Originally Posted by DenverBrit
A few days before the IPO.
Twitter IPO More Expensive Than Facebook Without Profits
“A tech IPO like Twitter with no profit is an emotional event, not a fundamental event.
You either believe or you don’t,” said Max Wolff, chief economist and strategist at ZT Wealth.
“Above $26, I think this thing starts to look a little dicey.”
they've also been running for a while, how much debt do they have.
I know very little about Stocks, but this feels like 1998 when people were throwing money at comapines that were hot, but had tons of debt and no money coming in...