture

don't worry about costolo, he got plenty

Thu, 08/20/2015 - 14:43 | 6448258 B2u
B2u's picture

I was practicing juggling knives....but all I got was 17 stitches...

Thu, 08/20/2015 - 14:44 | 6448261 Tinky
Tinky's picture

Now it's really bad – it just broke below its 140 character moving average.

Thu, 08/20/2015 - 14:45 | 6448265 SmallerGovNow2
SmallerGovNow2's picture

Fucking market pushers on MSM crack me up...

From MW...

If you’re holding off on buying stocks because “everyone knows” September and October can be terrible months that often bring trouble, you might be setting up yourself to get faked out by Mr. Market once again.

Because two of my favorite indicators are saying now is the time to purchase equities.

The first one is actually your caution. Or, rather, measures of it on a broader scale.

Several indicators are flashing excessive pessimism right now, which is a bullish signal in the contrarian sense.

But those in the know, or corporate insiders with the front-row seats on their businesses, are now telling us that it’s a good time to buy stocks.

Of course, we could still see further market weakness. Insiders can be early, and no one can call market turns with pinpoint accuracy. Plus, the media haven’t turned decisively negative, often a key element in a sentiment call.

But here’s the bottom line: This combination of bearishness by the general public and bullishness by insiders is a classic signal to buy.

Thu, 08/20/2015 - 14:49 | 6448287 Hippocratic Oaf
Hippocratic Oaf's picture

Fuck them

Kill me

Thu, 08/20/2015 - 14:55 | 6448316 FrankieGoesToHo...
FrankieGoesToHollywood's picture

Even the most mediocre sales people know to change their pitch everyonce in a while.  Spinning the depletion of company cash to shore up stock price in order to keep insiders options in the money as a positive was outdated  years ago.

Thu, 08/20/2015 - 19:34 | 6449508 mrpxsytin
mrpxsytin's picture

The algos never tire of the same script.

Thu, 08/20/2015 - 15:29 | 6448450 Squid Viscous
Squid Viscous's picture

stopped out at "Mr. Market"

Thu, 08/20/2015 - 17:21 | 6449003 Mentaliusanything
Mentaliusanything's picture

"This combination of bearishness by the general public and bullishness by insiders is a classic signal to buy."

For those that have ever wondered if there is a "fair market"... this not only screams "Your not in it" but shows the despotic arrogance of the those insiders, who think the little people don't have any power to move markets.

I fart in their general direction.

Thu, 08/20/2015 - 18:22 | 6449227 silverer
silverer's picture

You also have to like the etrade splash page:  "The market is calling, opportunities are everywhere".

Thu, 08/20/2015 - 14:45 | 6448267 Kaiser Sousa
Kaiser Sousa's picture

just woke up...got drunk last night and fell on my stack of SIlver....

whats's a Twitter??????????????

Thu, 08/20/2015 - 14:49 | 6448292 Callz d Ballz
Callz d Ballz's picture

It's the tremor felt when Cankles are near.

Thu, 08/20/2015 - 14:57 | 6448326 FrankieGoesToHo...
FrankieGoesToHollywood's picture

They are a small home entertainment company selling stereo speakers listed in the OTC penny stock market.

Thu, 08/20/2015 - 15:14 | 6448378 Kilgore Trout
Kilgore Trout's picture

The savviest got in early.

Thu, 08/20/2015 - 14:45 | 6448268 sgrjoo
sgrjoo's picture

little do they know. It needs a good look at the mirror to get the insight. The show must go on.

Thu, 08/20/2015 - 14:46 | 6448276 2thepeople
2thepeople's picture

Let the eat app. And choke on it.

Thu, 08/20/2015 - 14:53 | 6448303 Squid Viscous
Squid Viscous's picture

Tyler can we have the deer picture @ 4pm? Please?

Thu, 08/20/2015 - 14:55 | 6448314 City_Of_Champyinz
City_Of_Champyinz's picture

Twitter is for idiots and narcissistic kardashian hookers. 

Thu, 08/20/2015 - 14:59 | 6448334 CosmoJoe
CosmoJoe's picture

I see more and more of my friends ditching Facebook and giving the big FU to social media in general.  I can't help but feel there is a backlash underway, as people come to realize any semblance of privacy is just an illusion.

