Twitter (TWTR) Correction in Progress?

Twitter (TWTR) fell 13% on Friday, 02013.12.27, closing at $63.75. 52-week range: $38.80 - $74.73. Pre-market trading today (02013.12.30) hints that TWTR might fall some more when the market opens. TWTR started this month at $41.57, so it's had a great month despite Friday's huge decline.

My Stock Market Prediction For 02014

There are two trading days left in 02013. I'm not into making predictions, but I will make one prediction of 02014: Some stocks will go; some stocks will go down; and some stocks (although I suspect not many) will end 02014 unchanged.

Should Have Bought More Twitter (TWTR)

Twitter (TWTR) keeps making new 52-week (and all-time) highs. Today (02013.12.23) TWTR closed at $64.54 after hitting a new all-time high of $64.99.

Posting from 02013.11.08...

Twitter (TWTR) was falling and I placed an order to buy a nano-sized amount of TWTR at 13 $Pi ($40.84). Now I want TWTR to go down more because I want to buy more TWTR at a lower price. Next buy price is 10 $Pi ($31.42).

The $31.42 didn't happen, but our "nano-sized" TWTR investment is up 58% in less than two months.

As of right now the "do not chase" investment strategy was a mistake.

TWTR 52-week range: $38.80 - $64.99.

Google (GOOG) and Amazon.com (AMZN) Close Above $1100 and $400, Respectively

On 20 December 2013, Google (GOOG) hit and closed about $1,100 for the first time in its history. Also on 20 December 2013, Amazon.com (AMZN) hit and closed about $400 for the first time in its history.

GOOG closed above $1,000 for the first time on 18 October 2013. It took GOOG 63 days to increase $100. AMZN closed above $300 for the first time on 12 July 2013. It took AMZN 161 days to increase $100.

GOOG closed on 20 December 2013 at $1,100.62 (intra-day high was $1,101.17) giving Google Inc. an approximate market value of $367.7 billion. AMZN closed on 20 December 2013 at $402.20 (intra-day high was $404.72). giving Amazon.com Inc. an approximate market value of $184.1 billion.

Red Hat (RHT) Reports Solid 3Q'14 Results

Red Hat (RHT) reported 3Q'14 results after the market closed yesterday (02013.12.19) and today (02013.12.20) RHT spiked to a new 52-week high. RHT closed yesterday at $49.00 and today it gapped open at $56.42.

The following paragraph was copied from Red Hat's 3Q'14 press release.

Operating cash flow was $95 million for the third quarter, as compared to $100 million in the year ago quarter. At quarter end, the company’s total deferred revenue balance was $1.12 billion, an increase of 14% on a year-over-year basis. Total cash, cash equivalents and investments as of November 30, 2013 was $1.33 billion after repurchasing approximately $40 million of common stock, or approximately 920 thousand shares, in the third quarter. Red Hat has repurchased approximately $239 million of common stock, or approximately 5.0 million shares, during the first nine months of fiscal 2014.

Sold Some Level 3 Communications (LVLT) at 10 $Pi ($31.42)

Level 3 Communications (LVLT) spiked to a new 52-week high of $31.97 this morning (02013.12.19) and that resulted in the sale of some LVLT shares at 10 $Pi ($31.42). The sale was of some high priced shares and that leaves our remaining LVLT holdings a modest [0] investment that's nicely above water.

[0] Modest implies I'd be content, if finances allow, to never sell another LVLT share.

Sold Some iRobot (IRBT) at 12 $Pi ($37.70)

iRobot (IRBT) spiked up today (02013.12.17) and I sold some IRBT shares at 12 $Pi ($37.70).