I think that Twitter is definitely a great stop to invest in short-term. I think that it's business model is not so well-established and so in the long term for me doesn't really make sense. A lot of people are referring to MySpace and that is something I would look into. A lot of social networks are here today and gone tomorrow. So if you invest in this social network don't expect it to be long-term. But for now that it is definitely stable and is still growing so it is a good stock to invest in at the moment.
It's a volatile, speculative play with a few bucks that can be a good way for the advanced investor to generate a little alpha. Not something I'd advise a novice looking for stable longterm growth.
Well, I missed out on that little opportunity. I'm not big on Facebook and Twitter stocks, but you can always get some quick gains if a social media company posts better than expected earnings, or in some cases any earnings at all.
It's just damm funny to read this thread, and see JR's posts about his winnings here in there My investing IQ is very low, but I wouldn't compare Twitter to Myspace though... Whenever a category is created, the ones who go first usually get stomped right? There were several social media networks before Myspace we can't even rememeber... But that's common for the frenzy of a new category being created. At this point, the playing field has matured a lot. I also think the Mobile aspect of Twitter is kind of what makes it different. Anyway, like JR proved, it's not only what you invest on, but how you invest that counts, right?
Dang that sounds good JR. Looks like the Twitter stocks for today are down to $43.95 don't know what could have happen.
My friend had actually purchased stocks from Twitter before. He spent a few couple of thousand dollars. I am not quite sure how it turned out (I'd have to ask him) but he was just doing it for speculative purposes, hoping to make a short term gain. He said his "theories" predicted that it should snowball and earn him lots of money, but ... I'm not so sure about his qualifications . He did however influence me to think about investing in Twitter, perhaps another day.
I agree. I wouldn't invest in twitter. It's pretty much a short term fad. But if you feel like they'll come up with something new and interesting that will appeal to the public then you should invest.
It's almost at $50. I've gotten a good 60% in 3 months on the little bit I bought after the lockup period ended.
In my opinion, twitter is not a fad and it is here to stay. I am long on all social media, especially Twitter and Facebook.
