Anyone Short Twitter yesterday?

[andromeda160]

Wouldve made a killing today! Still debating on whether I want to hop on the wagon late and maybe make a few dollars, but now i'm worried about a rebound back to 23ish. What do you guys think?

[locutus49]

Depends on if another company will be rumored to buy Twitter for 40 Billion USD or so. If yes, then price will spike again. If not, then it will trade in a range IMO.

[rr-nyc]

I don't own TWTR nor did I short but if it's truly a target, I would think it's a a good time to buy it while its down. I can't imagine the shareholders agreeing to anything less than $25-26 a share. 52 week high is $31.87

[GB-man]

No but I'm thankful I sold my shares and rolled half the profit into December calls. It's still potentially a miss but pales in comparison to if I held.

[andromeda160]

Yeah, just none of the expected heavy hitters are wanting to take it. Which is probably what caused the reaction today. This will be my first trade, but I think its got prettty good potential. I should've started my portfolio when i was 18, but I had too much fun flipping antiques and such. Now im ready to start putting money away for my future and ive noticed most people here have a fairly diverse portfolio with minimum bullion investments. I've always invested in bullion. Stocks scared the hell out of me after 08, but theres so much easy money to be made I cant help but wanting to take a bit more risk.

[GB-man]

I hear you. Be careful though. Shorting is anything but an ideal first trade

[andromeda160]

Tiff

Originally Posted by GB-man

I hear you. Be careful though. Shorting is anything but an ideal first trade

I'm just going to purchase I think. Renato brought up some good points and i was already worried about a rebound. I think i was a day late on the shorting.

I have practiced trading before many times though, I took every business class my highschool offered and we did stock simulations in almost all where we had to creat a portfolio with up to $100,000 and it was a compitition to see who could make the most money. I always did well, one year i was top 20 in the nation, but its easy when its fake money. I recently went through a break up though and want to be constructive with the extra money I normally would have spent on us and putting it into accounts that will grow instead of my bartenders pocket lol

[azguy]

If you had been lucky enough to short Twitter yesterday in light of all the rumors of potential suitors and today happened the SEC would be at your door tomorrow

I've been in and out of it several times in the last 18 months and went my merry way at $23, pigs get slaughtered

[locutus49]

You sound like a smart guy. You are young, so you can afford to risk money trading stocks. When you get older, you will likely transition to long term investing rather than trading. Good luck.

[andromeda160]

Originally Posted by locutus49

You sound like a smart guy. You are young, so you can afford to risk money trading stocks. When you get older, you will likely transition to long term investing rather than trading. Good luck.

I do want to get into long term investing as well, trading is alot of work, I just want to have fun for right now, I'm 22 so if i start putting longterm investments away right now into solid companies I can't imagine losing.I plan on investing long term in GE, Boeing or airbus. Really leaning towards GE, But i like airbus as well. Boeing im not as hot for anymore.

If I was really smart I just wouldn't drink, but we all have our vices. being 22 with a fair ammount of money saved up already puts me ahead of most my age.

[locutus49]

Sounds like a plan.

Originally Posted by andromeda160

I do want to get into long term investing as well, trading is alot of work, I just want to have fun for right now, I'm 22 so if i start putting longterm investments away right now into solid companies i can't imagine losing.i plan on investing long term in GE, Boeing or airbus. Really leaning towards GE, But i like airbus as well. Boeing im not as hot for anymore.

If I was really smart I just wouldn't drink, but we all have our vices.

[Runnin' Rebel]

Originally Posted by azguy

If you had been lucky enough to short Twitter yesterday in light of all the rumors of potential suitors and today happened the SEC would be at your door tomorrow

I've been in and out of it several times in the last 18 months and went my merry way at $23, pigs get slaughtered

I thought it was pigs get fat, hogs get slaughtered that's what my professor said anyways

[andromeda160]

Originally Posted by Runnin' Rebel

I thought it was pigs get fat, hogs get slaughtered that's what my professor said anyways

"Bears make money, bulls make money, pigs get slaughtered." Was a quote from the movie Wall Street I believe.

[locutus49]

I posted on your visitor board.

Originally Posted by andromeda160

"Bears make money, bulls make money, pigs get slaughtered." Was a quote from the movie Wall Street I believe.

[beshannon]

Originally Posted by andromeda160

"Bears make money, bulls make money, pigs get slaughtered." Was a quote from the movie Wall Street I believe.

Exactly.

If I want to gamble I will go to Vegas.

Until then I will stick to stocks with good fundamentals

[SMD]

I'm smart enough to know that I am not smart enough to beat the market long term.

[azguy]

Originally Posted by locutus49

You sound like a smart guy. You are young, so you can afford to risk money trading stocks.

Lol, I do it for a living and sit in front of my computer during the trading day, it's easy for me to my at $15 and sell at $18 and make 20%

[azguy]

Originally Posted by SMD

I'm smart enough to know that I am not smart enough to beat the market long term.

Well, I beat the market every year with 60% of the volatility (standard deviation) but it's my business, if I just wanted the "market" I'd buy SPY and go home and play golf.

[Etschell]

the spy will never go down over the long term unless the entire market fails.

in terms of twitter it is one of the worst run public companies. i wouldnt buy it long.even if it gets bought out RSUs, warrants etc are 100 million shares. so you have a 14% dilution event upon buy out.