Who says you can't predict the future when all the warning signs are present?

[global imrc]

Forget valuation, who cares that Twitter, Facebook, Linked'in are EXTREMELY overvalued. Who cares about value these days? It's all about future explosive growth isn't it? Hey if you believe Twitter today is in the same position of Google when it went public, then well look at Google, not a bad investment. A lot of people on Wall Street seem to believe that Twitter is going to follow Google's path and that's why they're buying. So who cares that Twitter is overvalued? It's as if fair value never catches up to investors (think most recently Tesla's run). Who cares about valuation right?

I do, in fact i think 1st quarter 2014 will bring a lot of ugly days for Twitter and Facebook at least in the short term. What are your thoughts on Wall Street's new favorite, Twitter?