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Many were surprised on Friday when this stock put up nearly 15%. Surprised because many thought the company would be left for dead. Don’t be fooled by Wallstreet’s tricks. This stock will present a great short opportunity. And I am patiently waiting for those levels.
The rumor mill continues to churn on this stock and I believe it’s why the stock remains held up. Friday after market close; Bloomberg released an article indicating Alphabet’s Google (GOOG; GOOGL) is getting closer to placing a bid for Twitter. If you haven’t followed other potential suitors, allegedly, are Disney (DIS) and Salesforce (CRM). Stock may appreciate on Monday because of this news but I think we remain near Twitter’s epic fall when we realize there’s really no suitor.
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