It really shows how bad of a company MM must have been. This company likely would have disapeared within a few years but the technology and clients can be useful to a bigger firm with lower margins.
How about 1.75? MM was a horrible company that anyone who has been around should know by now. I doubt anyone that visits this message board has a cost basis under 1.75 so everyone will likely close out in the red now.
I think its probably shorts covering because most people seem to doubt twitter will drop much even on a bad report. I sure hope they announce a new CEO, a buyout, or just a great report though.
Sentiment: Strong Buy
I haven't seen anyone mention this yet. Why is the value 188$ locked in, but the stock is actually down near 150? I'm looking to buy some for my ROTH since this seems like a simple 15+% gain
It was still down over 3 % even not counting the Dividend. Its definitely oversold but oil can go to 40 easily and this could drop below 50 as well. I'm buying Jan 2017 calls as it drops.
You got hosed by a fake news report