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A comment on TWTR. Parent comment

Re:TWTR by tootie on Thursday November 07, 2013 @12:47PM (#6690914)
The market still has to be willing to buy at $40+ which they evidently are. They do this expecting to sell down the line for even more.
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Re:TWTR by corford on Thursday November 07, 2013 @12:52PM (#6690968)
So in effect it's just one giant speculation game that everyone's in on and the only trick is not to be left holding shares when the hype stops?

I guess I'm fine with that as long as everyone playing knows the rules (although it's tough for the index funds that have no choice in the matter).

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Re:TWTR by tootie on Thursday November 07, 2013 @01:02PM (#6691052)
That's an oversimplification. For one thing, stocks can pay dividends even though few do anymore and Twitter seems unlikely to do so any time soon. Also, there's no reason the hype needs to ever die. GE has been trading for 120 years.
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