Reported after close today (4/26/16) Earnings: EPS $0.15 Revenue $594.5M Estimates: EPS $0.10 Revenue $608M
Would be a good entry point in the $14 thru low $15 range with some support at $14. IMO, it's only a matter of time before it starts to go up, similar to Facebook. Really not sure how a company as popular as twitter, which is talked about and used by just about everyone these days is struggling this much in the market.
Shoot first ask questions later for Tech stocks this Q, earnings were not that bad but we have a trend line break and 1$ away from ATL
Rare to find interesting insights on Twitter, but @tmcmill81 had an interesting point about twitter getting streaming rights of events and how cordcutters would be the perfect demographic.
So you are saying it could go up or down? I agree! lol Odds are there will be some upside here, lots of panic selling coming out now.
Good luck! I may be doing the same thing. Probably a fairly tight stop, but I don't think this drops below $14 and am hoping it gaps back up to $18 or so.
Twitter looking like it potentially close at all time lows if it doesn't run in the second half of this trading day.