Look at after hrs. trading. Small volume but it went up to $32.89 one hr. after the close. The low after hrs. price was $31.01 but very few shares at that price.
AND THEY BEAT-What gives with this drop today? I think it's bull and someone is going to take this out on the cheap. Definite manipulation; watch and learn.
I made money on TWTR; I day trade it. Regarding bad investors; do you really think Vanguard, Fidelity, Morgan Stanley, T Rowe Price, Blackrock, and State St. would own TWTR if they did not see some kind of value here? 68% of the shares are owned by institutions. I don't think they are going to freak out and bolt with today's announcement. The volume today doesn't even put a dent in the shares they own.
Cramer owns TWTR and is down considerably even as he was saying MSFT or GOOG needs to buy them out. He pumped and pumped but to no avail.
Many can't get out so looks like a safe bet for a quick one. Wall Street is such a crooked game. Play with the crooks is all I can say. There is no reason TWTR should have tanked on that report. Buy stocks that are beaten down from the panic sellers who don't know how to play the game.
By April 1st, 2015 TWTR was $53.49. Those who sold missed an $18.00 price increase in just 4 months. Hang in there. Look at the volume today. Someone had to buy all those shares during the panic attack.
The (analyst) low is $33.00 a share and the high is 52. Still up from where they closed today so why not buy a few for a couple bucks profit. You always need some cash to take advantage of any new 52 week low.
Does anyone keep track of the EPS on this thing? It is negative; supposed to be on the positive side. A negative means they are bleeding money. Geeez