I see, well, sorry for your losses but could've been worse. At least you saved some nerve cells for yourself haha.
Your downside risk is pretty clearly defined, $14 was pretty solid support, if you are ok with that risk, then its worth a shot.
Snapchat Said to Have 150 Million Daily Users, Passing Twitter Snapchat Inc. has 150 million people using the service each day, said people familiar with the matter. That makes the four-year-old messaging app more popular than Twitter Inc. by daily active users. Read full article here: http://www.msn.com/en-us/money/tech...illion-daily-users-passing-twitter/ar-BBtMGXU
Twitter talks to Yahoo about merger Add Twitter to the flock of bidders who have circled Yahoo. Jack Dorsey’s struggling social network met with Yahoo’s management, led by Chief Executive Marissa Mayer, several weeks ago to discuss a possible merger of the companies, sources told The Post. Read full article here: http://nypost.com/2016/06/02/twitter-talks-to-yahoo-about-merger/
Well, they must have something on their mind about it, I'm sure. They're not clueless people, they probably know what they're doing.
Why is that "clear"? I'd argue there's more evidence it will drop, including the fact that it's coming up on the 50MA as resistance. I think it'll hit $14's again before it hits $16.
http://www.recode.net/2016/6/6/11873278/twitter-head-of-product-replaced-jeff-seibert Firing a guy they just hired in September, and they don't have someone ready to take over. It's like saying, "we don't know who we want, but we know it's not you"
Sold today at 15.05. Don't like a lot of things and market overall is a bit extended so I worry twtr will drop hard on a market down turn.
