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Twitter Tags $50 Then Dumps Back Below Open Price
Nope, no bubble here... Having traded up to $50 (over 33x Price-to-Sales), it seems hitting every analyst profit target (aside from Topeka's Anthony) within one hour of its release was enough for most... The 'profit-taking" has started and now TWTR is trading back below its break price... But do not worry - everyone can rest assured as Cramer just said "we're out of the woods here." Of course, as everyone knows, it's not where you start, it's where you finish that counts...
Only Topeka sees more...
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Twitter to hit $80/share on the news they plan to open an office on the North Pole.
My scientific calculator asked me "cerealously?" & then turned off in a huff when I tried to figure out twatter's P/E, but on revenue of 318 million and losses of at least that, I'll SWAG that it's around 1800:1 backing out the losses.
Bernanke got to work, and Mrs. Debtfire's on deck.
No pressure to GoGo the MoMo or anything...and plenty of rocket fuel left in the printer.
50.09...
>33 P/S...P/E: [ Not Meaningful ]...
#WinnersOfTheNewWorldRedux
It's 11:30. Traders have to go have a 3hr cocaine and champagne lunch served by naked hookers before they come back at 3pm and blow it out to close at $55-$60
Cannonball!
Funny. My kids haven't pestered me for any Promoted Tweets, Promoted Accounts and Promoted Trends.
What a Glorious Muppet slaughter
Aaaaaand...it's gone!
Yea, we can read this like an open book.
Can't wait for the ZH article titled "Twitter in the Shitter"
What's the proper pronunciation of a Twit in past tense?
twarted
Twat
I feel bad for Myspace. They died between to dot.com bubbles
And it's gone...
SELL!!!! SELL!!!! SELL!!!!
Turn your machines back on!
*TURN YOUR MACHINES BACK ON!*
That's your job, Stoploss! We're ruined!
hoocoodanode?
Current Pets.com stock price at #TwitterIPO
How's Tweeter Home Entertainment doing?
They were liquidated in 2010. Dead as a doornail, or similar piece of inanimate ironmongery.
The ticker is but a ghost.
MERRY CHRISTMAS WALL ST!
O HI Randy and Mortimer! Hey how'd you fellows do today? We just bet $1 that we could get rich while putting you in the poor house!
Let this be a lesson to those fools who had to buy twitter at the open.
There is a big club out there that makes money off twitter, and you ain't in it.
Looks like twitter just had an #ORGASM.
pods
Now is the part where Twitter realizes that it is in Thailand, and the young lady it brought home is peeing standing up, and it looks like there's some kind of discharge....
Which is similar to the part when you realize, after going all in on his advice, that when Cramer says "we are out of the woods here" you should sprint into the forrest without regard to life and limb, driving over people if necessary.
One night in Bangkok and the world's your oyster
The bars are temples but the pearls ain't free
You'll find a god in every golden cloister
And if you're lucky then the god's a she
I can feel an angel sliding up to me
Man, I was WAY off on those lyrics, never had a clue what they actually were.
I never realized it was about chess
Woman: #timetocuddle
Married Man: #timetosleep
Single Man: #timetoleave
@PODS It's a natural zesty enterprise. But when the orgy is over she was just another wallstreet ho.
Analcysts are lemmings
It's just like when Alderon blew up!!
Word just got out that teens are using it less now than they were a year ago. I guess that's what you get for having a business model based on Justin Bieber.
My kids are not teenagers anymore. I dont know what social media thing to us anymore.
yes, Justin, the same spoiled punk ass brat who was seen leaving a brothel in Brazil. I hope he gets the clap or something worse and his little dick falls off.
Infinite Fed money to juice this market. IPO mania continues.
Hurry Siverlake (Goldman Sachs partner) and other private equity groups and offer your companies as IPOs while it's hot!
It's 1999 only for a short time. Fund mangers are full of cash and ready to buy billions in IPOs.
Time to unload your private offerings to buyers!!!! Sell them while it's IPO mania!
Piranha feeding frenzy when the bird fell in the water.
maybe ill buy some when it hits a dollar, like fuckbook.
it would still be overvalued there
What a sad spectacle this is.
85 bil a month 4eva
With Yellen it could be $1 trillion/month.
Oh my the frenzy and the drop after the high.
DOW 36,000 and above. Zimbabwe levels.
Fed want's to surpass the DOT COM bubble.
Euphoric!
TOPEKA is short
Looks like all the people that bought yesterday..are selling today....go figure..it was all the fundimentals..yeah right...its the clan and their computers..and of couse the % they make on this deal
"Pump & Dump Event." @ Thu, 11/07/2013 - 11:13 | 4131142
This ZH article posted 2 minutes later at 11:15. [takes a bow]Buy it, hold it and don't worry. God will take care of your stock.
Over.
