I'm gonna sell my shares now mgvidpro, and then go short. Your insightful analysis has swayed me to be short Master Card. Warren Buffett is an idiot for buying Master Card. Let's show these longs who's boss. Do you have any other intelligent reasons on why Master Card will drop? When should I cover? Thanks. You're the best.
If you're confident it will go to $40-45, wouldn't it be beneficial to sell now, so you can buy more shares at that level? Nobody knows how successful or unsuccessful Twitter will be. Right now price movement is based on technical analysis. The momentum is drying up with the lower volume. Whenever a stock declines on lower volume, it's a bad sign for those holding. I would recommend watching the charts for the next few days and see if there is any bullish indication. I have seen a lot of people claim there was a doji on Friday, however with no confirmation on Monday, a doji is essentially worthless. I currently own puts, but my setiment could change if I see a reversal, however there is no indication that will happen any time soon. Don't fall in love with a stock, set your stop losses and get in later if you feel this stock will be huge in 3-4 years. But right now, the momentum is swinging downards.