Let’s take a quick journey back to November 2013, to look at the infamous $TWTR IPO. Notice how after the initial few days of volatility died down, the stock slowly drifted lower into the holiday week.
$TWTR started to firm up late November going into December.
Seems recent price action has started to follow a similar path. If $TWTR doesn’t take out its recent lows, this may be one to watch going into December. Here’s how its been trading over the last few weeks. Definitely some similarities across the two time frames.
Twatter
Think this morning dip may be our last chance to get in before big EOY rally
This feels like the start of the rally for sure.
Haven’t traded TWTR in quite some time. I really like this idea.
I’m encouraged by the lack of commenter response to this idea.
Bunch of women must be long oil. Only guys know how to relieve that pressure in USO! (Extra Porn)
USO vol only 12 mil. Ain’t gonna move the needle …
BTW I am neutral oil, owning about $2 UWTI for every $3 of SCO. Both entries currently profitable.
If OVX it’s a reliable indicator, we should have 2 – 3 % moar in USO
TWTR is such a dog huh? I’m surprised FB doesn’t just do a small capital raise and buy them out.
Even if they bought out TWTR at $25 Billion (45% premium) it would be a 8% dilution. Would wipe out their competition in this space.
TNA: “impressive, most impressive …” (Extra Darth Vader)
Grabbed some BITA at $27