I understand it is difficult to put a valuation on a company with no revenue, so maybe you guys can help me.
GOOG (long common) no profits but GG
AMZN (long common) no profits but Delivery
TWTR (long puts) no profits but what? What is the future?
This is one story beyond my understanding.
The longs have won the game so far. Well done. I'm toast on this trade.
You refer to only one icon? How about the Hemsley Place on Central Park? Location, location, location. This REIT appears to like high-end NYC property (although, I prefer the Ritz Central Park and Trump Central Park when visiting), their strategy works for me! Grab a few shares and check back in decade.
If TWTR is worth $50, why didn't GS bring it to market at $50? The whole offering was a joke...GS instantly makes 50% and they have a ton more shares to you...line up, they are waiting.
IPO allocations are expected to be held for 30 days. It's not a rule (hard and fast) but if your broker gets you some of an initial allocation of any IPO, it is hoped that you will support the issue by not selling for the quick flip. If things get really ugly in the market, TWTR will drop fast.
What you refer to is the total amount of outstanding shares. Of the total amount, 80 mil was sold during the initial IPO. Company insiders and early angel investors own the rest. Some of the remaining shares will come to market for the public to buy in what's called a "secondary offering". It is in the best interest of the insiders to keep prices high, or even higher, so they can profit from the secondary sales too. Secondary sales are dilutive in nature to existing shareholders. Hope this helps.
Thank you for your insight. It's a brilliant idea to blame others for your own financial mistakes. That way you don't have to feel stupid, just less wealthy. Enjoy!
2010 Google offers $8B to acquire Twitter - Offer declined
2011 Facebook offers $10B to acquire Twitter - Offer declined
2013 Twitter goes public - Current valuation $24B
Seems a bit too rich at $24B