Fast Money Traders Weigh In On Twitter And Salesforce

Dan Nathan spoke on CNBC's Fast Money about Twitter Inc TWTR. He said that he knows the company loses a lot of money, but he thinks there is not a lot of risk at its current price level. He is optimistic about the stock because of its high sales growth.

Related Link: False Hope: The Street Believed Twitter & Salesforce Rumors For Too Long

Guy Adami thinks that the floor in Twitter could be somewhere around mid-teens and he expects that short sellers are going to press on the stock. Adami has also mentioned salesforce.com, inc. CRM. He knows its valuation is crazy and that the stock hasn't been trading well for quite some time, but after the company walked away from the purchase of Twitter, he expects it to trade higher.