Negative cash flow? Burned through $38MM in 6 months?...No, no, noooo FB is the play - see you at $100+
It looks like they are intent on making sure TWTR closes UP the first day It is almost a guaranteed 20% pop on the first day, in my opinion NYSE testing the IPO with a 80 million single order intentionally underpricing the IPO It's hard to value IPOs because there is a lot of growth potential. It's not hard to imagine when they squeeze more ads in there that they will make more money and threfore the IPO price is too low In the long run this company is toast like AOL, Myspace, ICQ, AIM, Prodigy, CompUserve, hotmail, yahoo, What makes twitter successful in my opinion is the celebrity presence. That draws a large audience that wants to interact with those people. There should be a metric to keep track of how much celebrities are active on Twitter and that will be the canary