Twitter earnings: 13 cents per share, vs expected EPS of 10 cent Twitter on Tuesday posted mixed quarterly results, but said its user base grew more than expected. The company posted second-quarter adjusted earnings of 13 cents a share on revenues of 602 million. Average monthly active users, or MAUs, came in at 313 million. Wall Street expected the company to post earnings of 10 cents a share on revenue of $607 million, according to a Thomson Reuters consensus estimate. Analysts are also expecting Twitter to report that it has hit about 312.1 million monthly active users, according to StreetAccount. Shares dropped more than 8 percent in after-hours trading Tuesday. Read more: http://www.cnbc.com/2016/07/26/twitter-reporting-second-quarter-2016-earnings.html
Reported after close today (7/26/16) Earnings: EPS $0.13 Revenue $602M Estimates: EPS $0.10 Revenue $606.77M Down 10.84% after hours
May have to sell some puts here the closer this backtracks to $15. The worst that can possibly happen is the company becomes another Yahoo were a suitor comes in and buys it for the sum of its parts. The company has to be valued at least at $8B. It will take years for any company to reproduce TWTRs platform. And even if any company choses to go after TWTR, it will cost them more to create the platform than to just acquire part of its service. But then again, if no one may actually step up to the plate and offers something for the company and decide its better to create a platform of their own -- even if cost more money -- then the company is in trouble. I'm sure companies like FB glee to see TWTR get the wind knocked out of it so they can encroach in their space sometime in the future.
Maybe a CBS or FOXA if they are trying to integrate a news streaming service that is compatible with the 21st century. Or if someone chooses to focus on the technological component of the company, then maybe MSFT. But that is doubtful since they chose to buy LNKD for a premium. Or heck, maybe a bunch of funds collaborate to take it private and away from the crosshairs of Wall St. short sellers that are hellbent in destroying its value. Maybe then TWTR can better deliver.
Is there really a big battle going on here with shorts? Im surprised we have not seen more false rumor type events yet.
How else would you explain the dismal performance? As you know, buyers push the value of a security up, and sellers push it down. With an $11B market cap, I don't know who would sell TWTR at these prices when they have stashed over $3B in cash and different initiatives rolling out starting in autumn. Of course, one could make the case the assets the company holds could be worth less as time wears on, but we could also make the case those assets become more valuable. Its a matter of subjectivity, not actual hard data. So if buyers and sellers are not dominating the day to day activity, what is? Short sellers who control a good portion of the float offers an explanation. Or altos running amok could also be it. I side more with the latter. I've seen plenty of stocks being held up and down on little to big volume. Volume is not the gross factor, price is. I think codes move stocks, volume is just one of the effects. But what do I know. I just don't understand who anyone who bought the stock in the 20s or higher would sell now when there could be an implied upside move of 20% - 25% (at least) on a takeover or if the company is taken private. There making it impossible profiting from calls, so I would just sell a put at a strike price I would feel comfortable going long the stock if its assigned. Let the market sort it out. But there is value here.
Twitter's head of communications, Natalie Kerris, is leaving Twitter just six months after joining the company
Tweet and paste: the way to write articles in 2016 one example: http://thechive.com/2016/08/04/drak...o-rap-battle-internet-fully-reacts-27-photos/ you can find a few on marketwatch.com too lol
Look at TWTR go. $14 - $16 will likely not been seen again unless TWTR manages to really screw things up in 2017. $17.50 - $19 is the new buy in point.
