101–110 of 349 posts
Mostly I think we'll see shares/profits of SF oriented luxury good companies go up, and possibly a rise in SFBA housing prices.
Can someone with more clue please tell me that the following cynical thought I keep having is wrong and laughably misinformed (and then explain why)? Twitter's investors (who have plowed hundreds of millions in to a loss making company) decide to sell some of their stock at $26/share (after consulting with banks to arrive at this price). This will make right the losses they've experienced so far and pass the problem…
Maybe you remember the dot-com boom in 1999? It looked somehow similar.
Earlier quoted context omitted.
That's because its pre-opening (IPO) price was $26. So for everyone who got shares before the public trading, their stocks are way up. (This is also why people are saying that the IPO price was set way too low; insiders make tons of money but Twitter itself raises much less money.)
Is there any way for the lay man to get in on an IPO like this, or is it purely for insiders? (I'm thinking about the next one...)
If it stays at $46, that's a gigantic fuck up. They left a billion dollars on the table, and that's borderline breach of fiduciary duty. Of course, we have to wait and see what it settles at, and it's a little premature to heap scorn just yet. But the initial reaction is it looks like they overreacted to the Facebook IPO debacle (in my book, Facebook did the best thing possible for the company and extracted as much v…
Fiduciary duty to who? The shareholders that cashed in today are the same ones who are behind the IPO. You're trying to make it seem like some poor distant shareholder got screwed over, which is not true.
Can someone with more clue please tell me that the following cynical thought I keep having is wrong and laughably misinformed (and then explain why)? Twitter's investors (who have plowed hundreds of millions in to a loss making company) decide to sell some of their stock at $26/share (after consulting with banks to arrive at this price). This will make right the losses they've experienced so far and pass the problem…
Earlier quoted context omitted.
Unlike Facebook, none of Twitters employees and VC's are selling, so no internal pressure to grab every last dollar.
There was an employee lockup of Facebook stock, if I remember correctly, so Facebook employees were not selling. Please correct me if I misunderstood something.
Can someone with more clue please tell me that the following cynical thought I keep having is wrong and laughably misinformed (and then explain why)? Twitter's investors (who have plowed hundreds of millions in to a loss making company) decide to sell some of their stock at $26/share (after consulting with banks to arrive at this price). This will make right the losses they've experienced so far and pass the problem…
How else could companies with no revenue go public?
Can someone with more clue please tell me that the following cynical thought I keep having is wrong and laughably misinformed (and then explain why)? Twitter's investors (who have plowed hundreds of millions in to a loss making company) decide to sell some of their stock at $26/share (after consulting with banks to arrive at this price). This will make right the losses they've experienced so far and pass the problem…
Also joe public isn't really joe public. Joe public is hedge funds and pension funds controlled by professionals. Your 401k or pension might have some twitter, but in that case it was a professional making the call. Regular twitter users aren't bidding the stock up. They make up a small part of overall trading activity.
Can someone advise what's the best way to buy derivatives (etrade,scottstrade, etc): the fastest way to open an account, the best order execution times? I want to invest some money to short this.
You can always short the stock, but that is quite risky as your maximum downside is theoretically infinite (the stock can always go up). A bearish options strategy[1] can at least define your risk. Thinkorswim[2] options platform is my favorite, they were acquired by TD Ameritrade a while ago, but the thinkorswim platform is still independent from the larger TD Ameritrade system. [1] http://en.wikipedia.org/wiki/Opti…
Can someone with more clue please tell me that the following cynical thought I keep having is wrong and laughably misinformed (and then explain why)? Twitter's investors (who have plowed hundreds of millions in to a loss making company) decide to sell some of their stock at $26/share (after consulting with banks to arrive at this price). This will make right the losses they've experienced so far and pass the problem…