CNBC's Cramer warns Twitter Trump was a 'great salesperson' for them as stock plunges

[Counselor706]

"Squawk on the Street" co-anchor Carl Quintanilla pointed out Monday morning that Twitter was the only major company whose share price dropped substantially during pre-market hours, losing more than 7% of its value following Friday's expulsion of the president. (Twitter's stock price fell 6.41% by the time the market closed Monday.

"I think that there were a lot of people who literally knew that the president was the most important person and that you'd have to keep checking him," Cramer told Quintanilla. "And then you'd have to check people who talk about him. You just had this endless wave, this web that the president created, and it was action and reaction."

Cramer declared that the "surprise factor" Trump represented to Twitter "is gone". The CNBC star suggested that he hasn't checked the platform as urgently as he used to since the president's enforced departure.

"I do believe that, Carl, Twitter’s got to come up with a new thesis very, very quickly because I think they always- they never talked about the power of Trump in bringing in people," Cramer continued. "I am telling you the [@]realDonaldTrump was a great salesperson for Twitter."

Source

 

[phrodeau]

If only Trump had known. He would have closed his account years ago.

 

[Counselor706]

Twitter loses $5 billion in market value after Trump is permanently barred from the platform

 

[WillJ8787]

I think they are smart enough at twitter to know they would take a hit and they are Also smart enough to know

...what the right thing to do was and is....they did it...the right thing!

 

[LLCox]

Fuck Jim Cramer.

 

[MissMandy86]

You have to admire twitter
They put the good of their country before making money

 

[CornusKousa]

You have to admire twitter
They put the good of their country before making money

By totally disrespecting it with anti-free speech actions???

LOL

That's funny.

What's extra funny is the anti-civil rights crowd thinking they are patriots for stomping on the very spirit of what males the USA worthwhile in the first place as they advocate it's official total destruction.

 

[MissMandy86]

By totally disrespecting it with anti-free speech actions???

LOL

That's funny.

Ya know what is funny .. its sad in a way
That you think you have a right to use someones property
That socialism..

You also think that people have a right to twiiter but not healhcare or water

Your bad fot democracy why dont you move to cuba where the govt shares your views

 

[Philthy_Phil]

By totally disrespecting it with anti-free speech actions???

LOL

That's funny.

What's extra funny is the anti-civil rights crowd thinking they are patriots for stomping on the very spirit of what males the USA worthwhile in the first place as they advocate it's official total destruction.

Trumps Twitter lies makes the USA worthwhile? Lol

Poor snowflake. A private business can decide who can and cant use its service. I believe there was a recent ruling on the subject, little girl. Ask your mommy to explain it to you.

 

[WillJ8787]

Ya know what is funny .. its sad in a way
That you think you have a right to use someones property
That socialism..

You also think that people have a right to twiiter but not healhcare or water

Your bad fot democracy why dont you move to cuba where the govt shares your views

Isn't it absolutely bat shit crazy anyone actually thinks this...I'm am always floored by this. We should be having conversations and actions towards providing healthcare to those who need it right now and not allowing issues like what happened in Flint Michigan to never happen again.

 

[CornusKousa]

Ya know what is funny .. its sad in a way
That you think you have a right to use someones property
That socialism..

It's the mindset behind it for sure.

But no I don't and no it's not.

You also think that people have a right to twiiter but not healhcare or water

You're really bad at the wannabe mind reader bit.

No, I don't.

Your bad fot democracy why dont you move to cuba where the govt shares your views

Because Cuba is "progressive" left and runs contrary to my views....I'm not a "progressive" democrat.

 

[CornusKousa]

Trumps Twitter lies makes the USA worthwhile? Lol

Poor snowflake. A private business can decide who can and cant use its service. I believe there was a recent ruling on the subject, little girl. Ask your mommy to explain it to you.

No, free speech makes the USA worthwhile.

I never said they couldn't or even that they shouldn't....that all depends on what their purpose for existing is.

I just said their actions are anti-free speech, because they are.

Stay triggered phil.

 

[Philthy_Phil]

No, free speech makes the USA worthwhile.

I never said they couldn't or even that they shouldn't....that all depends on what their purpose for existing is.

I just said their actions are anti-free speech, because they are.

Stay triggered phil.

If laughing at trumptards being locked up, losing their jobs and laughing at those trying to defend them is being triggered, then yes, I will stay triggered. Lol

 

[CornusKousa]

If laughing at trumptards being locked up, losing their jobs and laughing at those trying to defend them is being triggered,

Look at all that deflection.

then yes, I will stay triggered. Lol

I know Phil I know.

 

[Philthy_Phil]

Look at all that deflection.



I know Phil I know.

Deflection? Don't use words you don't understand, little girl, or you're bound to trigger me into laughing again. Lol

 

[PaxNurgle]

Question for Dmitri: Does the Kremlin pay you a certain fee in rubles for every thread you start on this board?

And I'm half curious if the CIA has American equivalents of you, posting threads with questionable and outright fabricated "news" articles on Russian message boards.

 

[Counselor706]

Facebook and Twitter, the two largest social media platforms to permanently ban President Donald Trump for his role in last week's Capitol riots, saw $51.2 billion in combined market value erased over the last two trading sessions.

Companies across sectors have responded to the president's rhetoric in recent days by pausing political donations, making statements decrying his inflammatory remarks, and pulling products with links to right-wing movements. Facebook and Twitter possibly took the biggest retaliatory steps when they indefinitely banned Trump from their platforms on Thursday and Friday, respectively.

Both companies cited the risk of additional violence for their bans, but investors largely balked at the action. Facebook tumbled 4% on Monday and another 2.2% on Tuesday as shareholders dumped the stock, likely fearing the ban could drive users off the platform. By the time markets closed on Tuesday, Facebook's market cap sat $47.6 billion below its Friday level.

Twitter plunged 6.4% to start the week and dipped another 2.4% as the sell-off continued into Tuesday's close. The declines saw Twitter's market cap drop by $3.5 billion.

Source

 

[PaxNurgle]

^hmmm....you ignored my question, unsurprisingly.