$9.57,$9.40,$9.32 I'll give it a shot again. If it drops more I'll nibble more. This may be way oversold at this point. Postponing their results (Dec 12) I would guess caused this drop but it's about the scandal it seems
Before a commercial "I like Twitter" this time it was a two second endorsement unlike the two minute rant before the open this morning. This is what he does when these things blow up in his face. You will not hear him mention TWTR until he believes it has made a bottom....Amazing!
But that ain't happening any time soon. He said he buys the story the only problem is they put out a 10 year plan.
Could not agree more. I remember Charlie Gasparino pumping the sale of Bear Stearns weeks before they collapse and Cramer was right there pounding the same story on his show back then. They helped run Bear's shares from the $70's to the $90's in days.
A lot of the hot money is leaving some of these stocks that got run up the past few days look at TWTR today. It usually happens that way especially when markets keep making new highs each day.
He will give it another shot on his show tonight and rant about the future for TWTR. What people should realize is if one man buys the story it does not mean the market does especially when they have time to digest a 10 year plan.
A bunch of years ago when he pumped in the after hours and really moved stocks more than he does today there was an unwritten rule on the net about shorting those big moves on the third day. It worked a lot back then today the buyers are not there on his pumps as much. Just covered my short at $41.22 will wait for a big move in either direction this stock will give it to you.
He does this so often when a stock has run quickly. I firmly believe he has already been on the phone in the early AM with his hedge fund brothers and that's the signal to short the additional run when he rants before the open like he did today. If a retail and a hedge fund investor where hanging from a cliff who do you think he would help first?