IvanLabrie

TWTR: Go long with a wide stop

Long
IvanLabrie Updated   
NYSE:TWTR   Twitter Inc
We can take a long position in TWTR here, we're long and looking to ride the upcoming uptrend leg.
Check out related ideas for the previous trade opportunity in TWTR.
It's a very strongly accumulated stock, this is just the beginning of the uptrend in it.

Good luck,

Ivan Labrie.
Comment:
Bam!
Comment:
I added to the trade here using the same stop. If we progress favorably after FOMC; we can expect a huge rally here.
Comment:
Bought protective puts for one month.
Comment:
Close half the position and close the protective put. Profit: -60 per put, +300 per 100 share batch.
Comment:
Target is now 24.34:
Comment:
www.bloomberg.com/ne...-informal-sale-talks

If TWTR is acquired it'll probably go even higher.
Comment:
Trade closed manually:
Closed TWTR @ 23.38
Comment:
I bought back and already added on yesterday's dip. Now in nice profit.
(sent to my signals clients naturally)

Comment:
Price gapped under my stop so I bouoght puts at the money for 1 month to hedge my risk.
I then doubled my position and shorted the December 16, $23 calls.
I'm looking to exit my puts if we get a smaller range day tomorrow, or we start to move up.

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