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Twitter Opens At $45.10 (+73%); Trades Up To $48 (+84%)

Tyler Durden's picture




 

+73% at the open... HFT activity is extreme

 

 

 

For now TWTR has reached $47.23...

 

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Thu, 11/07/2013 - 11:53 | 4131015 pragmatic hobo
pragmatic hobo's picture

i guess it's all downhill from here ...

Thu, 11/07/2013 - 11:59 | 4131050 Max Damage
Max Damage's picture

And on that screenshot gold is down $7. The market summed up in one picture. Utterly contrived and manipulated

Thu, 11/07/2013 - 12:07 | 4131107 HoofHearted
HoofHearted's picture

Just like when I was in Times Square and saw FB hit $42 on day one, I'll say the same thing.

"Short that shit!"

I got a weird look from lots of people shouting that out loud, but there were large cartoon characters around me where people were taking pictures. I figured at least one of us was sane in this situation.

Thu, 11/07/2013 - 12:11 | 4131128 tocointhephrase
tocointhephrase's picture

MDB did you not get your order in?

Thu, 11/07/2013 - 12:09 | 4131116 YBNguy
YBNguy's picture

At least with Apple I can eat my iphone when times get bad, what does twitter offer?

Thu, 11/07/2013 - 11:59 | 4131052 Freddie
Freddie's picture

I love Tweeter - they are the best company and stock.  BTW - what do they do or make?

Thu, 11/07/2013 - 12:03 | 4131067 SheepDog-One
SheepDog-One's picture

Doesn't matter...there's much excitement and wild gesturing going on...I'll elbow a granny in the mahfahkin FACE to buy me some....BUY!

Thu, 11/07/2013 - 12:04 | 4131084 CClarity
CClarity's picture

Twitter trading higher share price than Facebook now. Gonna see some interesting hedgie scramble for breakfast.

Thu, 11/07/2013 - 12:07 | 4131103 I Am Not a Copp...
I Am Not a Copper Top's picture

I am waiting for the Twatter IPO

Thu, 11/07/2013 - 12:15 | 4131153 EscapeKey
EscapeKey's picture

Make? What are you some kind of communist?

Thu, 11/07/2013 - 12:16 | 4131158 LeisureSmith
LeisureSmith's picture

Have any of the similar sounding stocks gotten a bump from this retard muppet frenzy?

Thu, 11/07/2013 - 12:00 | 4131058 TruthInSunshine
TruthInSunshine's picture

Janet Yellen has a ginormous buy order placed @ $75 through e*trade.

Thu, 11/07/2013 - 12:01 | 4131068 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

And the squid laughs..... all the way to the bank. Muppets..... I meant suckers!!!

Thu, 11/07/2013 - 12:08 | 4131080 TruthInSunshine
TruthInSunshine's picture

There's no reason animal spirits can't market cap twatter @ 100 billion USD or so.

This time is different.

(This is what the even the underwriters & subscribers, who are used to doing the inside rigging, call a "good day." We are so 1999 again it's genuinely hilarious.)

Thu, 11/07/2013 - 12:01 | 4131069 29.5 hours
29.5 hours's picture

 

 

The spice must flow...downhill?

Thu, 11/07/2013 - 12:13 | 4131142 Kirk2NCC1701
Kirk2NCC1701's picture

Pump & Dump event.

Thu, 11/07/2013 - 12:29 | 4131229 Kirk2NCC1701
Kirk2NCC1701's picture

Note the time-stamp of my post above = 11:13

Now note the time stamp of the next ZH article at 11:15

www.zerohedge.com/news/2013-11-07/twitter-tags-50-then-slides-back-open-...

Here all week.  Try the salad bar.

Thu, 11/07/2013 - 11:53 | 4131017 RaymondKHessel
RaymondKHessel's picture

Solid fundamentals.

Thu, 11/07/2013 - 11:58 | 4131040 replaceme
replaceme's picture

SPIT TAKE WARNING!

Thu, 11/07/2013 - 11:54 | 4131024 fonzannoon
fonzannoon's picture

<<<<<<< bought it

<<<<<<< watching angrily

Thu, 11/07/2013 - 11:57 | 4131035 Richard Chesler
Richard Chesler's picture

<<<<<<< don't give a rat's ass

Thu, 11/07/2013 - 12:00 | 4131057 spastic_colon
spastic_colon's picture

after the GSV LLC phony pricing debacle, as a firm we chose not to participate and have ZERO regrets.....anyone want to venture a guess at what GSV stands for?

