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Do I look Nervous That Twitter Just Dropped Below Their Initial IPO Price For The First Time Ever?

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CNBC – Shares of Twitter, which have been tumbling down a slippery slope for the past few weeks, fell below its initial public offering price of $26 Thursday afternoon.Company shares were trading down nearly 6% during regular trading hours, and fell below $26 at about 2:30 p.m. ET.The company went public in November 2013, and hit a first day closing price of $44.90 and hit its record high of $73.71 in December 2013.Twitter’s dramatic stock drop came a few weeks ago after the company reported grim second-quarter earnings, which included the slowest user growth rate since the company went public.

 

See here is the difference between me and everybody else.  Some may see the twitter glass as half empty.  I now see it as half full.  Yes I bought Twitter at 52.  Yes I loved it at 47 and bought it again.  I couldn’t believe my good fortune when it fell to 40 and bought it again.  I refinanced my house so I could buy it again when it fell to 35.   I know “investment people” say “Hey Pres don’t have all your eggs in 1 basket” blah, blah, blah.   Well that’s EXACTLY what I’m doing.  I’ve invested in one stock in my entire life.   I own Twitter and nothing else.  And if you told me when I bought it at 52 that a few short months later I could own it at a lower price than it IPO’d for I would have called you a fool.   But I’m man enough to admit I was wrong.  I never dreamed I’d get this opportunity.  I mean to be able to own it at below it’s IPO price? #Blessed. What a great day to be me!   We’ll see who is laughing when the board fires that chump CEO and makes me the new President.  You think I sell a lot of tshirts now?  You ain’t seen anything yet!   Twitter tshirt train to the moon!