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REUTERS--Shares of Twitter Inc sank 18 percent to a new low in frenzied trading on Tuesday, wiping out more than $4 billion of its market value, as early investors sold stock in the messaging service for the first time after a six-month "lock-up" expired.
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Wall Street bankers & Tweeter execs rush to (convert) cash out.
Shocking ;-)
Yeah; it's expected I would think. It's interesting to notice that if you bought the thing at two to one broker margin during IPO week you could sell out for %300 gross in a couple of months. It's only necessary to understand the nature of the beast and why you're there in the first place; I've never understood these buy and hold people; that's just crazy.
https://www.youtube.com/watch?v=1_xwnb3cymc
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more power to ya.
miss this and lose the plot.
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Loudon Wainwright - Dump the Dog and Feed the Garbage
https://www.youtube.com/watch?v=d3cwCxEwMz4
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here it is.
the mining of it alll ......
so expensive and so simple.
this chart is a parody of the stock market, priceless
Pigmeat Markham - Here Comes The Judge + The Trial - 1968 45rpm
https://www.youtube.com/watch?v=DvMBxlu62c0
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try it
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That's some good ol' stuff there.
insanely relevant and timely or
funny, just one step from absolute
and delusional certainty.
BTFD space monkeys!
/sarc
So your advertising revenue is less than your costs at present and your physical assets are rented. Hey sign me up, what could possibly go wrong!
Loved the disclaimer.
Muppetunity!! LoL
I gotta hand it to you Banzai, your batting average is a benchmark!
Pretty sure Lloyd is making his bank, even as Twitter descends down the Golden Turd Ball zone (great chart WB7).
The pop of tech bubble 2.0 is going to be a loud one.
It looks like the turtle head of the Goldman Turdball appears to be tapering as it exits Anusville.
Next stop, Scrotumburg where the investors check to see if they have shit for brains.
It's fools gold for you my friend.
I'm sure the spot price of iron pyrite is manipulated...just like everything else.