I hope someone here sold their shares when it spiked over $19.50 in pre-market, because that's probably the highest price you'll see for months.
And smart traders know that smoke and mirrors is not a strategy. The problem is, Twitter users fall in love with Twitter, along with the financial media, so the hype temporarily drives up the price. This too will pass.
Jefferies says Oasis will need to cut production to protect their balance sheet, and reiterated their price target of $16.
This stock is played like a toy....the analysts are all over it, it's like Facebook or Apple....Everyone on CNBC has to have an opinion....You're right though, they try to focus on the bells and whistles, and not earnings quality and other metrics.
I agree with this, AH will definitely be entertaining.....I was going to go long....or short.....but because of the uncertainty on the chart, I'm sitting this one out.
They only care about Facebook....Twitter will never get the user metrics to monetize their brand.
Secrets? Twitter has secrets? I think they're a fad, with an unsustainable business model, but that's me.
Watch everyone head for the exits at the same time on the oil stocks.......OAS is up almost 50% in 5 trading sessions.....I think everyone will agree it's way overextended in this sub $50 oil world.
What? No correlation at all.....John Chambers, CEO of Cisco, has been on CNBC after every earnings report since 1998, that's 15 years......and the stock has gone nowhere the past 10 years.
Well all the excitement in pre-market has been faded, and the stock is well off its highs of the day. This stock will either be at $35, or $45 after the bell....I'm thinking closer to $35.
You were early at first, as it spiked to over $18.30. I'm already short and under water, but I'm adding here, anything over $18. This is nothing more than a $14-$15 stock in my opinion, as oil will continue to get crushed. Your $18.15 will look good shortly....wait, it's already under $18 as I type.