The technicals are not all against longs here. The extreme volatility of Twitter and the market is what's dragging this down. I still expect a large gap up this week
There is no downside for longs. Either they improve the bottom line based on their own merits (and they have some good initiatives to get them there) or someone else takes the helm. Buying at these levels is a 3x-5x bagger later down the road IMHO.