Dude.. camera on a stick os not meant for the kids to go out in the city center and take videos. It is called action sports camera. There is a special use for it and when that is required everyone will carry it. Goto any adventure sports or action scenes and you will definitely will see them a lot.
You obviously has no clue about this product or it's use.
You are a paid basher for sure.
$22B market cap - $3.5B cash = $19B. FB paid $19B for whatsapp acquisition.
Short only if you think TWTR is not valued the same..
Eventually IBM might buy TWTR sor their social play.. IBM has no other options to survive in the changing landscape.. and it is going to happen sooner than you thing IMHO
Price tag for TWTR 60-75B is what I predict.
Expensive now.. but cheap for future valuation. Anyone who has been investing new generation companies should know well how wall st. values companies like this. You don't use the valuation metrics used to value the established companies. Can you tell me if Whatsapp acquisition by Facebook was expensive or fair?
TWTR is going to be huge.. well it already is. A little messaging app got sold for 19B.. what do you think this company which is compared to it's own universe is worth?? are you kidding me!!!
Actually chickyboy is working on his next classic piece for Nobel literature.. wonder why he is trolling a stock board.