Thu, 08/20/2015 - 17:01 | 6448916 Smiddywesson
Smiddywesson's picture

Perhaps, but people who were attracted to it in the first place demonstrated a certain degree of narcissism, so privacy was never their bag anyway.

Thu, 08/20/2015 - 15:07 | 6448361 alexcojones
alexcojones's picture

Maybe they need to restructure, using Lingerie Ads

Fighting Twitter Twats

 

Thu, 08/20/2015 - 15:11 | 6448368 markar
markar's picture

Could this be social media's Pets.com moment?

Thu, 08/20/2015 - 15:15 | 6448385 Mintcoin
Mintcoin's picture

Bird got out its cage! Canary in the coal mine.

Thu, 08/20/2015 - 15:19 | 6448399 Jack Burton
Jack Burton's picture

Lots of fake wealth is being destroyed! Much of the QE money printing is now disappearing into this air. These bubble companies have a lot of wealth to destroy going forward.

Thu, 08/20/2015 - 15:44 | 6448513 Downtoolong
Downtoolong's picture

Unfortunately, much of it is in pension funds, and the beneficiaries have no idea.

Thu, 08/20/2015 - 18:16 | 6449210 silverer
silverer's picture

But they will eventually get the results in writing.  Even if the system sucks, the documentation aspect of going broke works fine.

Thu, 08/20/2015 - 15:38 | 6448482 Navymugsy
Navymugsy's picture
"Facebook Down 65% From Highs - Crashes Below IPO Price. Investors descend on Zuckerberg's house and burn it to ground."

 

That's the headline I want to see.

 

 

Thu, 08/20/2015 - 15:43 | 6448508 PeaceLover
PeaceLover's picture

the fact it hasn't happened  shakes my faith in god.
real close to a banker in integrity and because he's making money somehow he "good or cool" he's all about him self.

Thu, 08/20/2015 - 18:14 | 6449208 silverer
silverer's picture

His partner is the smart one.  Happily playing crossword puzzles in Singapore.

Fri, 08/21/2015 - 04:10 | 6450609 acommenter
acommenter's picture

Facebook is too valuable for the "intelligence" agencies to let it burn...

Thu, 08/20/2015 - 15:41 | 6448500 Colonel Klink
Colonel Klink's picture

Sounds like #twitterisintheshitter

Thu, 08/20/2015 - 15:54 | 6448556 CharlieMike
CharlieMike's picture

BTFD muppets!

Thu, 08/20/2015 - 15:54 | 6448557 U4 eee aaa
U4 eee aaa's picture

They tweaked their system to mess up people quoting other feeds. I guess the only people they value are people who post 100% original content(and those who steal their gif's and vines from reddit).

So if you want to have a feed that brings your brand of news and entertainment albeit quoted from other sites, they have made it no longer worth your while...or at least a lot more difficult

I think twitter just went yahoo (if anybody is old enough to remember(gather round kiddies) yahoo started tweaking their message board format many, many years ago and got it so wrong that people left en masse. They never recovered

I think twitter just did the same thing

Thu, 08/20/2015 - 16:10 | 6448648 BeerMe
BeerMe's picture

Is this it or will the Fed save it?  The backbone (e.g. tech) of the stock market is cracking.

Thu, 08/20/2015 - 16:14 | 6448661 general ambivalent
general ambivalent's picture

How is this possible? They told me twitter was the biggest thing since sliced bread - like sliced bread with words. How could this happen?

Thu, 08/20/2015 - 18:18 | 6449219 silverer
silverer's picture

Right!  We need to hire those Chinese market regulators!  There, fixed it!

Thu, 08/20/2015 - 16:59 | 6448905 Smiddywesson
Smiddywesson's picture

I felt a disturbance in the markets, like millions of investors in the Twitter cried out and were suddenly silenced.

Thu, 08/20/2015 - 18:13 | 6449207 silverer
silverer's picture

Buy the dead cat bounce!  Just "twitter away" your money...

Thu, 08/20/2015 - 18:55 | 6449353 I Write Code
I Write Code's picture

He rocks in the tree tops all day long
Hoppin' and a-boppin' and singing his song
All the little birdies on Jaybird Street
Love to hear the robin go tweet tweet tweet

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