Mere days after the euphoria of Twitter’s IPO proclaimed by any and all as a great success, the bellwhether for all things Dot-Com-Bubble 2.0 has just entered its first bear market. Now down 20% from its $50.08 highs last week, Twitter now has a 3 handle ($39.99) as it seems the world wakes up to “unbelievable growth” that is ‘priced in’… Of course, with rumors that TWTR options trading starts later this week, it’s anyone’s guess where the machines take it next…
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/CZfHi9TxTpE/story01.htm Tyler Durden