Thread: Investing 102
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Old 11-10-2013, 12:45 AM
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Vince@Meanstreets Vince@Meanstreets is offline
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Quote:
Originally Posted by toy71camaro View Post
I've just started using twitter. its actually a really great interaction tool.

That being said. I didn't have the money to gamble. LOL

The initial IPO i think was $28. that's what the initial people got. But I read the first sale on the "open market" was for around $48. So unless you got the inside scoop on the IPO price, you didn't make out like a bandit. yet, anyway. Only time will tell.

however, they haven't been profitable. So like Facebook, I'm curious to see what they do to become profitable. Obviously Ad's, but they've got to figure something out that doesn't overwhelm the user base with nonsense adds and drive people away too.
exactly....not a good investment till they start making money. You'd think people would have learned from the Faceplant fiasco.
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