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The Twitter (TWTR) IPO price was $26, but

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PraveenP   Thursday, 11/07/13 04:55:09 PM
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The Twitter (TWTR) IPO price was $26, but it opened at $45.10, traded as high as $50.09, and closed at $44.90.

If it drops into the $30's, or if it stays in the $40's range for a few days, I may buy some.

My book "Stock Trading Riches" has a section on my successful IPO technique - buying IPOs that have similar market share as a previous IPO.

For example, I bought the Visa IPO because the mastercard IPO was successful. I bought the Chicago Board of Trade IPO because the Chicago Mercantile Exchange IPO was successful, and I bought the Hyatt IPO because Hilton was a successful stock.

Now that the Facebook IPO was successful, I think Twitter will be good also.


Praveen Puri
Author of "Stock Trading Riches"
The Stock Trading Riches System discussion board: http://investorshub.advfn.com/boards/board.aspx?board_id=19287
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