Tweeter Home shares explode

Excitement for Twitter’s coming IPO is running pretty high – so much so that some investors on Friday mistook the nearly worthless stock of long-dead electronics retailer Tweeter for the “tweeting” site, sending shares up more than 1,000 percent.

Fuck people are stupid.

  • Face.. to… keyboard….

  • jtr3

    Let me guess, Tweeter stock was overpriced, just like all their inventory.

  • bradybone

    I feel stupid for not knowing about this and buying at $0.025 and selling at $0.10 within an hour.

  • sincarne

    Happens more often than you’d think. I worked for a company that was traded on the TSE. It had the same two-letter symbol as a massive Mexican company traded on the NYSE. One day our stock shot up massively in price because the Mexican firm had beat analyst projections.

  • The stock market in a nutshell.

  • Billy Razzle

    Damn, if only I’d known.

  • Colin Mattson

    I’m amazed people not only thought Twitter IPO shares would trade for a nickel, but also went looking in the boneyard of the pink sheets for an IPO.