7 ms·

Twitter's stunning turnaround

27 points by john58 8y ago

pavel_lishin 8y ago
> Twitter reported an actual profit for the past two quarters and user growth has accelerated. I wonder how many of those new users use the new video features, and how many aren't bots.
marketgod 8y ago
Twitter is on the verge of breaking out. $47 a share is a good target by end of July.
- cwkoss 8y ago
  What makes you think this?
  - marketgod 8y ago
    I know this. ;) Just based on volume patterns and the chart. My last few bets: Monday: GOOGL needs to break over 1338 on good volume. 200K on a 3 minute chart. June 8 1140 calls. TSLA needs to break 296 with 275k volume on a 3 minute chart. June 15 300 Calls. Edit: Day 2: Tuesday AMZN needs to break over 1669. June 15 - 1680 calls can be used. FB breaks over 184.25, the July 20-200 Calls can be used. Day 3: Wednesday: If CVX breaks over 124.00 the Jul 20 126.00 Calls can be used. Break Above 124 If BABA breaks over 211.00 the Jun 15 210.00 Calls can be used. 600k volume on a 3minute chart The positions I hold for Twitter: July 20 - $34.00 calls and $41.00 calls on June 01/2018.
    - deleted 8y ago
      [deleted]
    - cwkoss 8y ago
      So you're working from a pure TA perspective? Seems like your strategy is to follow momentum. This could be a good strategy if the market continues to be bullish, but pretty easy to get wiped out if sentiment flips.
cwkoss 8y ago
I think Twitter has a lot of "myspace risk". They are currently sort-of-cool, but many of their users constantly complain about the service. Their clients are extremely clunky to use and their 'feed' algorithm is laughably bad. A superior alternative would be relatively easy and straightforward to code (and several exist), it's just network effects keeping them alive. People are starting to realize that the way Twitter is designed reinforces and encourages reductive language, hot takes and extreme opinions. With how much they've gained already this year, I think they are a pretty risky buy. Hell, if Trump stopped tweeting the share price would probably drop 20% overnight.
- marketgod 8y ago
  It just got added to the S&P 500 so this means it's finally gaining acceptance as a stock.
mathattack 8y ago
Their market cap growth is impressive. Did the Trump presidency (and resulting tweet wars) make it relevant again? Very rare for a tech company to come back from the dead like this.

27 points by john58 8y ago

> Twitter reported an actual profit for the past two quarters and user growth has accelerated. I wonder how many of those new users use the new video features, and how many aren't bots.

marketgod 8y ago

Twitter is on the verge of breaking out. $47 a share is a good target by end of July.

cwkoss 8y ago
What makes you think this?
- marketgod 8y ago
  I know this. ;) Just based on volume patterns and the chart. My last few bets: Monday: GOOGL needs to break over 1338 on good volume. 200K on a 3 minute chart. June 8 1140 calls. TSLA needs to break 296 with 275k volume on a 3 minute chart. June 15 300 Calls. Edit: Day 2: Tuesday AMZN needs to break over 1669. June 15 - 1680 calls can be used. FB breaks over 184.25, the July 20-200 Calls can be used. Day 3: Wednesday: If CVX breaks over 124.00 the Jul 20 126.00 Calls can be used. Break Above 124 If BABA breaks over 211.00 the Jun 15 210.00 Calls can be used. 600k volume on a 3minute chart The positions I hold for Twitter: July 20 - $34.00 calls and $41.00 calls on June 01/2018.
  - deleted 8y ago
    [deleted]
  - cwkoss 8y ago
    So you're working from a pure TA perspective? Seems like your strategy is to follow momentum. This could be a good strategy if the market continues to be bullish, but pretty easy to get wiped out if sentiment flips.

cwkoss 8y ago

I think Twitter has a lot of "myspace risk". They are currently sort-of-cool, but many of their users constantly complain about the service. Their clients are extremely clunky to use and their 'feed' algorithm is laughably bad. A superior alternative would be relatively easy and straightforward to code (and several exist), it's just network effects keeping them alive. People are starting to realize that the way Twitter is designed reinforces and encourages reductive language, hot takes and extreme opinions. With how much they've gained already this year, I think they are a pretty risky buy. Hell, if Trump stopped tweeting the share price would probably drop 20% overnight.

marketgod 8y ago
It just got added to the S&P 500 so this means it's finally gaining acceptance as a stock.

mathattack 8y ago

Their market cap growth is impressive. Did the Trump presidency (and resulting tweet wars) make it relevant again? Very rare for a tech company to come back from the dead like this.