Will close above $30 on short covering.
Oil and the data are telling you something.
From Real Money:
Carl Icahn is out, but is Mark Cuban still in love? Netflix (NFLX) has received a lot of positive press this year as the stock has risen nearly 60% over the past six months.
However, Netflix shares were down 5.15% to $106.70 in afternoon trading today, a day after the stock fell 8% as the market closed.
Jim Cramer, portfolio manager of the Action Alerts PLUS charitable trust, believes that the pullback presents an attractive entry point.
"Here's one you might be able to get to buy at the price before it soared," Cramer said.
TheStreet chartist Bruce Kamich concurs.
I thrive on pain. People's pain makes me feel wonderful inside.
Ski daddy Cramer creaming his pants.
Google and Facebook said to be considering a bid. Could we end up with a bidding war? Trading action today seems to indicate that a takeover floor has been set.
How can they be so clueless? It's mind-boggling. Do they even care?!? It's scary to listen to these guys do presentations and answer questions. Just goes to show that you don't need a brain to get rich these days.
Never have I seen such incompetence and arrange at the head of a publicly traded company. The worst double whammy investors deserve. Shame on you Costolo, Dorsey and Noto. You are shameless morons.
Let them have it! What is wrong with these people? Costolo, Dorsey, Noto etc. all pompous and arrogant jerks who seem to have no clue about what to say or do. Lay off the weed morons, you guys look more stoned that Cheech & Chong.
AND TO THINK I INVESTED IN THIS COMPANY RUN BY CLOWNS
Takeover? Wouldn't that be something for the long weekend? Makes sense..
As per Motley Fool article this morning.
"So why buy? Periscope and Meerkat. No matter who leads Twitter next month or next year, live-streaming video is rapidly becoming a must-have for mobile users. In fact, an April survey of Internet users aged 18-34 found that half were either already using or interested in Periscope or Meerkat.
That's huge adoption in the most lucrative advertising demographic on the market. You can bet that brands will be spending a lot in order to reach them.
While Twitter may be troubled, its long-term positioning and assets are worth a lot more than the prices investors are paying currently."