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I actually do suspect that's what's happening, yes.
by afterburner 13y ago
I actually do suspect that's what's happening, yes.
- encoderer 13y agoI think that's a little naive. The market cap of twitter does not make up for the losses in tech over the last 2-3 weeks. And that's as-if there is no new money in the game, that to buy one stock you have to sell the rest. Which means paying taxes. Not for macro reasons but JUST to buy a new offering? Twitter is not the only big IPO. There is no pattern of market turndown in the lead up to an IPO. The whole idea is a bit silly to me.
- afterburner 13y ago2-3 weeks? I was thinking just the day or two before actually, and only the handful of really popular tech stocks. Thanks for your patronizing put down though.