"Consider…
We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.
— Twitter (@twitter) September 12, 2013
Reg X, to invent a generic international securities rule, says that if your price-sensitive news leaks, you need to tell everyone you can reach ASAP. Hence the tweet above from Twitter in response to educated stories that the company plans to float, SEC permitting?
Well, either that or Twitter just decided upon a stylised news announcement, which is just as likely.
Whatever. Snap Alphaville investment advice: Buy then Sell."
'via Blog this'
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