I got burnt on calls last year buying into similar hype and schemes. The looming buyout didn't keep this stock out of the $14.50-$16.50 range for most of the year and the higher the pps goes the less chance of it happening. Earnings aren't improving... they're still going down year over year. The only thing currently propping this run up is insider buying, an unproven channel streaming plan and a small spike in subs. Otherwise it's same 'ole same 'ole with TWTR. So I'd hardly call a 3 day run an official turn-around especially when the shorts haven't had they say yet. I feel pretty safe in betting that TWTR drops back into the bottom end of the $16.50-$18.50 channel before September.
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