Media mogul Matt Drudge weighs in on the incredible rally for Twitter's stock.
He's not a believer:
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, 2013
In case you've missed it...
Some theories:
- Short squeeze.
- Funds buying it to say its in their portfolio.
- Investors suddenly believe that mobile ads will be huge.
- Something else.