Twitter Tanks

Discussion in 'Penny Stocks' started by JadeDoo, May 6, 2014.

  1. JadeDoo

    JadeDoo Well-Known Member

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    The stock tumbles almost 18% today, making a 26% lost in just 1-month. It's still overpriced right now imo, but it's starting to get a bit interesting for me. Very volatile stock driven heavily by speculation so who know where it'll be in a a couple months but I think the possibility of it getting to $20 before the end of the year is there. So still an bit too early to get in right now. Any other perspectives?
     
  2. Dex

    Dex Member

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    It's a company that doesn't make money. Popular cult stock like Pandora
     
  3. JR Ewing

    JR Ewing Super Moderator Staff Member

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    These heavily hyped high flyers are great to have puts on. And when they really get beaten down they can be good to buy calls on or perhaps small speculative long positions on if you think they'll bounce back.
     
  4. wanderingwildman

    wanderingwildman Well-Known Member

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    Oh wow! That was quite the jump. I couldn't see twitter being a very good investment. I don't think stumbleupon or any of those other similar ones will do anything.
     
  5. uggonen

    uggonen Well-Known Member

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    I personally wouldn't invest in Facebook, Twitter or any other social media. I just don't believe in them.
     
  6. Gelsemium

    Gelsemium Senior Investor

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    I think it's not possible to compare Facebook and Twitter really uggonen, Facebook is a certain bet, while Twitter it's not the same thing, I don't think it has half of Facebook's reliability.
     
  7. tradingpulsealpha

    tradingpulsealpha Active Member

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    We are witnessing the burst of a partial bubble (internet) valuations were silly
     
  8. Abqu

    Abqu Well-Known Member

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    Me too. I'm not sure how sustainable the model is. I don't see them being profitable in the long term.
     
  9. JadeDoo

    JadeDoo Well-Known Member

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    Another 5% down today. "There is no such as bad assets, there are only bad prices". With that said the question is how much is it worth. Still to expensive for me at the moment.
     
  10. uggonen

    uggonen Well-Known Member

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    Still wouldn't invest in them. I think both of them are about the same. Both are social medias and don't see them lasting for a long time as good stocks.
     

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