Twitter, Inc. beats by $0.03, beats on revenue

Twitter, Inc. (TWTR): Q4 EPS of $0.02 beats by $0.03.

Revenue of $243M beats by $26.14M.

Shares -1.9%.

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Comments (5)
  • longday_trader
    , contributor
    Comments (55) | Send Message
    Sold this hot potato today to warm up some poor guy's pockets. Glad I did. Still long FB
    5 Feb 2014, 04:19 PM Reply Like
  • benitus
    , contributor
    Comments (3472) | Send Message
    The rout has begun. Boy, the cash register sounds good, ringing all the way to the bank. Covered some shorts to get some quick money on the way down at $57. Waiting for more as it goes downhill from here on.
    5 Feb 2014, 04:22 PM Reply Like
  • benitus
    , contributor
    Comments (3472) | Send Message
    It's now at $54 and still sliding down, although the momentum has slowed but it should pick up tomorrow morning, so hold on to your shorts. CEO has admitted shortcomings of Twitter, which doesn't augur well for TWTR.
    5 Feb 2014, 06:08 PM Reply Like
  • Island_Dweller
    , contributor
    Comments (649) | Send Message
    The stock won't stay down because it's a mobile first kind of stock, and that's what Wall Street wants. You can argue until you're blue in the face using facts, figures, and all sorts of data to support your reason for a serious further drop in the stock, but it's futile.
    Data mining on these social websites with millions of followers as mobile continues to dominate tech is what advertisers want and are willing to pay for.
    Seriously considering picking up some shares in the 40s, if it ever gets there. I won't chase after this move, but it's tempting.
    I expect a pop in the stock from fund managers who are desperate to get in on a stock that's on everyone's lips, much like FB.
    5 Feb 2014, 06:57 PM Reply Like
  • benitus
    , contributor
    Comments (3472) | Send Message
    Island...if it does drop to $40, after catching its second wind, then it may likely go lower, as I see $40 as a resistance level for TWTR. But, let's see how fast it gets down to $50 and how much is the volume and the trades to get there, particularly the level of support, if any, on its way down.
    5 Feb 2014, 07:15 PM Reply Like
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