Thu, 11/07/2013 - 11:57 | 4131036 ajax
ajax's picture

  <<<<<<<<<<<<< watching gobsmacked

Thu, 11/07/2013 - 11:59 | 4131041 hedgeless_horseman
hedgeless_horseman's picture

<------------Allocated > 100 shares

<------------Allocated < 101

Thu, 11/07/2013 - 12:09 | 4131119 Freddie
Freddie's picture

<----- Could give a flying f**k about Twitter

<----- Waiting for another Tesla to catch on fire

Thu, 11/07/2013 - 12:31 | 4131241 StacksOnStacks
StacksOnStacks's picture

They need a big popcorn box inside the car so that when it eventually does catch fire (and it will) you will have popcorn popping so that you can enjoy watching it burst into flames.

Thu, 11/07/2013 - 12:10 | 4131126 alien-IQ
alien-IQ's picture

watching and laughing while hitting the bong and sipping on my third vodka.

Thu, 11/07/2013 - 11:56 | 4131028 fonzannoon
fonzannoon's picture

The best part about the screen shot is the POG on the bottom right and the fact that some bald guy will go home and tell his wife "The back of my head was on zerohedge all day!!!"

Thu, 11/07/2013 - 11:56 | 4131031 Drachma
Drachma's picture

And this was the week I was going to quit sniffing glue.

Thu, 11/07/2013 - 11:56 | 4131033 youngman
youngman's picture

What color tulips do they make again????

Thu, 11/07/2013 - 12:06 | 4131095 petolo
petolo's picture

Check Flowasebook.com.

Thu, 11/07/2013 - 11:58 | 4131039 yogibear
yogibear's picture

It's IPO mania time. Large sums of cash chasing momentum.

 

Thu, 11/07/2013 - 11:58 | 4131043 Aknownymouse
Aknownymouse's picture

I sold FB. Nobody is talking about it today.

Thu, 11/07/2013 - 11:59 | 4131048 Running On Bing...
Running On Bingo Fuel's picture

A thumb goes up, a car goes by,
It's nearly 1 a.m. and here am I,
Hitchin' a ride, hitchin' a ride.

GO!

Over.

Thu, 11/07/2013 - 11:59 | 4131049 Seasmoke
Seasmoke's picture

TWITTER UP $19. GOLD DOWN $7. 

 

MISSION ACCOMPLISHED. 

Thu, 11/07/2013 - 11:59 | 4131051 russwinter
russwinter's picture

Wonder how much margin is bankrolling the Tweeter tulip bulb. Looks like the loons may be selling other QQQQ names to play this spectacle.

Thu, 11/07/2013 - 11:59 | 4131054 SheepDog-One
SheepDog-One's picture

Humans are dumb panicky herd animals.

Thu, 11/07/2013 - 11:59 | 4131055 All Out Of Bubblegum
All Out Of Bubblegum's picture

The NSA's favorite listening hub is a hit on Wall Street. What a big surprise.

Thu, 11/07/2013 - 12:18 | 4131174 earnyermoney
earnyermoney's picture

Or the .gov's favorite propoganda tool is a big hit on WS. I'll bet In-Q-Tel makes a mint on this pig.

Thu, 11/07/2013 - 12:00 | 4131059 Its Only Rock N Roll
Its Only Rock N Roll's picture

#mania

Thu, 11/07/2013 - 12:00 | 4131060 Zer0head
Zer0head's picture

$50 COMING UP

 

Thu, 11/07/2013 - 12:10 | 4131125 HoofHearted
HoofHearted's picture

Sell, Mortimer, sell!!!

Thu, 11/07/2013 - 12:01 | 4131064 replaceme
replaceme's picture

#fullretard

Thu, 11/07/2013 - 12:01 | 4131065 RaymondKHessel
RaymondKHessel's picture

$50!!!!

Thu, 11/07/2013 - 12:01 | 4131066 Bryan
Bryan's picture

Sell!!

Thu, 11/07/2013 - 12:02 | 4131072 alien-IQ
alien-IQ's picture

"Only two things are infinite; The universe and human stupidity...and I'm not sure about the universe"

Albert Einstein

Thu, 11/07/2013 - 12:03 | 4131079 AGoldhamster
AGoldhamster's picture

EURUSD made it's highs 25th, Gold 28th - and now I think Indices are pretty close. Either the highs were seen today - or (sort of a double top) within another 10 days or so.

Anyway close.

EURUSD a lot lower.

Gold a lot lower.

Twitter is for the sheep.

Thu, 11/07/2013 - 12:20 | 4131179 earnyermoney
earnyermoney's picture

blast from the past. You still tormening Turd at his site?

