After 3 straight years of negative reports twitter has finally started making profit in the last two reports. To me this signals a change of direction for the company changing from acquiring more users to acquiring more advertisers. Exuberance will come back into the stock if Twitter can keep up its profitable reports. The company is relying on profitability NOW in 2018 in order to succeed.
I can see twitter doing what many other companies have done and "claim blockchain". The CEO of Twitter, Jack Dorsey, tweeted that he is a bitcoin bull. Since the CEO of twitter realizes block-chains potential, twitter integrating a blockchain advertising system eliminating middle men is not impossible and I think would help the company achieve profitability. Investors tend to get exuberant when a company "claims blockchain" so this could be good for twitter's stock as well. Of course this is an unlikely prediction but nothing is impossible.
Twitter had a 10% run up on the 17th, a few days before its report, the 25th. The reason the stock is down on day is because Twitter did not beat their last quarter and traders swinging reports sold the stock. Twitter is forming a steady (kudos to DevinBoule55). And i think that even though Twitter did not beat its last report, it is showing profitability and there is many green reports to come.
Overall I am on Twitter. 28$ is not a bad buy. My price target for the end of 2018 is 40$, That could easily be raised depending on future reports.