Maybe it makes less money and grows slowly, but I check Twitter every day and can't see myself stopping. On the other hand, Facebook is a ghost town. Many social networks explode into the scene but most burn out quickly.
It's nice to find a way to make a quick buck, but I think they should be thinking of the long-term, too.
Aside from anything else, I value the past content I have on Facebook - photos, mainly. By contrast, Twitter content is almost all ephemeral.
My Facebook feed on the other hand is full of more information on family, friends and my local neighborhood than I can reasonably process in a day.
That advice works both ways doesn't it?
Just saying. I do understand your point though.
On Facebook, the opposite. Hence why I'm an avid Twitter user, but don't have a Facebook account.
The stock being mispriced has nothing to do with the "value" or viability of the business, just the lifespan of the current management team.
But that's the fear—that they'll mess up too much right now, and kill their 20 year prospects.
As soon as a reasonable competitor comes along, I'll gladly jump ship.