Isn't it fantastic?
I've been short selling 10,000 share traunches for three weeks and have made more than most people will make in their entire lifetimes.
I still see $29 today coming.
That would be down another $6.50 or so from here today.
The down volume to come should be crippling.
Look at the volume that is still to be sold.
Not to mention the cliff & absolutely no more buyers now.
& that's where I'll cover my TWTR short position & go long.
For the record I loaded up on ETFC in the mid single digits and I told my friends and relatives that ETFC would be going above $30.00 again.
Loaded-up the truck at $1.39
How did I get BAMM so right?
Hint... been trading BAMM since 1998.
Sentiment: Strong Buy
My forecast has been posted.
"Distribution phase" is in full progress now.
Anybody in here ever even heard of the distribution phase before?
This is when bagholders united begin to feel max-pain.
My posts are only my own opinions so do not worry if you are long twitter shares.
You might still stand a chance at a rally to all time new highs (not).
I had over 4000 (yes, four thousand) sell (puts)contracts that expired on Friday.
I did better than all of you who thought Twitter would bounce higher.
Felt sorry for all of you call buyers who bought the 40 calls, the 39.50 calls, the 39 calls, the 38.50 calls, the 38 calls, and even those horrible 37.50 calls(WHAT A HORRIBLE DISASTER THOSE WERE, HUH?). Anybody in here buy those?.
You were all warned several days before of the direction TWTR was going, and I did call the close, that it would close at the low of the day on Friday.
So about a billion dollars could have been saved if you'd of listened to my directional advice.
My guess for TWTR is that any and every spike will be met by severe selling and that TWTR will have another horrible down week.
My advice is simply this:
Never stay in a bad trade!
Sentiment: Strong Sell
Just common horse sense, huh?
Egg has been laid in flight so look out below if you are long this afternoon.
I'm selling TWTR very big (notice the big drops?)
Soon could also have been yesterday, or the day before.
SEE YOU LATER!
(glad he's finally leaving... according to his own standards that he set for himself)
My $26 is still on the table because it's still Friday.
The reason it's so overvalued is because there are way too many idiots who don't know what they are doing with their investment dollars.
This is why everyone who bought Twitter (TWTR), shares will all be underwater today.
Stick to what you know (your jobs).
You'll save yourselves tens of thousands.
Don't invest in the stock market because you'll all lose every time if you don't know what's going down..
galactictjr • 1 hour 30 minutes ago
When this doesn't happen today....u should leave....idiot
Hope you are living by your own code in here...
WE'LL SEE YOU LATER!
The Habit is better to own than Shake-Shack, or Chipotle, or Panera Bread Company.