I can see my brother cringing now — I am giving financial advice. I can’t help myself. I just read that Twitter raised its IPO price range to $23-25. That means the the social network stock is in high demand. I can’t just look away. I had to discuss this opportunity with you. The books on the initial offering may have closed today, and the shares start trading this Thursday. But you can still buy at a relatively low price when it starts trading, and it should rise fast.
No one knows how well this stock will do, but investors are betting that a company that lost $133.9 million in the first nine months of 2013 is worth $13.6 billion. Most folks in the digital community feel Twitter has a young, large, and influential user base that has positively impacted the world so far and will continue to do so in ways that haven’t even been explored as yet. The potential is huge. Twitter is considered the social media darling.
In my non-expert opinion, the stock could possibly be another Apple. People made fortunes on Apple. However, those that couldn’t stand the stock’s volatility pulled out their money before it reached its peak. If you are not a risk taker and freak easily, don’t buy. This is a long term investment.
To be listed on The New York Stock Exchange, the ticker symbol will be TWTR. Good luck!!!!
