Anyone planning on buying the Twitter IPO?
zero profit, lots of potential, value with stocks now over 18 billion. Sounds like some strip club reviews where others just don't see it but the reviewer sees potential.
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53 comments
"Thou shalt NEVER buy an IPO."
I only buy IPO if I know the founder personally.
How about the GoPro! IPO today? Anyone in on it?
Hey, anyone remember MySpace?
When it comes to technology like this, people are incredibly fickle. They'll jump to the "hot new thing" in a heartbeat. I also predict the present lineup of internet favorites will be has-beens in the near future.
And heaven forbid we go thru a real depression, what to you think will be the first to go? Entertainment/media stuff like Facebook and Twitter. Suddenly paying $50 per month for your entertainment on the internet won't look so important.
I think facebook and twitter will be used more by their non-paying clients - but "the money" will know the spike is clients who can't pay for their products... it'll be like advertising in comic books.
So consider what would happen if FB did the same for smart TVs, or via streaming radio like Pandora or Spotify. Unfortunately, I think if you ever did use FB that will determine what advertisers show you for the rest of your life.
My two concerns are: a market cap of $150 billion? Are you fucking kidding me? And what if there is a backlash about all the information they store about you. What if they are required to not gather it or delete it at your request? How would they manage that situation? Granted the NSA and LE would probably go to bat for them if it was looking like they might be required to delete.
TWTR is looking like a good long term bet today, even after being up +6% today.
Anyone else buy it mid-June?
I find TWTR is becoming an excellent research tool on par or better than Google when it comes to current events. Stock has a bright future, IMO.
(2) This could be a pump-and-dump scheme. Maybe you know that Twitter is going down in a flaming death-spiral. Don't trust you, one bit.
(3) How could a concept as simple as Twitter have 500M users? Must be ISIS plot, or something.
I'm putting a $100 price target on this one. Now it might take as much as three years to get there :-) but I think now it will be less turbulent than last years. For girly investors who don't like 10-20% swing in a single day. (I got some 3d printer names if you like that kind of action. Just PM me if interested. :-) )
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Dougster doesn't worry about fees anymore since he's running his own hedge fund, now. Just PM him and he'll send a prospectus. His fund is called "Douglas Asshat Management."
(sorry, should be Asset, not Asshat. Auto complete error).
Tried to give you guys this one on a silver platter...
http://www.sciencedirect.com/science/art…
But stock hasn't been rallying for that reason anyway. Just buy more and relax about whatever Stevie-girl and SJG have to say.