Put To Profits On Twitter

Twitter (TWTR) has been an incredibly interesting stock to watch, and I have to say, it’s baffling that there are still people that are bullish on the stock. The truth is that throughout the majority of its history on the market, Twitter has been falling, and recently, the declines have gotten bigger and bigger. Today, we’ll talk about Twitter’s biggest problem, the fact that insiders are losing faith, what we can expect to see moving forward, and how binary options traders can take advantage of the trends. So, let’s get right to it…

Here’s Twitter’s Biggest Problem

It’s no secret. However, if you haven’t heard it before, it’s relatively simple. Twitter’s biggest problem is user growth. Toward the end of the year 2014, investors started to realize massive reductions in the amount of users that were signing up for Twitter on a quarterly basis. As a result, they called for the resignation of the CEO at the time, Dick Costolo. Costolo quickly answered the calls by making the decision to resign, leaving Jack Dorsey, one of the co-founders of Twitter as the interim CEO until the company could find someone to fill his shoes.

Unfortunately, Twitter was a sinking ship at the moment, and the CEO that they were looking for would have had to have created a name for himself. Let’s be honest here, no quality captain with a big name is going to make the decision to jump onto a sinking ship. So, after several months, it was announced that Dorsey would hold the position for the long run. This was another big mistake.

Unfortunately, Dorsey has done little to nothing for Twitter at this point, and isn’t likely to do much for the company moving forward. In fact, under Dorsey’s leadership, Twitter’s problems have actually become worse. Instead of adding users, the company is now seeing declines in daily active users! The bottom line is that Dorsey simply lacks the focus needed to pick the company up off of the ground and make it grow.