Thu, 11/07/2013 - 12:28 | 4131222 AGoldhamster
AGoldhamster's picture

Turd - still - waste of time.

Still the one-eyed leading the blind.

Thu, 11/07/2013 - 12:03 | 4131081 arkel
arkel's picture

What a joke.  And here I am doing value investing. Why? People / Idiots just buy on perception / hype.

People will never ever learn.

Thu, 11/07/2013 - 12:04 | 4131082 Dr. Engali
Dr. Engali's picture

I'll laugh my ass off when it's in it's 20s six months from now.

Thu, 11/07/2013 - 12:07 | 4131105 fonzannoon
fonzannoon's picture

Doc total boredom bet but I would put a sandwich on it being above the zerohedge opening price of $45.10 6 months from now. Whaddaya think?

Thu, 11/07/2013 - 12:10 | 4131123 Dr. Engali
Dr. Engali's picture

You're on.

Thu, 11/07/2013 - 12:11 | 4131132 fonzannoon
fonzannoon's picture

ZH really needs to turn this into a sandwich trading site. The sandwiches are pretty much what keep me interested at this point. 

Thu, 11/07/2013 - 12:13 | 4131143 Rory_Breaker
Rory_Breaker's picture

Like sandwich etf trading? ;)

Thu, 11/07/2013 - 12:15 | 4131156 fonzannoon
fonzannoon's picture

<<<<<<<<< Doc imports another physical sandwich from the east

<<<<<<<<< Fonz gets sandwich delivered to his rubber room

Thu, 11/07/2013 - 12:14 | 4131152 Dr. Engali
Dr. Engali's picture

I'm still waiting on my last sandwich from kito.

Thu, 11/07/2013 - 12:17 | 4131169 fonzannoon
fonzannoon's picture

bad move by him. The sandwich prices don't go down. I have locked myself into a $15 bet as far as I see it. 6 months from now we could have hyperinflated and one of us may owe the other one a 5k sandwich.

Thu, 11/07/2013 - 12:22 | 4131188 Al Huxley
Al Huxley's picture

If this turns into a sandwich trading site, I want to start the sandwich derivatives market.  Then I'll use the paper sandwich market to drive down the price of physical sandwiches, and eat for free while ringing the cash register on my sandwich derivatives.

Thu, 11/07/2013 - 12:25 | 4131211 fonzannoon
fonzannoon's picture

I was gotta say I should open a deli but there you go again with your head in the gutter.

Thu, 11/07/2013 - 12:27 | 4131220 Al Huxley
Al Huxley's picture

For the right price I can make you a sandwich primary dealer - inside track on all the front-running, early access to sandwich-related news...

Thu, 11/07/2013 - 12:30 | 4131237 fonzannoon
fonzannoon's picture

hit me up offline I'm interested.

Thu, 11/07/2013 - 12:12 | 4131141 Bay of Pigs
Bay of Pigs's picture

The volume is astonishing. Million shares every few seconds.

Ties in nicely to the HFT documentary Tyler posted the other day. Epic ponzi.

Thu, 11/07/2013 - 12:14 | 4131145 replaceme
replaceme's picture

I bet you're right, but maybe 6 months after that?  Someone is taking a bath eventually, isn't that always the endgame?   I just wish they had a sockpuppet to sell, I'd buy it - that bird is not hep at all..

Thu, 11/07/2013 - 12:07 | 4131108 walküre
walküre's picture

Try $12s

Thu, 11/07/2013 - 12:13 | 4131136 TruthInSunshine
TruthInSunshine's picture

It's gotta stay high enough, long enough, for those in the "lockup" to ring their registers.

So, if the subscription price was $16 of $17, they'll pull every parlor trick in the book to keep it in the mid to high 20s for 90 days or so (what's the duration of the lockup on twatter, anyways?).

Thu, 11/07/2013 - 12:21 | 4131184 walküre
walküre's picture

Houston, we have a problem. This TWTR thing is breaking the markets. We're trying to lift 'em all but need more thrust. Suggest we eject some deadbeats like NFLX, AMZN and PCLN to give us a push. Over.

Thu, 11/07/2013 - 12:04 | 4131087 RaymondKHessel
RaymondKHessel's picture

10% increase from the open. That's the gift to the retail "investor"! Insiders get 80%-100%.

Thu, 11/07/2013 - 12:04 | 4131088 FiatFapper
FiatFapper's picture

I don't understand - how can you value a company @ ~$22billion that has zero revenue?!

