Monthly chart showing $TWTR has spent most of its public life trading below $45. Anchored VWAP (monthly) from IPO till current date is $34.45.
And note that Twitter has spent most of 2021 trying to erase the share price gains of February 2021, one of its best months on record.
However, it's an important media (content delivery) company and has shown the ability to evolve and improve, although slowly.
I'm bullish and realized my bias recently ... when a relative asked me what I thought of the James Webb Telescope. I knew nothing about this topic and immediately searched it on Twitter. now following @NASAWebb among other related accounts on Twitter.
I've long thought Twitter should offer a subscription-based service in addition to their free offering. The recent $2.99 per month idea hopefully evolves with the ability to filter "bot generate" garbage, and provide more content management features.
IMHO ... $TWTR is oversold
And note that Twitter has spent most of 2021 trying to erase the share price gains of February 2021, one of its best months on record.
However, it's an important media (content delivery) company and has shown the ability to evolve and improve, although slowly.
I'm bullish and realized my bias recently ... when a relative asked me what I thought of the James Webb Telescope. I knew nothing about this topic and immediately searched it on Twitter. now following @NASAWebb among other related accounts on Twitter.
I've long thought Twitter should offer a subscription-based service in addition to their free offering. The recent $2.99 per month idea hopefully evolves with the ability to filter "bot generate" garbage, and provide more content management features.
IMHO ... $TWTR is oversold