re: #192 lawhawk

Takes money to make money.

If you bought Twitter at its IPO, priced at $26, you’re looking at a very nice gain. It opened at just over 46.

It’s now trading at $72.35.

Doing the maths, on 100 shares, you would have made $4,635 dollars if you sold it today after picking it up in IPO. Over the past 30 days it’s up +70%.

All for a stock that hasn’t exactly shown a profit in any quarter, ever.

Some people are making a killing on this (but you needed to have money to do it - for instance Fidelity required $500k in assets to be considered for that IPO; other IPOs may require as “little” as $100k). It’s not for the little guy, that’s for sure.

Equal playing field for all! //