Thu, 11/07/2013 - 12:06 | 4131100 hedgeless_horseman
hedgeless_horseman's picture

 

 

BTFNYFI

Thu, 11/07/2013 - 12:06 | 4131102 ejmoosa
ejmoosa's picture

What's that?  Less than 1/3 of the QE for one month?  We won't even miss it.

Thu, 11/07/2013 - 12:12 | 4131138 insanelysane
insanelysane's picture

They make it up on volume.

Thu, 11/07/2013 - 12:05 | 4131094 prains
prains's picture

....and this is why what's left of the ponzi needs to be flushed

 

history will look back on this IPO as a watershed moment in American Stoopidity

Thu, 11/07/2013 - 12:06 | 4131096 Dull Which
Dull Which's picture

So the brain dead sheep who bought shares cos she missed out on Facebook and her nephew suggested she should just made 70odd%

 

Sure as hell beats work

Thu, 11/07/2013 - 12:06 | 4131099 Dr. Engali
Dr. Engali's picture

Can we get a picture of the bigger fool who just paid $50?

Thu, 11/07/2013 - 12:07 | 4131106 ejmoosa
ejmoosa's picture

Damn, hes' down 6 % in minutes! What's that annual rate of return?

Thu, 11/07/2013 - 12:09 | 4131110 hedgeless_horseman
hedgeless_horseman's picture

 

 

Can we get a picture of the bigger fool who just paid $50?

Thu, 11/07/2013 - 12:13 | 4131130 Dr. Engali
Dr. Engali's picture

+1  LOl He's down a little over 8.5% in minutes.

Thu, 11/07/2013 - 12:14 | 4131147 alien-IQ
alien-IQ's picture

now THAT is worth $50 per share.

Thu, 11/07/2013 - 12:14 | 4131148 yogibear
yogibear's picture

It doesn't matter for the Fed. Their money is infinite. Their losses can be infinite as they use mark to fantasy accounting. Same as their member banks. Rule #1 always cook your books in fractional Reserve.

Thu, 11/07/2013 - 12:23 | 4131197 Al Huxley
Al Huxley's picture

I thought Rule # 1 was 'if you're going to play in the markets, make sure you're the one who writes the rulebook'.

Thu, 11/07/2013 - 12:15 | 4131154 Bosch
Bosch's picture

Hilarious

Thu, 11/07/2013 - 12:16 | 4131157 Agent P
Agent P's picture

Reminds me of that kid in line to see Santa in A Christmas Story....."I like the Wizard of OZ" 

Thu, 11/07/2013 - 12:08 | 4131113 bagehot99
bagehot99's picture

After my big wins on MySpace and Flooz, I am going all-the-fuck-in on Twatter. 

Champagne all round!!

Thu, 11/07/2013 - 12:11 | 4131129 walküre
walküre's picture

buy buy buy , no wait sell sell sell no, buy more, no sell some ,no fuck I'm broke and the bank is closed!

Thu, 11/07/2013 - 12:12 | 4131139 alien-IQ
alien-IQ's picture

getting ready to drop below opening price...and then....?

Thu, 11/07/2013 - 12:12 | 4131140 SheepDog-One
SheepDog-One's picture

Wouldn't it be funny to see a couple months from now Twitter IPO was the actual Christmas bonus to Wall St and it's sitting at about $20 mid December? I know I'd LOL.

Thu, 11/07/2013 - 12:14 | 4131144 Running On Bing...
Running On Bingo Fuel's picture

Come on guys, why so bitter? Buy some TwitterCoin.

Over.

Thu, 11/07/2013 - 12:17 | 4131164 Dadburnitpa
Dadburnitpa's picture

What's twitter?

Thu, 11/07/2013 - 13:08 | 4131448 prains
prains's picture

it's that mysterious chunk your white bath towel always seems to find, rendering any drying of the face impossible

Thu, 11/07/2013 - 12:30 | 4131230 adr
adr's picture

How many of you got it at the $26 it was offered to inside investors?

SO anyone that bought Twitter at the open of actual trading lost money. Everyone that had the privilege of buying shares before the IPO made 75% in milliseconds.

GO STOCK MARKET WEALTH EFFECT!!!!!!!!!!!!

Thu, 11/07/2013 - 13:10 | 4131461 prains
prains's picture

....see post above

Thu, 11/07/2013 - 13:10 | 4131460 1stepcloser
1stepcloser's picture

Kenny Powers Kept his word... Twits opened and he made it rain...bill board proves it

 

http://www.youtube.com/watch?v=c764JWVt5Fw

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