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Wall Street Strategies has been providing independent stock market research since 1991 to individual, retail and institutional clients through a balanced approach to investing and trading. Charles Payne, our founder and chief analyst, is routinely sought after for his stock market, political,... More
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  • The Birdie Stopped Soaring By Charles Payne 0 comments
    May 6, 2014 1:50 PM | about stocks: TWTR, GRPN

    The war on bubble stocks has piled up a ton of causalities, but most non-household names and those pulling the strings, need something to crack that will resonate on Main Street. That target seems to be Twitter TWTR which has been hammered as of late, including a major shellacking today on news of the lock-up expiration. While we are assessing Twitter, we have open positions under similar pressure largely because we think they are oversold.

    Only Groupon GRPN has seen it shares drift lower a year after lock-up expiration, and most of the more famous social media deals have seen their shares soar significantly higher after the street panicked over the lock-up.

    Stocks: TWTR, GRPN
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