iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

JACK FOR DICK?

Jack Dorsey to be the newly appointed CEO for $TWTR?

The stock is trading lower than it was after the news hit, but I am considering an add to this already underwater LT holding.

Anyone else doing anything with $TWTR here on this news?

 

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29 comments

  1. bchu12

    already balls deep in this trade. been adding through this drop.

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  2. Queequeg

    FWIW I have a LT price target of $20 on $TWTR. Possible bounce continuation going on now.

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  3. Badduck

    I think this thing is a microcosm of the market sentiment as a whole. Lots of disillusioned holders and people shorting every pop.

    Had a day trader friend tell me that he shorts it every time its up more than 50 cents as its an “easy money” fade.

    I am long and adding, they are making progress and buyers are higher.

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  4. lplongo

    Wasn’t there some sort of buzz or story about TWTR and 4Square teaming up for mobile payments? I think some TV personality used the example of politicians tweeting for donations and using it to make them…

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  5. bchu12

    OA – when you say “come to Jesus moment” in stocks, do you mean 1 more flush down?

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  6. wayne

    Jan 2017 leaps
    Catalysts :project lightning,periscope, and new deals with nfl and bloomberg along with shopping button announced today. Twtr is a social media titan in the making.
    Hopefully this follows your growth stock thesis for this year and rips to the upside

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    • coolguy

      I just bought in, been eyeing it for a long time, the sentiment was already so negative. At the end of the day, the service has many millions of users who love the service and they are forming many new partnerships and have plenty of ways to monetize. Mobile is still growing and almost everyone has this on their phone.

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  7. mrboulders

    FWIW, i’m nibbling – short term calls and stock for the LT

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  8. kidstock

    Buy any breach of intraday low 25.88…they might try to close the gap (yesterday’s high of 25.76)

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  9. gudenaev

    Im in from a bit lower, thinking it is going higher. However, I don’t have the stones to add to it here.

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  10. sia

    Damn TWTR, managed to squeeze a whole $500 profit trying to long this thing. Too much stress for the payout.

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  11. juice

    I wouldn’t touch $TWTR with your DICK or JACK’s 😉

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  12. kidstock

    @Chief — still long TLT?

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  13. zephler

    how does $ISRG look to ya?

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  14. bottom_feeder

    I hate this damn stock. Been nothing but a loser from day 1. It’s on my never buy list.

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  15. jon v

    Jeff – I did buy TWTR after this news as I think it’s assumed the stock will repeal the gains. Long $26.4

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  16. kidstock

    Screw TWTR — get some FIT

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  17. jon v

    I spent some time today building up some positions to hold for longer than just intraday. Bought some
    GILD
    TA
    TWTR
    ZG
    SCMP
    EDC
    BIDU
    KNL
    MOG/A
    UTX

    Still sitting with about 2/3 cash.

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  18. will

    You are saying One more RED day .. Jesus?

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  19. djmarcus

    OA – any opinion that yesterday may have been the bottom? Would setup an epic chase from current levels since everyone was hoping for a breach or a better re-test of the lows.

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  20. jon v

    I moved to 70% long by the close with additional positions in AXP, EDC, BAC, JPM, GNTX, MET, NUGT. I would consider all of these to be “value” stocks in regards to their historical valuations excluding 2009. I think the fact that the Chinese stocks have rallied so hard tells me that we are looking at a potential significant near term bottom, one I’d like to participate in. If we crash below the lows of yesterday then I will have to reconsider.

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