I appreciate you bringing up TWTR as it wasn’t on my radar. I think there will be a time to buy TWTR. I don’t think this is it.
When your comparable that shows it is cheap is NFLX, it isn’t really cheap. P/S is a tough number to bargain shop with (because it doesn’t account for the profitability of the product) and I’d want to see a very compelling number before pulling the trigger.
SWKS is 3.7.
LGIH is .74.
For an example of a stock that had a P/S number around 6, but crashed another 75%, see DDD. My recollection is that it had P/S of 6 when it was around 28 (it was down 60%!), and now trades at $7. That is down almost another 75%. Unfortunately it has a ways to go down.
That said, when I look at the quarter over quarter numbers for twitter, I see even faster growth in revenue than you do.
“Q3 revenue of $569 million, up 58% year-over-year, and above the previously forecast range of $545 million to $560 million. Excluding the impact of year-over-year changes in foreign exchange rates, revenue would have increased 64%”
For the 9 months ending in September 2015, revenue growth of more than 60%. That is impressive!
Still, I think you are going to see a better entry point.