Twitter unsealed the documents for its planned initial public offering yesterday and says it hopes to raise up to $1 billion in one of the year's most eagerly awaited stock market debuts.
The documents revealed for the first time how much money the social networking company makes, which has
been a long running mystery. Founded in 2006, Twitter has never turned a profit and has an uninterrupted history of losses totaling $419 million since its inception. But its revenue is growing and we thought we would ask.....
Loading ...Take a moment to vote, leave a comment and follow us on Twitter.
Every Success,
The INO.com team
Has anyone seen this chart on "Tweeter"?
http://quotes.ino.com/charting/?s=NASDAQ_TWTRQ
Apparently, some traders thought that Twitter (soon to be TWTR) already went public this morning.
HAHA, Thanks for sharing Goldman. The volume is out of this world on that symbol today.
Cheers,
Jeremy
I will wait to see what the charts tell us. Take Facebook as an example, if you bought on the IPO price it took some time to recover. If you waited until Market Club triangles turned positive, you would be a much happier camper!
I think that's a good plan Paul. I'm going to see how the Trade Triangles develop about 3 weeks into the IPO release.
I think that Twitter has great earning potential. My teenage son along with his friends use it almost exclusively now. Amongst the teens it has replaced Facebook as a social online gathering place.
I'll wait until after the initial offering to take a position. Most of these tech stocks drop for the few first months and provide a better entry point than from the get go.
Cheers,
Jeremy
THE POTENTIAL MARKET IS THERE FOR TWEETER, HOWEVER, WITH MY LIMITED MARKETING KNOWLEDGE IN MEDIA, I CANNOT IMAGINE THE PROCESS TOWARD PROFITS.
I WILL BE SPECULATING ON IT THOUGH.