Even at $26.00 a share...the IPO price...it's valuation would be 14 times it's 2015 projected revenue.
Compare that to
(a) Face book....at 7X
(b) Linked In ....at 8X
(c) Yelp .............at 6X " "
Twitter is projected to lose $1.00 a share for 2013 and .lose 86 a share for 2014 by MKM partners
who yet initiates coverage as a buy with a $50.00 target.
This seems laughable to me.
I could be wrong but I'm thinking it goes well south ...back toward that original IPO price of $26.0 and
Agree.....they have no revenue ...their price be certainly not be greater then the IPO
initial price.....will be back down there soon.
With no major impetus (news) for any mass move in the near term, the market makers will
be able to keep this near $10.00.
Huge Call and Put volume both at Nov 16 and neither gonna pay much.
Is this Kelly Mcdonald the comedian who was once on the johnny Carson show?
Why did the analysts have the 3rd quarter figured to be so much worse then the 2nd quarter?
Granted they were off the mark on the 2nd quarter, but is there something about the 3rd quarter I need
to know about? Anyone?
There is not a sufficient pool of car buyers for a car this expensive. Into the tank she'll go.