When a 'widely followed short seller' goes long. It's worth paying attention to, right? LOL
With the volume TWTR is having there has to be a bit of short covering happening already.
It will be interesting to see what happens next week.
Good luck!
Twitter spikes after Citron Research says it's long
1:05 PM ET, 01/26/2018 - Reuters
** Shares of Twitter Inc up 7.6 pct to $23.85 on Fri after widely followed short-seller Citron Research says it's long the social networking co
** "Have been long $TWTR and agree with Hedgeye and Greenlight that 2018 is the year for $TWTR target $35 Think Tencent buys....now go bash Citron on $TWTR," Citron said in a tweet
** TWTR is down about 0.5 pct YTD and down 67 pct from record high in Dec 2013 following its IPO
** The co has struggled to keep up with Facebook and other faster growing social networks. In 2016, TWTR failed to find a buyer