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Old 11-08-2013, 01:06 PM   #22
B-Large
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Quote:
Originally Posted by DenverBrit View Post
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.”

http://www.bloomberg.com/news/2013-1...t-profits.html
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...
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