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.
$26 for TWTR is quite cheap, IMO. That being said tomorrow seems like a "pivotal" day for the market me. Double top or bust through to new highs? I'll be watching with great interest, but haven't decided yet.
The best way to go is to be part of the fund that helps get the company to the point of going public than selling out and walking away with money. Facebook's IPO made a shitload of money for the initial investors and fucked the later ones.
Not real interested, fun to watch though. I'm skeptical of the twitters and the facebooks as investments, too much ebb and flow in popularity of things on the internet.
I like TWTR at $30 but not up here around $43. You can now short it on E-Trade but since it is "hard to borrow" the interest is 14%. I'm thinking of giving it a day or two to see if that rate comes down.
Initial price will not be available to you and me. And prices will go to the stratosphere when trading starts, far beyond what it's worth. Don't even think about buying.
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.
Well, it did take a shit, but is trending up. Still not worth the risk in my opinion.
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.
@deogol: I was skeptical on FB as well, but an important thing to consider is that, given their history, they seem quite willing to share data about you to third parties for advertising. They have proposed some products to allow app writers to do targeted advertising based on FB information.
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.
I hate Twitter. It's going to face the same challenges FB has been facing as young people have moved on. I tend to believe these companies go public when they know their best years are behind them.
Tried to give you guys this one in a silver platter (even though most of you are just a bunch of fags). Just like when I told you about the pending boom back in October. But oh-no! You guys just want to have your circle jerks of pessimism...
Pump and dump? Better get Liz Warren to clamp down on that shit!
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. :-) )
Any particular reason I should go out of my way to do so, rather than letting my fund managers do it? :)
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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).
Example of uber nerds working on algorithm to predict overall market swings using Twitter feed (to get a nearly instantaneous read on market psychology). When they succeed, human analysts will be cleaning bedpans:
Up 4% today on volume. Who bought in? Or was everyone like, but stevie-girl said the economy is weak! Or was it, but SJG said it's all just a bubble? Bunch of fuckin' pussy...
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"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.