Just one week removed from bringing public this overpriced, future disaster, dubbed TWLO, Frederick Wilson is cleaning house–as the shares continue to press higher.
Let us all remember the previous victims of F. Wilson’s IPO extravaganzas and suggest that this new Vonage might not be worth 15x sales. In other words, to value TWLO at $2.5 billion or 15x sales, while VG is trading at around 1.3x sales, one has to be cognizant of the chance that ticker symbol TWLO ‘could’ tumble 90% from current levels–down to 4 bucks–to find equilibrium with its peer group.
For the year, TWLO is expected to bleed out another $35 million or so.
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My shares are crushing the rest of the common stock market. Thank you.
These things tend to run for awhile. Sucks that I missed it.
“his latest and greatest cash incinerator”
LOL, missed that earlier post