2016 will be another volatile year for Twitter stock as investors try to digest how the company's recent initiatives are doing and how the new ones will do in the future. The monthly active user number is hyped up as the only way to measure the company's progress because investors aren't given the number of daily active users. Investors are confident Twitter can grow revenues, but worry about when a wall will be hit as the inventory of content to monetize dries up. The question of whether users will flock to the platform in 2016 is still up in the air. I'm of the belief that the product will improve because Jack Dorsey is willing to experiment with new things such as a non-chronological feed, personalized moments, and tweets longer than 140 characters. These innovations along with Periscope are going to drive the share price higher next year. Facebook's live offering will fail to knock off Periscope, showing how deep the app's moat already is. Periscope has some obvious changes which can be made to improve the product. It is the bare bones of what it can accomplish. As phone batteries get bigger and carrier plans provide more data, more potential users will be able to access the app.