So of course the IPO never happened at $26, only to the insiders. Then jumped to around $80, now that the lockup period is over the stock is down near 34. Anybody get scared & sell or any buyers lurking? Hits 30 then I'm in!
why is that? Its like anything in life, ya gotta take a chance.
EX. GAMBLING GETTING HITCHED (Costs you more in the end) EX. TOFTT ...............LOL Please explain, stock should see 80 again within 18months. Double your money is always nice
You have used the correct word - Twitter stock (along with quite a few others) is more like gambling than investing. You are trying to catch the stock at a specific price hoping it is simply cheap and likely to go back up. That could happen - or it could continue down. Its not total luck as you have some reasons to believe the stock has some intrinsic value based on its earnings or potential for earnings in the future. The issue is whether the market will recognize that value at some specific price around your entry point and then go back up to 80 or more. That doesn't always happen - and you may or may not be privy to all the data you need to make an informed choice. But I can't fault you for not understanding that buying a stock like Twitter as it bounces around is pretty much gambling compared to buying more traditional companies with a long track record and a dividend at a reasonable price.
I have taken a flyer a time or two on a stock like Twitter - but I made a lot more money buying GE, WFC or O at a good price and collecting the dividends. Kinda boring - but profitable
Agreed and a few you mentioned are in my portfolio as well. I'm by no means a Wall Street Guru or a day trader, but without some risk life would be very boring. Obviously diversify, I think we all have taken some risks here & there (anyone say penny stocks) mjna, siri??? Eggs in one basket? I THINK NOT. Invest, have fun, be careful & don't watch it everyday or you'll go loone
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