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Twitter, Inc. Message Board

  • hiren10_patel hiren10_patel Dec 31, 2013 6:08 PM Flag

    Thoughts on TWTR trade for last 2 days of the week

    I don't have any position as i sold my calls today for good profit. I bought it when TWTR was at 59 yesterday and sold it today at 63.75. I am out as i think it will go either direction on Thursday.

    According to me, On Thursday it wil pop 2-3 in first half hour and then it will tank and go down to 58-59 and will close at 60.

    Down side:

    (1) Too high valuation without any profit will bring it down.
    (2) Investor will start taking profit as they could not because of the Tax for 2013.
    (3) Price is too high so most of the investor will like to bring it down for their position.

    Up side:
    (1) To many short with 80 mil free shares, Short squeeze will move this stock up very fast
    (2) Any good news from TWTR regarding growth and users.

    Please share your thoughts.

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