Joined Jan 27, 2008
7,297 Blog Posts

Disney Passes On Twitter; Traders Don’t

There was a story over the weekend on why Disney’s CEO, Bob Iger, passed on the idea of buying $TWTR. In short, he basically said Twitter is a very nasty place, you can read the story HERE.

$TWTR opened up basically flat after the story, but has since made a turn higher, breaking through Friday’s high, $43.84 as I type. Let’s see if the stock can grow legs here, the technicals are in favor of a move higher.

Disclaimer: I am long $TWTR, and it continues to be one of my favorite ideas here.

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One comment

  1. ammy hour

    My largest position at the moment

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    • 0 Deem this to be "Fake News"