This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Jim Cramer: Twitter Deal Will Be a Circus

Stocks in this article: FBGRPNAAPL

Editor's Note: This article was originally published at 6:55 a.m. on Real Money on Sept. 13. To see Jim Cramer's latest commentary as it's published, sign up for a free trial of Real Money.

NEW YORK ( Real Money) -- The Twitter deal will be a circus. Everyone will want some. All I ask is that the people who run the deal not screw the public. Can that be done? Can they make it so it isn't Facebook (FB)? So it is not Groupon (GRPN)? Can they do it so there are winners all around?

These are my first thoughts about a company that I admire and use around the clock -- literally around the clock given my insane nonsleeping habits.

As my friend Jon Steinberg, the COO of Buzzfeed, said on a fortuitous booking on "Mad Money", Twitter is the train tracks for the new media, it is what all of the news and the ads and the social commentary run on. It is what advertisers want as much as they want Facebook.

Now Twitter's filing early. We don't know much about the company yet. But we do know this. There is a price for everything, and the price for social media has been wrong pretty much every time. Even with the best deals there has been a better price than the opening price on the deal about 90% of the time, although rarely do you get one where the price is below where the deal actually came.

Steinberg said tonight we're all guessing about what Twitter's worth. I agree. I had it pegged at $20 billion though. Why $20 billion? Because if it were much less than that I believe the company would have been bought already by someone else.

That's the only back of the envelope calculation I want to make.

One more point: Apple (AAPL), it is still not too late to buy Twitter. $20 billion's a rounding error. Force the error.

Random musings: Congrats to our own Rocco, who will be on "Squawk Box" this morning talking Twitter.

Still liking that call about Mercadolibre (MELI) by Herb but disagree in criticisms of Ulta Salon (ULTA).

At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, was long AAPL and FB.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
DOW 17,810.06 +91.06 0.51%
S&P 500 2,063.50 +10.75 0.52%
NASDAQ 4,712.97 +11.1030 0.24%

Our Tweets

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs