Seems many people sold Spec Stocks for Twitter cash...
Again, I say, there is no reason why Zynga and Glu Mobile are trading under $4 and I believe Glu will rebound from here just as Zynga sold off up to five days after earnings and rose very well.
Smart people will sell TWTR after hours and jump back into ZNGA and GLUU.
I think "Twit" will be trouble. IPO is now around $26. Lot's of buying at open. But as odie says it will drop soon enough. The use of twitter is near its peak. I really don't see this as a good play. Yeah, but then again I'm holding Zynga and Glu, so, go figure.
For once I agree with your logic. Twiiter is likely to replicate the Farcebook IPO.
However, a move back into ZNGA is a short term trade only--day or days trade.
This isn't investing.
Fine, if you cop up to it.
Long term, ZNGA is in trouble.