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Twitter, Inc. Message Board

  • missmarket30 missmarket30 Dec 25, 2013 3:45 AM Flag

    Now has a 40 billion dollar market cap and no revenues - larger than TWC, TGT, KFT combined - back to 55 by Friday

    This is the #1 cult stock of 2013 - it has defied all concept of valuation - so any valuation argument can be thrown out the window - but it also the reason, with any cult, like any drug, you react badly, once you sell it back down, traders know this, so when it is sold back down to 55 by Friday - Traders will pile back up for the next high back to 70 plus.

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    • wardmckinley3 Dec 25, 2013 3:11 PM Flag

      Unbelievable, I have just started my short position Tuesday. Tuesday was the result of the Disney board news resulting in a gross pump up and rapid short covering and chasing. This could be the last good news for a while...when momentum shifts it will be like standing in front of a freight train... EOD sell off dump on Tuesday was evidence of this. LONGS - Lock in profits now before year end - when selling starts it will be market orders just to get out...

      Sentiment: Sell

    • Market cap is a BS measure. It assumes you bought all shares at last price and that you could alternatively sell all shares at last price, which is simply untrue.

      The better way to look at this situation is some people bought a lot low. Others are buying higher. There aren't many sellers - everyone is holding, waiting for it to go higher.

      Do agree, valuation (traditional) measures are thrown out the window on this one. Also agree many will lose $ on this stock, shorting or holding long term. GLTA.

      Sentiment: Buy

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