How do these companies make any profits though? And how safe is it to invest stocks with them? Hmm. Seems too fishy for me. Someone mind explaining?
My guess is all the very easy money has been made in this sector - i.e. the main gradient of the slope. I may be wrong, and that's what a lot of people are betting on, but technology as a broader sector obsoletes faster than any other sector, and today's leaders are likely to be tomorrow's also-rans. Even now we should really be thinking about technologies currently being run by private companies that are going to be the next big things in sector. Get in early to get the better returns, though not too early as you may be throwing your money at a dud. That's the balancing act.
I dont know about Twitter, but I would invest in Facebook. They are ample opportunity for growth and they make money from advertisment they have.
$TWTR has a 2 handle today, and it's attracting my attention. Wandering around $28-30, some traders are expressing the opinion that it is quite oversold. I agree. I'm thinking the stock price is still feeling the effects of the ER and brutally honest press conference coupled with the overall market malaise and it's August. Four of the last five Augusts were diwn. I'm looking to gather some ammunition. BTW $AAPL is in the same boat, down 10% and noodling around its 200 day average. Time to gather some cash to enter a position.
