$TWTR: Risk unloaded onto retail

Congrats to everyone who cashed out, got some of the IPO, or traded it for a quick buck. Pundits are obviously doing the bubble dance, seeing that the company has never made any money, and is not expected to do so until 2015:

Part of that difference is down to the fact that Twitter bleeds cash while Facebook gushes profit. After losing $80 million last year, Twitter posted a net loss of $134 million for the first nine months of this year, according to a company filing with the Securities and Exchange Commission. It has never been profitable. Facebook, in contrast, grew profits for at least three years to $1 billion before it went public.