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Why Steve Ballmer Is Probably Right About Twitter

As naysayers exhibit doubts about the profitability and revenue growth of Twitter (TWTR - Get Report) , Steve Ballmer's validation of the microblogging site has breathed new life into the company's stock.

The former Microsoft (MSFT - Get Report) executive recently announced that he'd picked up a 4% stake in the company, which is an even larger chunk than that held by CEO Jack Dorsey.

Lauding Dorsey for making the company "leaner, more focused" and Twitter's features such as Moments, Ballmer's tweet about his investment sent shares of Twitter...