Muppet Rape.
You just made me giggle. Kermit grabbing his legs, sobbing and screaming, while a suited banker gives it to him dry. Of course Ms. Piggy is there taking photos to post on the internet while Animal jacks off.
We need the Kermit BOHICA photo.
pods
Yep yep yep. I overheard this bullcrap being talked about at a Panera (grosely overpriced, somewhat bland lunch) and just cuckled my ass off (mostly on the inside though some could not be contained).
ALL IN Bitches!!! Hope you don't have a 401k little Panera muppets.
Penny for your thoughts...
Great. A penny for your thoughts, but you have to put in your two cents worth. Another rigged market:-(
So how is it a "buy" if it's trading at $45, yet only 2 analysts have a price target above that?
It's not just about killin' it on a rigged market.
At least 1/2 the fun for Wall Street is seeing that 90% of retail got relentlessly slaughtered intraday, whether buy @ 50 and close @ 32, or buy @ 32 and close at 22.
The span of retail's pain is watched closely by the Druish Danes.
Anyone wants to buy my company for P/S 33?
...and for P/S 3?
Cramer just said "we're out of the woods here."
I quit watching CNBC a couple of years ago. What does "we're out of the woods here" even mean? Seriously. Does that statement have any logical point? Is that just more random spew from the carnival barker? More insane ravings from a sociopathic clown? What? What does that mean?
+1 to the pic and the handle. Reminds me of Sunday evenings as a kid. Thanks.
Well, Hoss, ike all of Corporate America's vague buzz-words, it means nothing. It only fulfills the purpose of keeping people calm, heads down.
I'm gonna' launch my own social-media juggernaut and I'm gonna' call it "Wanker". And soon everybody will be saying, 'Check out my Wanker' and 'Wank me when you get a minute'. Who wants in?!?
I'm in... Put me down for 10,000,000 @ $0.001
And you will be FIAT RICH beyond your wildest dreams, my wise, first-investor! You will come to be known as the "Warren Buffet of Wanker", or simply 'Wanker Buffet' in the coming years. You will host an annual meeting of gibbering-idiot shareholders which will be be euphemistically referred to as, 'Wankstock for Capitalists'. Together we will become smug, greasy, condescending and omnipresent. We will dine elegantly with kings and heads of state, feasting sumptuously upon hookers, blow and the hopes and dreams of the lumpenproletariat. Wank me later and we can discuss it further. I'll wank you from my wankphone when I get off the plane. Oh, and keep saying "wank" a lot. If enough high-profile dipshits do it, then all the idiotic sheep will follow- just look at face tattoos!
It's 11:30. Those pesky Europeans are closing up shop and it's time for the market to reach glorious new stratospheric highs. Remain Calm...All is well...
This is it. This is the IPO we've all been waiting for.
Proof that NOBODY learned a THING from the dot com collapse.
Yes - The Tweeting Is On The Wall
Or from the housing buble mania and collapse....people are basically dumb animals ready to pile onto the next mass mania.
No wonder the 'elite' think nothing of fucking over the peasants, I can see their point.
I think this slide may be my fault....I deleted my twitter account about an hour or two ago.
My 11 total tweets (that I don't remember 'tweeting') and 140 followers (I have no clue who they are) being gone (well, in 30 days they will be) must have broke something.
Sorry y'all.
If i'd bought a quadtrillion shares of twitter. .
i wouldn't have to work all day. . .
it's a tweetster's world. .
aah, all the things i coulda done. . .
Seriously, if you are not running a high frequency algo, there isn't any reason to pay any attention to the markets at all. It's just so stupid.
we've had many "this is it" events (referring to the peak) over the past couple years. but if twit closes closes above $50, this might be the final rediculous event of this market.
Muppet: SELL!!!
Wall St: To Whom?
Its lunch time and the excitement is over. Nothing to see here folks. Its just another trade. Tick chart giving a "sell."
Twits love Twitter.
Yea it's far more ridiculous today than the dot.com bubble. In fact, I'd say by comparison the dot.com bubble was far more legit than anything we're seeing today.
AH....changed your comment before I could post my reply.
Like I said yesterday: They put it on NYSE, for the insider bump. They've just sold, is all. Muppets are, again, bagholders.
Pets.com
Facebook
Twit....err..
What's next?
Another.Suck.err.net
I wasnt going to take my full 10,000 share allocation, but reading ZH convinced me. Thanks again.
I wasnt going to take my full 10,000 share allocation, but reading ZH convinced me. Thanks again.
Where can I buy some Webvan?....
Well, TWTR closed at over 44 bucks a share, a gain of over 72% above its opening price, which makes Twitters market cap somewhere in the neighborhood of 31 BILLION in value.
Did I just say value? Oh sorry ZH'ers. Of course Twitter is worth 31 BILLION dollars, right?