sobota, 26 października 2013

Wealth managers say they hear 'nary a tweet' for Twitter's IPO

People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in Warsaw By Lauren Young NEW YORK (Reuters) - Twitter Inc has set a relatively modest price range for its closely watched initial public offering, but some financial advisers say their clients are not clamoring to invest in the social media phenomenon. "Nary a tweet," says William Baldwin, president of Pillar Financial Advisors in Waltham, Massachusetts, when asked about client interest in the deal. Out of 29 broker-dealers and independent advisers contacted by Reuters, 23 said they are not recommending Twitter shares. Only one said he would recommend it - and only to certain clients. ...








via Tech News Headlines - Yahoo! News http://news.yahoo.com/wealth-managers-hear-nary-tweet-twitters-ipo-195813234--sector.html

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