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A comment on Twitter board adopts poison pill after Musk’s $43B bid to buy company. Parent comment

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by throwawaycities on Saturday April 16, 2022 @08:21AM (#31051722)
The real question is why would shareholders that care about profits own Twitter stock? In its entire history there have been 2 years it didn’t lose money and actually recorded a profit.
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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by seadan83 on Sunday April 17, 2022 @01:54PM (#31062735)
It's all about potential future profits. Not everyone agrees on what those profits could be, and hence why there is a market for shares, and is the reason why share prices are not stable.

Essentially, the holders believe that past performance is not reflective of possible future performance. The shorts and sellers and non buyers believe that us the case or that there are more efficient allocations of their money.

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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by aaaaaaaaata on Saturday April 16, 2022 @09:56AM (#31052353)
The hard part about these companies is user engagement.

Currently, Twitter userbase is ripe for monetization.

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