by Gavin M.
Twitter reports tomorrow afternoon. Will it be like last time when it got leaked a few hours before? We shall see! As you can see on the chart above, it is hoping against hope that the current price level holds and we shall see something significant coming out of their earnings. There are arguments for both sides. Here they are summarized: PROS -Periscope acquisition could add more MAUs and engagement -Dorsey could inspire more confidence from investors -Buyers of stock hoping for a Buyout / Takeover CONS -Doubts that they've turned things around so quickly since last Q -Have they figured out a way to really monetize their platform? If you're in the buyout camp, I can totally see your point and it could very well happen sometime soon. You just need the execs to utter these three magic words, "considering strategic alternatives" and you'll have a nice pop on the stock. Option Flow has been skewed to the bullish side these past few weeks as well so that should give you folks in the bull camp some hope. I personally like Twitter. I love using it to express my moronic ideas and to reach out to people who truly care about trading. I truly don't want the company to go under. Let's put it this way, I would rather short FB than short Twitter. However, if the company can't get their act straight in the coming quarters, they may truly face serious headwinds. Even if the company's stock craters to $10, I don't think they'll disappear though. I mean, look at BlackBerry, they're still around and they're no longer significant. Good luck tomorrow, g̶a̶m̶b̶l̶e̶r̶s̶ TRADERS!
0 Comments
Your comment will be posted after it is approved.
Leave a Reply. |
Multiple AuthorsTraders from Equity Sense will be writing on this blog on positions and other market-related things. Archives
May 2018
|