Matt Drudge Sees a 'Horrific' Crash in Twitter (TWTR)
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(Updated - December 26, 2013 1:00 PM EST)
Matt Drudge, of the Drudge Report, is questioning Twitter's (NYSE: TWTR) valuation and saying the "coming crash will be horrific"
Of course, Drudge, while a genius in his own right, knows about as much about the stock market as your local shoe-shine boy.
UPDATE: Matt followed up with more on Twitter and said this is just the latest example of irrational values in America (ie - bubbles)
Matt Drudge, of the Drudge Report, is questioning Twitter's (NYSE: TWTR) valuation and saying the "coming crash will be horrific"
TWEET STREET 2014: How does a company that has not made $1 profit now have stock value of $41 BILLION? The coming crash will be horrific...
— MATT DRUDGE (@DRUDGE) December 26, 2013Of course, Drudge, while a genius in his own right, knows about as much about the stock market as your local shoe-shine boy.
UPDATE: Matt followed up with more on Twitter and said this is just the latest example of irrational values in America (ie - bubbles)
America's inability to be grounded and rational on value of things and stuff is on full display at TWTR (NYSE)
— MATT DRUDGE (@DRUDGE) December 26, 2013Serious News for Serious Traders! Try StreetInsider.com Premium Free!
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