I think it is just going to need time as they refine their ad revenue stream and improve their ability to deliver video ads. It will take a bit of time to determine if their refinements are on the right track. I'd watch the news on them as it relates to advertising activity. On the plus side, the CEO of Twitter is putting some of his own money in the game making a straight up purchase in February of 425,000 shares for 7 million bucks. So if you like the "value" it's a long term hold and if you are looking to get in/out on swings I would think most movement is going to happen going into and out of earnings dates.
Well, $16.50 here. Gotta say, I'm not comfortable holding it anymore. Not comfortable selling it either.
Yeah, same here, had a hard time deciding, but I did sell my 1/5 position at break-even Fryday at the close with the thought of getting back in on a pull back. The weekly chart appears real strong and the daily did hold 16.48, but it looked a little climatic. Hopefully I won't get too busy and miss getting back in. I'm probably playing with fire.
Bloomberg to run 24-hour news service on Twitter Twitter is bringing its vision of 24-hour streaming TV to life with the help of Bloomberg as a key partner. The two will create a round-the-clock service with news produced solely for Twitter, in an announcement to come at a Monday event that Michael Bloomberg and Twitter chief Jack Dorsey are holding for advertisers. Is this big?
I think it is big as this was one of the main criticism's of Twitter not having enough video coverage to be able to leverage video advertisers. It looks like the market is responding nicely to the news as well since Twitter is hitting 17.25 this morning. That by the way is almost touching it's 200 day moving average. Good sign moving above the 200 day.
I need to get into the twitter game, we have an twitter account but it looks like we should really be using it a lot more. https://twitter.com/stockaholism
Blame it on the Cuban http://www.cnbc.com/2017/05/02/bill...itter-as-an-artificial-intelligence-play.html
Twitter rises 3% after Mark Cuban says He's Buying Billionaire investor Mark Cuban told CNBC on Tuesday he started buying Twitter after the company got its act together on artificial intelligence. Twitter shares closed up nearly 4 percent Tuesday after Cuban's comment. AI? What AI? What is talking about?
From what I gathered, it's in the way Twitter is now capturing and managing data.... It's out of my league, I couldn't explain it...... But Facebook and Google success came from the same concept.... Data
TWTR looked like it was ready to drop below $14 last month, now its almost back to $20! +3% today alone.
Demand for Twitter stock is picking up and soon it will be a mainstream buy in everyone's portfolio once turnaround is 100% confirmed.
Think we're going to go back down to the lower channel line here - this is now a triple top dating back to December
