I have pretty much beaten the proverbial dead horse with my comments on Twitter, but as I look back, they were nowhere near as much as when Facebook went public. Below is another TV interview where I look particularly good. I can say that because they interviewed me over the phone! http://video.foxbusiness.com/v/2816611949001/twitter-hype-overblown/ Twitter, the stock, is in an interesting spot right here. It looks like it wants to rally in the short-term, but because the line in the sand is so […]
Read More
Last week, Twitter began trading in one of most highly anticipated IPOs in years, very similar to Facebook. You can view my very negative initial comments here. http://investfortomorrowblog.com/archives/826. “Hot” IPOs like Twitter and Facebook are usually very emotional and as I have discussed over and over, emotion in investing can have a very detrimental impact on your portfolio! I went back and found similar IPOs to show you what transpired over the coming few months. The results should not be surprising. Facebook […]
Read More
The media and masses are all keenly focused on Twitter’s overblown IPO. Too bad you can’t trade it to the short side. Already, some knucklehead paid north of $50. Do people ever learn? While I do not think we will ever see the tech mania like the Dotcom bubble again in my lifetime, we are certainly seeing froth in the social media space and that’s not a good thing! The real news of the day that is now only a […]
Read More