Archive for July, 2015

TWTR Twitter Musings

July 19th, 2015

At the time of this post TWTR is $35.67 and we are long Twitter.

The 52 week price range is $33.51 to $55.99 and its market cap is $24B.  We like this stock because it seems to have established a floor.  Its brand and usage are global and growing.  The short-term trading range appears to in the $30s with a pivot price of $35.  The earnings announcement is scheduled for July 28th.  A covered call strategy may be used on this position prior to the earnings release.