Nope, no bubble here… Having traded up to $50 (over 33x Price-to-Sales), it seems hitting every analyst profit target (aside from Topeka’s Anthony) within one hour of its release was enough for most… The ‘profit-taking” has started and now TWTR is trading back below its break price… But do not worry – everyone can rest assured as Cramer just said “we’re out of the woods here.” Of course, as everyone knows, it’s not where you start, it’s where you finish that counts…
Only Topeka sees more…
     |
via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/c8XscMAZV2I/story01.htm Tyler Durden