Quote:
Originally Posted by deeLow
Definitely picking up twtr soon. I missed FB at 18, twtr in low 30's multiple times and aapl back at 92.
I always tell myself to buy these 3 and I always buy something else. Not anymore
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What exactly about TWTR's business is appealing? The stock being in the 30s is no accident. They have never been profitable, their revenue growth last quarter was abysmal, and they are still just a website.
Do you understand how they make money?
I'm my opinion, TWTR should ONLY be a short term trade on a potential bounce. Even at a $23b valuation, it seems expensive to me. Why should it go higher other than speculation?