Nope. But I'll whisper short Pandora at $27...
Yup. I'm still upset i wasnt offered a buy in for this IPO. I've been with etrade for many years and I have a substantial portfolio. Its definitely an overpriced stock right now, and is entirely too expensive right now. I'll likely buy once it falls back down.It will finish lower than 46 today. Buyers will dry out by lunch time IMO. Everyone wanted in at under $30, even under 20. Once the euphoria dies down there will be heavy selling.
why is that? At least fb was profitable when it went public.
Twitter was valued significantly lower than Facebook at IPO, and I don't think they are that far off honestly. Twitter is better suited for businesses and corporations and stand to have more growth potential in advertisements. Plus, for privacy reasons, people are more likely to leave Facebook than people to leave Twitter...Twitter has been reporting losses, but I think that stands to turn around substantially. Additionally, Facebook is facing competition from LinkedIn and Instagram from Pinterest..Twitter faces less direct competition.
yeah it actually may help now with people pricing in future profitability. If you discount it to Facebook I'm getting 27-30 a share fundamentally.
The research firm eMarketer estimates Twitter will bring in $582.8 million in global ad revenue this year, and nearly $1 billion in 2014.
Around how many shares did u buy? How much money have you invested?
why is that? At least fb was profitable when it went public.
dapped
Your broker seems to have looked out for you. This isn't a buy until $18Yup. I'm still upset i wasnt offered a buy in for this IPO. I've been with etrade for many years and I have a substantial portfolio. Its definitely an overpriced stock right now, and is entirely too expensive right now. I'll likely buy once it falls back down.