Although it closed at day's low...there is still some hope we might see some bounce back to 65-67 before the earnings and before the insiders can unload their position which opens up after Feb. 15. I got out of my calls in $70 and wanted to buy puts on Friday...missed it thinking I will do on Monday.... bought some calls today near $62. It showed resistance near $59 last time... to keep the bullish sentiment they will have to keep it above $60 and run above today's closing price tomorrow... watch what they do and make decision which best suits you. I would suggest, keep the position at least until the earnings pop, but ultimately it's your money and do what's best for you... get out before the earnings to avoid insecurity which direction it goes from there... Maybe even buy few straddles if you want to take advantage of either direction...which is what I am planning to do.
When the fed stops continually plugging-in at the bottom, there'll be no-end to the TWTR-paper's
pps-diarrhea like this IMHO.... this is just the preview of coming attractions ... all fluffed-up paper here, of the 21st century version of the Tulip mania!
Sentiment: Strong Sell