Twitter

jank

So what do people think of the latest tech IPO?
They are floating 13% of the company next month with prices per share in the range of $17 - $20. Most people think that this is modest so lots of upside.
The company have yet to make a profit but there is huge upside with twitter having such a present all over the globe and is a massive brand in itself.

http://www.bbc.co.uk/news/business-24664145

sgealbhain

jank wrote: »

So what do people think of the latest tech IPO?
They are floating 13% of the company next month with prices per share in the range of $17 - $20. Most people think that this is modest so lots of upside.
The company have yet to make a profit but there is huge upside with twitter having such a present all over the globe and is a massive brand in itself.

http://www.bbc.co.uk/news/business-24664145

Definitely an interesting one.

Atlantic Dawn

A $11 billion valuation is way over the top.

tommylimerick

great revenue growth and at 11 billion valuation seems about right
i think that twitter is more important for television radio internet interaction
i doubt it will flop like facebook but facebook is well up from its ipo now too
and i thought it was way over valued
some of these internet companies can have huge upside

Pennystockwhiz

Twitter is on track to lose $100 million this year on over 600 million in revenue. It's on the cusp of profitability and money raised from the IPO can help them develop a stronger, more profitable operation. Twitter's IPO will bear little resemblance to Facebooks

gordongekko

Pennystockwhiz wrote: »

Twitter's IPO will bear little resemblance to Facebooks

what do you mean by that?

Pennystockwhiz

I meant Twitters IPO won't be a pump and dump like Facebooks..

gordongekko

Pennystockwhiz wrote: »

I meant Twitters IPO won't be a pump and dump like Facebooks..

if I was paying bankers top bucks and they did not intend on getting me top price I would fire them

Pennystockwhiz

Thats true buddy... At leaset Twitter's IPO valuation is more modest at around $10.5 billion

arrowloopboy

Just bought twitter @ 212/232 ,spread is outlandish ,but i'm in the humour for a bit of craic today:p

arrowloopboy

arrowloopboy wrote: »

Just bought twitter @ 212/232 ,spread is outlandish ,but i'm in the humour for a bit of craic today:p

Climbing nicely 225/245 just now,7pts off B/E,spread nearly covered:).

Dubh Geannain

Twitter is listed on NYSE yea? Is it listed elsewhere too?

arrowloopboy

Dubh Geannain wrote: »

Twitter is listed on NYSE yea? Is it listed elsewhere too?

Not listed yet,2.30 I think,i'm trading grey market.

JJJJNR

Predicting the close price : 48.20

AugustusMinimus

Share price starting to fall now with people cashing in their winnings. Down to $44 per share.

gordongekko

nice trade. Take the money and run

arrowloopboy

arrowloopboy wrote: »

Just bought twitter @ 212/232 ,spread is outlandish ,but i'm in the humour for a bit of craic today:p

S/L @ B/E + weekend away with Mrs Arrowloopboy :P:P:P

mickman

crazy price for a stock who has lost 450 million dollars in last 4 years.

social networking is a complete bubble

These stocks are at the mercy of the next "twitter and facebook" - users will drop these sites over night and move to the next one . They have no firewall / moat whatsoever

gordongekko

mickman wrote: »

crazy price for a stock who has lost 450 million dollars in last 4 years.

social networking is a complete bubble

These stocks are at the mercy of the next "twitter and facebook" - users will drop these sites over night and move to the next one . They have no firewall / moat whatsoever

that's what they said about google

Pennystockwhiz

History shows that Twitter's share price will take a nosedive.. Look at similar IPO's like Facebook, Groupon, Zynga.. Twitter may end up being wildly successful and actually deserving of a $25B market cap, but right now it isn't.

Gandalph

What was the deal with their simulated IPO? I've never heard of anything like that before...

The demand for twitter was strong, this could be seen when they announced their IPO and the stock of some bankrupt company called Tweeter went up a couple hundred %. Just for sanities sake I hope it doesnt take a dive anytime soon, might give people more confidence in investing in these sort of companies.

Sonnenblumen

gordongekko wrote: »

that's what they said about google

In fairness, I think there is much substantive IPO/enabling technology behind Google?

Still, I cannot help thinking about these meteoric IPO's as Russian Roulette for the Masters of the Universe.

mickman

Google had / have a seriously profitable business model

Once twitter starts to charge then a new free site will open that and people will flock to that