NEW YORK (TheStreet) -- Shares of Twitter (TWTR) - Get Report were up slightly in Wednesday morning trading, as investors wait for the struggling social network to report its quarterly earnings before the market opens Thursday.
Former Twitter board member Bijan Sabet has some advice for the company.
"At this point, I think it should just be heads down and forget the critics," Sabet said on BloombergTV's "Bloomberg Markets" Wednesday. "And keep building a great company."
Sabet was an early investor in Twitter through his venture capital firm, Spark Capital, he left the company's board of directors in 2011.
Twitter recently flirted with the possibility of a takeover, but potential buyers Salesforce.com (CRM), Walt Disney (DIS) and Alphabet (GOOGL) all backed out.
"I'd rather see this company remain independent and build something durable," said Sabet, who still holds Twitter stock. "I think it deserves to be."
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate TWITTER INC as a Hold with a ratings score of C-. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.
You can view the full analysis from the report here: TWTR