According to a USA Today report, it would be difficult for potential buyers to acquire stocks of Twitter Inc considering the hype surrounding its much-anticipated initial public offering. Twitter expected to raise up to USD1.6 billion in its public listing in November. However, multiple reports and analysts had said that the IPO might be oversubscribed, and that investors would be fighting tooth and nail to get a significant share in the microblogging company.
Twitter would be selling 70 million of its shares at a price between USD17 and USD20 apiece. Twitter was expected to go public on November 7.
Average investors could reportedly tap secondary markets like SecondMarket and SharesPost to get hold of Twitter shares. Shares obtained in secondaries however, as the article pointed out, would usually contain certain stipulations that would make the investment illiquid for a while.
Average investors could also seek early investors in Twitter, and place investments on them. However, the article cautioned that average investors must ensure that the funds to invest in would offer the shares in IPO prices to obtain significant gains.
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