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Twitter Pumps-And-Dumps On Reports That Dorsey To Be Named CEO

Tyler Durden's picture




 

After all that...

  • *TWITTER SAID TO NAME JACK DORSEY CEO, RE/CODE SAYS

Did no one else want the job? And TWTR stocks jumped to run stops above 1-week highs as we presume this removes some uncertainty...

As Bloomberg reports,

Twitter to name Jack Dorsey permanent CEO, Re/Code says, citing people familier.

 

Will be announced as early as tomorrow

 

Dorsey will continue to run Square, where he’s also CEO

*  *  *

For now TWTR is up...

 

But that soon faded...

 

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Wed, 09/30/2015 - 13:58 | 6612001 Johnny_Dangerously
Johnny_Dangerously's picture

Square, Inc. is very probably a better buy.

Wed, 09/30/2015 - 14:07 | 6612071 Save_America1st
Save_America1st's picture

ha!  so this chump probably thought he was a billionaire right outta the gate and then 8 minutes later...

It's gone!

Wed, 09/30/2015 - 13:58 | 6612004 carbonmutant
carbonmutant's picture

Short rally...

Wed, 09/30/2015 - 13:59 | 6612009 _RRR_
_RRR_'s picture

wait til next buy-em-all-day

Wed, 09/30/2015 - 14:13 | 6612018 Scooby Dooby Doo
Scooby Dooby Doo's picture

It's a good company with plenty of juicy tips to sell various .gov agencies. It just lacked the right leadership.

Strong Scooby Buy now that it has a new strong leader!

Greenie if you like Scooby's comments. +1.

Wed, 09/30/2015 - 14:26 | 6612208 Fahque Imuhnutjahb
Fahque Imuhnutjahb's picture

Dorsey.  Irish name.  He can't be a Big Info. player.  He ain't got the right Jui-ce.

Wed, 09/30/2015 - 14:28 | 6612216 Scooby Dooby Doo
Scooby Dooby Doo's picture

Once you IPO then you get handled by tribal implants.

Pump don't dump the greenie.

Wed, 09/30/2015 - 14:58 | 6612376 Fahque Imuhnutjahb
Fahque Imuhnutjahb's picture

 

 

Yeah, and handling by "activist investors" seeking to "optimize value",

it's always interesting to see who is recommended for the executive positions.

Wed, 09/30/2015 - 14:03 | 6612042 NoDebt
NoDebt's picture

The Internet ruined everything.  Speak to me no more of dot-com stocks.

Wed, 09/30/2015 - 14:08 | 6612074 buzzsaw99
buzzsaw99's picture

$17B company. LMAO

Thanks Janet.

Wed, 09/30/2015 - 14:09 | 6612078 dilettante
dilettante's picture

would you pay to tweet! ask some slebs that. or perhaps they will make you pay  to follow your fav spew mongerers

Wed, 09/30/2015 - 14:22 | 6612172 sandhillexit
sandhillexit's picture

Nothing more fun than tweeting a football game.  Don't like the commentary?  tell 'em.  Want them to clean the camera lens?  tell 'em.  Twitter is such a "talk back" platform and the beauty is you say it publically, so you can actually make the coach squirm.  Wildly democratic. I suspect Dorsey has the authority to sell the platform.  It should belong to some combination of FIFA and the NFL.  

Wed, 09/30/2015 - 14:35 | 6612256 abyssinian
abyssinian's picture

Same clown who had no idea how to make money with this garbage company, the only difference is now they have a part time CEO who still has no clue how to make money with it.

Wed, 09/30/2015 - 16:00 | 6612612 Crassus
Crassus's picture

Like Gates, Zuckerberg et al. JD was chosen for his willingness to provide backdoor access to the alphabet agencies and their subcontractors. SQUARE is one of the PTB's end-of-cash plays. Winners are chosen before the race.

Thu, 10/01/2015 - 06:21 | 6614838 redd_green
redd_green's picture

That's the nicest fade I've seen all year!

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