As some of you might know, I used to be a pretty big Twitter bull. Unfortunately, I have lost interest in Twitter. Yes, both the stock and the platform itself. For the past few months, I have barely used Twitter. Ironically, the stock hasn’t seen much movement. It seems as though TWTR has been range bound for quite some time now.
To clarify, I finally turned bearish on Twitter stock after seeing how bad its management really is. I once had hope for the stock but it has become obvious that the company is unable to monetize their service properly. Moreover, they seem to lack the prowess to compete with Facebook. Which has been doing great with monetization and the growth of Instagram. Sorry, Twitter longs but I had to jump ship.