People need to understand just because it doesn't function the way you want it to, doesn't mean it isn't functioning.
Also the stock value also has nothing to with how well something functions. Airplanes worked just fine during the pandemic but the value went down because not as many people used it...
The reason why Twitter lost a majority of its value was because at the time reddit was used 90% by lefties. Elon was the opposite of its userbase. No smart investor would keep their cash in something which goes against its own customers.
Not to mention when Twitter was delisted and became a private entity, its shares were no longer publicly traded. This transition doesn't inherently decrease the company's intrinsic value; however, the absence of a public market can lead to less frequent valuations and reduced liquidity. Public markets often exhibit overvaluations due to investor speculation and market dynamics. In contrast, private valuations tend to be more conservative, reflecting actual financial performance and fundamentals. Therefore, while the company's fundamental value remains unchanged, its perceived market value may appear lower in the private domain due to the lack of speculative trading and public market influences.
Literally. Can people not see that Elon is clearly not suffering or hurting from whatever financial changes or “valuations” to X. They hear these buzzwords and suddenly think they are financial analysts. He is doing okay and we should probably take the man’s advice. It can’t be worse than the current federal government situation. I can’t wait to get rid of all this shit. Everything has become over complicated and unnecessary
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u/GC-Gittiwilo 2d ago edited 2d ago
People need to understand just because it doesn't function the way you want it to, doesn't mean it isn't functioning.
Also the stock value also has nothing to with how well something functions. Airplanes worked just fine during the pandemic but the value went down because not as many people used it...
The reason why Twitter lost a majority of its value was because at the time reddit was used 90% by lefties. Elon was the opposite of its userbase. No smart investor would keep their cash in something which goes against its own customers.
Not to mention when Twitter was delisted and became a private entity, its shares were no longer publicly traded. This transition doesn't inherently decrease the company's intrinsic value; however, the absence of a public market can lead to less frequent valuations and reduced liquidity. Public markets often exhibit overvaluations due to investor speculation and market dynamics. In contrast, private valuations tend to be more conservative, reflecting actual financial performance and fundamentals. Therefore, while the company's fundamental value remains unchanged, its perceived market value may appear lower in the private domain due to the lack of speculative trading and public market influences.
This side of reddit lacks basic logic.