It’s a safe bet since the entire market is over-valued, inflated, bubbled due to Fed QE buys.
If these are more so than others, I wouldn’t argue. When this bubble breaks, we’ll all be back to 2009 or worse.
The only one I question would be Amazon/Ebay which actually are selling products and getting income
Twitter just went public...after the dust settled, the company was valued at $32 Billion dollars.
For nothing.
No profit. Nothing particularly proprietary. Not much book value (even if they own servers, they constantly become obsolete).
$31 billion built out of nothing.
Facebook was $115 billion. It amazes me.
IMHO Morgan Stanly wants to run the show.
Either believe they are the smartest guy in the office, or they will hold their breath until the Medial looks at them.
Enron 2.
The reason linkedin is seemingly so popular is there are millions using it to try to find a job in the barac Osama economy.