Twitter Inc (TWTR)

[JetsamTrader]

TWTR continues the rise with nice YoY numbers and closing the gap with overhead while further stretching their already ample cash reserves. Sports streaming can bring the bump to get them in the green for Q3-Q4. TWTR's Q3 guidance is very conservative compared to analyst estimates so a gradual pps rise into the low 20's seems likely with revenue growth somewhere between the two. This may also force the hand of anyone seriously considering an M&A with TWTR. Short term higher lows in the $15-16's are a good entry point for the fun times ahead.