One day earlier this month, Jim Vidmar bought 1,000 fake Twitter accounts for $58 from an online vendor in Pakistan. http://news.yahoo.com/inside-twitter-robot-factory-232500935.html;_ylt=A2KJ3CbqyJNSHD4AVXTQtDMD
This is a good example of why I would never buy stock in Twitter. Way too many problems for a still unprofitable company.
I would have to agree. Twitter doesnât make much sense to trade based on technical fundamentals right now. There might be some value to the company given its user base but nowhere near $22 billion worth.