On one of last week’s CNBC Fast Moneys I fielded a viewer question asking my thoughts on Facebook (FB) shares at current level. The truth is I think very little of the shares right here …
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TWTR has managed to hold its recent lows just below $30 on a few occasions over the past few weeks, and today flirting with last week’s one month high. A few weeks ago we placed a trade …
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Sentiment towards Twitter as a stock and a company is downright horrible. On the stock front the overhang from the 6 month IPO lockup (early May) proved too much to bear, causing a 20% drop …
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On Wednesday, we laid out a contrarian way to play for a bounce in the next couple months to the mid point of the last month’s range in Twitter (below), with one large caveat: We …
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Twitter’s high volume selling on May 6th, after the end of the lockup period was on the highest volume in the stock’s history (higher than the IPO day). The breakdown below the $38-$40 support area …
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Earlier, in the Chart of the Day, I highlighted the sharp reversal in ZU (20% intra-day) following the stock’s lock-up expiration. Next week FEYE has 91 million shares coming unlocked (May 2oth to trade May …
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Zulily (ZU) is the online apparel retailer that went public six months ago offering 13 million shares at $22 a share. Since topping out in late February at $73.50, the stock fell victim to a …
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Looking back on the week that was it is hard to find a bigger story than the collapse of Twitter following its IPO lock up on Monday evening. For the rest of the week traders …
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For months now there has been a heck of a lot of talk in the financial media about asset bubbles. For the better part of 2012 and the first half of 2013, the focus was …
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To state the obvious, Social Media stocks have had a tough week, exhibiting very poor relative performance, as the S&P is still near another new high today. Investors’ reaction to Facebook’s $2 billion acquisition of …
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