$TWTR dropped down into the low $28's on Friday afternoon. Buy TWTR again on a drop below $27 for a trade. Long term, TWTR will go much higher in 2016.
This month is gonna be huge for social media. Be prepared for a big spike before the holidays. Looking very bullish.
Facebook $FB continues to outperform $TWTR, giving users and investors/Wall St. the growth and engagement they demand.
$TWTR spiked back to $30 after CFO Anthony Noto bought 152,000 shares. 2016 is going to be a break out year for the company so buy your shares while they are still cheap!
Methinks if facebook makes it an office challenge to see who can come up w/ the fastest way to vaporize twtr's business model, it would be terminal faster than you can say "he's dead Jim". Heard on Bloomberg TV: Facebook's "the Zuck" said to have said that twtr is like "the clown car that fell into the gold mine"
Look at the weekly chart. Has there ever been a clearer down trending channel? Seems $TWTR is headed to the low 20's
$TWTR dropped back into the $28's on Thursday. 2016 is going to be a break out year for the company so buy your shares while they are still cheap! A drop into the $24-$26 range would be good news for potential buyers.
This stock and GoPro had a fairly clear future when they came public. Both were outrageously hyped by the media, the wall street selling machine, and absolutely devoured by "retail"/public buyers as well as to some extent professional portfolio managers. AND both were so well received for reasons based on a fallacy, an error in judgment, and to some extent deception. In the case of TWTR it is straight forward: Users are typically the media type, so they absolutely love it (although for the most part nobody cares or reads what they "tweet")... So yeah to those types it is the greatest thing since sliced bread... And so they proclaimed!!! A frenzy ensued. Of course the hoards of user-fans fed the frenzy of crazed speculation. Hearts will be shattered. It's a fee messaging app. Gonna be super-tough to monetize that 140 character crap & the "network effect" was a lost battle, Facebook owns the network. GPRO was more of a fan-boy phenomena, but it probably helped that Nick Woodman's father & step-father are an investment banker & private equity guy. The premise was that it was a merely a platform upon which many new other exciting businesses would be built - A premium was paid for non-existent future businesses that may or may not come to be. How crazy is that? Then there was the hope that Mr. Woodman would be the next Steve Jobs - Ludicrous. The interesting thing is that both stocks followed a similar pattern, rising sharply (full retard mode) after the IPO, and eventually succumbing to a long, drawn out drop toward reality.
As long as 27-28 holds, no reason why it can't push towards 30. Going to be a slow grind. Someday sees ER highs.