Twitter is at its 1.618 extension which bounced nicely from 13, it can go up to 40 to 50. If it is acquired by another company, like Linkedin acquired by Microsoft.. it's price will double over night
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everyone is talking about a possibility of aquiring twitter. The estimated value should be greater or equal to linkedin
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When everyone is greedy, you should be fearful. It's a trick that played by Wall Street again and again. Look at the headline of the news:
Twitter's shares slump on report that bids are unlikely
Twitter's shares slump on report that potential bidders lose interest
Let's ask ourselves one question, why should any potential bidders lose interest in a week while they had already being plotting it for years?
Why didn't any news about twitter bidders occur before the price spiked? Why are there so many negative news immediately after twitter crash?