Twitter Stock, Use, Plummets Like a ‘Dead Bird’

According to CNN Money, and other sources, Twitter's stock shares on Wall Street have hit an all-time low. Yet another example of how this social media, which seems to get more attention in the media than any other, still remains largely unused by huge segments of the population.

CCN Money reporting this week shares of the often confusing hashtag social media have hit $13.90. Compare that with Facebook, who's public offering shares were just over $117 per share.

According to CNN, and other social media observer groups, despite the inordinate amount of attention Twitter gets on networks such as ESPN, Fox News, even the Big Three (CBS, NBC, ABC), it still is viewed as a niche media by the majority of the U.S. population. It's viewed as a celebrity or 'rich person' social media, used by famous people, but not the general public.

Some of that stems from the confusing use of hashtags, and compared to Facebook, a typical Tweet or message resembles an Algebra equation.

The news that the NFL is going to stream a large number of it's Thursday Night games this fall didn't have the effect on the stock that was hoped. Investors are reportedly unhappy, and rumors again began to swirl that certain wealthy investors, including some who've got a lot of stock in Google, might be interested in "shaking things up" at Twitter by buying in, then reorganizing.

Facebook, according to Forbes Magazine (based upon their most recent 2014 assessment) has 1.3 billion worldwide users, and revenue of $2.9 billion dollars. Twitter on the other hand, has 271 million users and reported income of $312 million.

Add to that the often repeated news about fake Twitter accounts. While Facebook's fake or fraudulent accounts are only a few percentage points below Twitter, the hashtag social media has gotten much more attention over it.  According to latest data from 12-18 months ago, about 5% of all Twitter accounts, or just under 11 million, are considered fake. Many of them are automated 'bots', created to follow users and try to push potential goods and service sales.  Others are use to try to obtain personal information for fraud.

If you use Twitter, there's an 'audit' website that can analyze your account, and fairly accurate determine how many non-carbon based life units (humans) are following you. We ran an audit on Newstalk870, and found 60 of our 660 followers are not real. By the way, we have several times the number of followers on Facebook than Twitter. The website is twitteraudit.com

We too, are like Mom, Dad and Grandma, and don't really get into the whole hashtag thing, really. We prefer to speak 'human.'