articles

Short twitter?

Tom Winnifrith Monday 11 January 2021

 

Share this

The big tech stocks have led the US markets ever higher and valuations as a whole for this subgroup look, to me, to be stretched. But I have been saying that for a while so you may choose to ignore what follows. However, while I have compared shorting such enterprises to standing in front of an oncoming express train waving your red flags, is there now a case for shorting Twitter? At $47.42, the market cap is $37.8 billion.

Read the full article

Filed under:

About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Read next

Rand Paul for President - Ron's son on impeachment, what the BBC doesn't tell you

His father, Ron Paul, is my hero and the Senator for Kentucky was in full flow yesterday as the impeachment process begun. It is a sham and quoting the words Trump used in full and not selectively on January 6, as the BBC opts to do, Rand showed that clearly. This process will not unite America it is just another demonstration of the #TrumpDerangementSyndrome still gripping the liberal elites and, of course, the BBC.  that is why Trump will not be impeached as the process needs a 2/3 majority which it will not get. It is thus pointless as well as a sham. Take eight minutes out of your day and enjoy:

Wednesday 27 January 2021
TomWinnifrith.com Copyright © . All rights reserved.
Created by Everywhen