While in the process of researching some trades in retail, I found myself long Dec $TWTR calls here.
Watch for a breakout.
Joined Aug 2, 2009
1,847 Blog Posts
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TWTR is a pyramid scheme.
This should be good for a laugh: how exactly are they a pyramid scheme, genius?
Do you know what a pyramid scheme even is? Doesn’t sound like it.
Thats not an answer
Don’t have the time to explain what a pyramid scheme is and then explain how TWTR is a pyramid scheme. If you know what it is, it’s obvious.
Are you saying I should get out?
No. Just trolling. I saw you call out trolls the other day on that trapped article [which was funny] and thought I’d troll a little. I’ve never seen any real trolling done on IBC. The audience is certainly there for it.
TWTR a pyramid scheme? Does not compute
HAHA, funny that I was trapped?
Huh? No, a funny article. The picture was funny. The article was funny in the sense that it was self-deprecating. It was a good experience for the reader. I guess that was not the intent but it worked.
Well I’m typing, I’m not speaking so it wouldn’t sound like anything.
What is a pyramid scheme? I have no clue. Please explain to me. I’m not as smart as you, so please try to do so in detail.
I’m waiting…
Guys, Isn’t it obvious? Ashton Kutcher tweets a picture of his cat. Larry and Stacey share it on their feeds. Then Brenda and Michael sees Ashton’c cat on Larry’s feed and share it. Napoleon and Wilfred see it on Stacey’s feed and share it. Now Brenda, Michael, Napoleon, and Wilfred’s friends all see Ashton Kutcher’s cat and share it.
Voila! PYRAMID!
SELL! SELL! SELL!
A pyramid scheme is where a company hires salespeople that have to buy the product before they attempt to sell it. These employees then get paid based on how many other people they can sign up to sell the product, since becoming a salesperson means that you in turn have to buy the product.
Cutco Knives is a good example and so is Rodan & Fields. Twitter is another great example.
So all of social media is a pyramid scheme. Well done, Sherlock.
No, just TWTR. Most of the others are hedge funds, basically.
Followed DEc TWTR and stalking URBN right now also for Dec.
OA,
Is that chart in days or less?
Never mind, I see it now.
Always a little difficult to discern time frame on charts he posts like this.
Anyway, bought my first TWTR stock two days ago – let’s see the breakout
Thoughts on WYNN?
Got nothing, sorry.
Long TWTR Dec 30’s
Peter Schiff is amazing. lol
The fuck?
meant it in the most sarcastic way, man. the dude is absurd.
Worse than absurd.
The very formula he touted to protect his clients from the imminent collapse of society, blew up his clients portfolios in 2008 during the closest thing we’ve ever encountered that was a market dystopia.
Compounding that stupidity he missed the 2009 – 2015 rallytelling clients to buy gold as it melted their portfolios further.
Also he had a lecture to Saudi students on how to bring down the US economy. Google it.
His dad is/was doing a long stretch for tax evasion or some such hijinx. Google that too.
What a clown and Exhibit A that if you have absolutely no shame whatsoever CNBC and Bloomberg will give you as much air time as you want.
yeh, he keeps arguing that his $5000 price target for gold is a long term target. It’s like you can say anything ridiculous if you say open-endedly “long term”
Bought 1/2 position in DDS.
Looks great Jeff. Only issue here with TWTR is the next two weeks.
Huge open interest in the NOV 30 calls and puts over 100k at each strike.
Twtr will fly after opex ex
Picked up an URBN Dec 31. That’s it for today and for a while.
What’s working today? I have BABA, YINN, TA, LOCO and BAC working. What else is working?
What’s considered “working?” TA is up five cents. I can pull a list of stocks up five cents or more today. There ought to be a few.
yeah. i was just polling you guys for themes. retail is definitely starting to work.
Is it me or is TBT looking really good here?
I agree. I’ve been long TBT, maybe I’m a bit early though.
been selling weekly TBTs for walking around money…would like it to close under 44.5 due to…reasons
Feels like a correct through time not price kind of phase. Sure there is some price action but I think it’s mostly to work off those short term indicators. Thseo watchign them may wind up chasing again.
For those trading oil: I pulled my 9.75 order for UWTI as it was not filled by 2pm. This is an attractive entry long but you must hold o/n. Keep at least a 6% stop & position size accordingly. Bouncing here plays into my thesis for a 48-45 price channel into Dec 4th. However there is a strong possibility of a drop into the thirties after payrolls. I see little chance of a significant thrust up so I am holding my unhedged 1.3% short.
Never underestimate the squirrel!