Puzzled why Twitter is being seen as having the upper hand here? They have only just settled a class action case that had some fairly damning testimonies from former workers. They haven't exactly been crystal clear in the past and are only disclosing metrics because SEC told them to. So if the figures are correct for the methodology (as seems to be the case) but are misleading to investors as to what they imply then I don't see that as an open and shut case. Also if they're accusing the manchild of changing his mind because the stock market fell then how can they prove the drop in price is due to his actions? If anything it hasn't done as badly as others. Anyway, will be interesting to see what comes of it. I still think he will buy it (at a lower price)!
Puzzled why Twitter is being seen as having the upper hand here? They have only just settled a class action case that had some fairly damning testimonies from former workers. They haven't exactly been crystal clear in the past and are only disclosing metrics because SEC told them to. So if the figures are correct for the methodology (as seems to be the case) but are misleading to investors as to what they imply then I don't see that as an open and shut case. Also if they're accusing the manchild of changing his mind because the stock market fell then how can they prove the drop in price is due to his actions? If anything it hasn't done as badly as others. Anyway, will be interesting to see what comes of it. I still think he will buy it (at a lower price)!