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Twitter IPO Was A Non-Event For Fund Investors--- And That's A Good Thing

Comments

  • Turtle
    a company needs more than hype to become a good stock. Promotion and wishful thinking sometimes outweigh common sense in this market.
  • fundalarmfundalarm
    i kind of assumed that MSSGX had twitter; there was no other possible explanation of the agressive small cap growth fund losing only 57 bps on a day like yesterday. these guys get first dips of many tech IPOs and hold them, don't flip them, which worked disastorously with GRPN. this is 1.5% of my portfolio and will stay this way.
  • scott
    I think you will see some of these mobile companies last, but the enthusiasm is getting very 1999 imo.
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