Wednesday, July 29, 2015

Twitter (TWTR) Crashes on 2Q'15 Results and Guidance

Twitter (TWTR) had a gap open this morning (02015.07.29). Sadly, it was a down gap of 11%. Yesterday's close: $36.54; today's open: $32.54. TWTR hit a new 52-week low of $31.30 shortly after today's open.

Yesterday I bought some TWTR at 11 $Pi; today I could have bought it at 10 $Pi.

Interestingly, yesterday the start of the 5:00pm local Fox News displayed a bunch of tweets about the first female to become a NFL coach. The newscasters read the tweets. I joked to my wife: All they're doing is reading tweets to us. Look at all the tweets on the TV screen. Why has Twitter stock been such a bad investment?

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