When this company finally goes public, it will blow the Facebook IPO away
Few of us are inside baseball enough to know the reasons why, but Facebook probably IPO'd a shade or three too soon. Cynics and haters will claim it had to pull the trigger because the business is about to implode. I doubt it.
Facebook's IPO Nosedive Brings Down Twitter's Value By 15% – AllTwitter
Twitter makes money on mobile ads, unlike Facebook
Twitter makes more money from app than Web version, pumps out 400 million …
We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.
These reports are not investment advice. They are for informational purposes, for a broad audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.