iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

Of Course We’re Buying $TWTR

It is the railway of all information. Those of you who are hating on TWTR because of valuation are just haters. You will never make money in the market–because you’re not built that way.

When I bought FB at $32, many of you mocked me, as it careened down to $18. Now that it’s above $50, you are firmly in the ‘fag box‘, tightly fitted, not leaving any time soon.

I can look at charts and confuse myself as to where I want to place my chips. Or, I can rally around what I know.

This is what I know.

YELP is a winner.

GOGO is a winner.

TRLA is a winner.

BALT is a winner.

ALJ is a winner.

My new buys will be in the tech space. I will own WDAY because the people running it (old PSFT gents) know how to beat street estimates, every single quarter.

I want to own ANGI, YY,  TRIP, Z and maybe a little OWW. I want to buy retailers into black friday. Names like AEO and ANF are dice rolls. But KORS and JWN seem like dunkshots.

And lastly, I want to own TWTR at any price. Do you know why? Because when you are buying a winner, you can do so at any price and know that eventually you’ll make money.

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21 comments

  1. Bullish

    I second that Twitter buy at any price!

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  2. quint

    Opening print will be $50, after pricing at $40…and I would buy it too.

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  3. the_ambassador

    Absolutely agree with you. I honestly cannot fathom anyone not doing so. Twitter is a no-brainer. (PS — Kudos to your BALT call. I was in on it with you. Looks like you’re going to have the last laugh on that one. And some big bank to boot.)

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  4. acehood1

    You want to own JCP also.

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  5. YOU WILL KNOW ME BY THE TRAIL OF BLOOD
    YOU WILL KNOW ME BY THE TRAIL OF BLOOD

    Take notice: BLOX.

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  6. budh

    Thanksgiving is late this year. Do you think that will disappoint the retailers?

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  7. fifty2weekhi

    Did you expect the drop on COH 2 weeks ago?

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  8. xxxhuggiebearxxx

    twitter is a great buy and undervalued. They will replace incompetent management and ultimately monetize the shit out of it.

    ANGI will be sold off at auction in 18 – 24 months. Might be worth buying then….

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  9. matt_bear

    a lot of people are going to be scared of the twitter ipo because of the Facebook mess….so naturally, twitter will take off post ipo price and never look back.

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  10. dynomite

    The Euro just capitulated earlier this hour. I snatched some.

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  11. kapitalist

    Any interest in MEET as another social media play?

    Last quarter’s earnings: http://www.businesswire.com/news/home/20130808006180/en/MeetMe-Reports-Quarter-2013-Financial-Results

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  12. og

    Sounds like some other social media names might get sold off so people can buy twitter.

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  13. ironbird

    Senor Fly is absolutely correct. Being a former loser stuck in the fag box not listening to wisdom. YELP came and the pure genius of IBC with The Fly as leader showed this pleb the light.

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  14. ironbird

    Massive hit piece on Schiff on Bloom. Gold is falling why talk shit to the bulls right now? Getting the propaganda rolling before the queen of the doves takes over?

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  15. razorsedge

    and if you waited to buy fb @ 20-21?

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    • speculativepig

      Then your name would be engraved on the steps to the Fag Box, Embossed for all to see…

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  16. StockOsaurus

    TRLA is a winner??

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