I Said Twitter Was A Screaming Buy – Was I Right?

It was only about ten months ago, on August 2, 2017, that I wrote the article, Why Twitter is a Screaming Buy. I discussed several reasons, including Twitter’s biggest asset (Donald Trump). Also, I detailed an extensive coverage of earnings and the lack thereof. I also came up with some suggestions about how Twitter could improve its revenues.

At the time that I wrote the article, the stock was trading for less than $16 a share. It closed at the end of that day at 16.07.  What’s it trading for now? Currently, the stock is up 3%, so far Friday, trading at 40.94.

What’s the return if you had bought the stock back on August 2? A very respectable 155%. Not bad for a holding period of less than a year.

The bird is flying.

Disclaimer: This article is designed to provide information. It is provided with the understanding that neither the author nor the publisher is engaged in rendering legal, accounting, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.