Replies to post #7484 on Keeping It Simple

[eastunder]

TWTR lock ups

from their 424B4 filed 11/7/13

http://www.sec.gov/Archives/edgar/data/1418091/000119312513431301/d564001d424b4.htm

page 46

A total of 474,696,816, or 87.1%, of the outstanding shares of our common stock after this offering will be restricted from immediate resale, but may be sold on a stock exchange in the near future. The large number of shares eligible for public sale or subject to rights requiring us to register them for public sale could depress the market price of our common stock.

The market price of our common stock could decline as a result of sales of a large number of shares of our common stock in the market after this offering, and the perception that these sales could occur may also depress the market price of our common stock. Based on shares of our capital stock outstanding as of September 30, 2013, we will have 544,696,816 shares of our common stock outstanding after this offering. (474,696,816 above + 70,000,000 listed below)

Our executive officers, directors and the holders of substantially all of our capital stock and securities convertible into or exchangeable for our capital stock have entered into market standoff agreements with us or lock-up agreements with the underwriters under which they have agreed, subject to specific exceptions, not to sell any of our stock for 180 days following the date of this prospectus. (May 2013)

We refer to such period as the lock-up period. As a result of these agreements and the provisions of our investors’ rights agreement described further in the section titled “Description of Capital Stock—Registration Rights,” and subject to the provisions of Rule 144 or Rule 701, shares of our common stock will be available for sale in the public market as follows:


beginning on the date of this prospectus, all 70,000,000 shares of our common stock sold in this offering will be immediately available for sale in the public market

beginning as early as February 15, 2014, up to an aggregate of 9,867,228 shares of our common stock that are held by our employees who are not executive officers may be eligible for sale in the public market in order to satisfy the income tax obligations of such employees resulting from the vesting and settlement of the outstanding Pre-2013 RSUs for which we expect the service condition will have been satisfied on such date and through the end of the lock-up period (or up to an aggregate of 3,282,859 shares of our common stock held by our employees who are not executive officers if we choose to undertake a net settlement of all of these awards to satisfy a portion of such income tax obligations); and


beginning 181 days after the date of this prospectus, the remainder of the shares of our common stock will be eligible for sale in the public market from time to time thereafter, subject in some cases to the volume and other restrictions of Rule 144, as described below.


Upon completion of this offering, stockholders owning an aggregate of up to 386,952,743 shares will be entitled, under contracts providing for registration rights, to require us to register shares of our common stock owned by them for public sale in the United States.

In addition, we intend to file a registration statement to register 209,449,274 shares reserved for future issuance under our equity compensation plans, including shares reserved for future issuance pursuant to options under an equity compensation plan that were assumed upon completion of our acquisition of MoPub.

Upon effectiveness of that registration statement, subject to the satisfaction of applicable exercise periods and expiration of the market standoff agreements and lock-up agreements referred to above, the shares of our common stock issued upon exercise of outstanding stock options or the vesting of RSUs will be available for immediate resale in the United States in the open market.

[eastunder]

TWTR Open Gaps

Direction Date range  
 up Dec-20-2013 57.75 to 58.01 

up Dec-24-2013 64.99 to 65.56 FILLED 12/27/13



Tracking Negatives: As she's quite bearish

bollie is spread to beat the band. Takes down or sideways to pull that back.
StochRSI - leader of the direction. Below .2 and starting a wedge (takes more downside to create a wedge)
Fast and slow sto to follow the simple signs
Acc/dist - dumping

[eastunder]

TWTR Intraday

55.56 2/19



5d/56.90

[eastunder]

TWTR intraday

50.79

3/18/14

[eastunder]

TWTR intraday

45.52

4-15-14

[eastunder]

TWTR Intraday

44.76 4/24



Intraday

[eastunder]

TWTR/Tracking Phil Pearlman's $26 target


TWTR Doing the "lock up/walk down"










Twitter's stock is getting slammed today, is this a buying opportunity?

As if the hit they took after reporting Q1 one earnings wasn’t enough, the little birdies at Twitter are having another rough day. Shares of the company’s stock are down 17% today, falling to an all-time low today of $31.85.

At least part of today’s fall is due to the expiration of the company "lock-up." Now that they have been trading publicly for 180 days many employees who until now were not allowed to sell their shares are doing so. It amounts to potentially 80% of the company's stock.


While many big investors and stakeholders are less likely to be selling today, it doesn’t bode particularly well when your employees look to cash out and jump ship. That said, this is nothing new. It happens in some form when just about any lock-up, especially those for a hot growth company, expires.

Jeff Macke and Yahoo Finance interactive editor Phil Pearlman dug a little deeper into the company's issues. "They had the successful IPO based...in part on that low float and now just a ton of shares coming available to sell," says Pearlman. "You had this huge run-up into the end of the year," he notes, "then you've had this monstrous selloff as all the momentum names from 2013 got killed, and now you have a situation where you have this huge downtrend. Now some people will say that part of that downtrend was anticipation of this lock-up and so the day when the lock-up ends becomes an incredibly important day...there's really no way to gauge that bottom."


With no way to measure a bottom what does that mean for the stock in terms of a buying opportunity? Pearlman's take:

Longer term, this wreckage might create opportunity. At some point, there will be over-reaction in the direction of the trend and then, for those who want to hold long term and believe in the company, that’s where you get opportunity. Still, Twitter has some significant problems including new user growth, the on-boarding process, as well as fixing and monetizing search, that require killer execution from the Twitter team.

Pearlman also notes that there is some level of support around $26 a share, the price the big institutional investors bought in at last November when the stock went public.

[eastunder]

TWTR pinch watch

55.13 5/11

[eastunder]

TWTR

34.44

[eastunder]

TWTR

38.74

[eastunder]

TWTR 38.92 gap

Direction Date range
up Jul-30-2014 38.92 to 45.65

Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=twtr&cobrand=&mode=stock#4lIfcfh2v2VjX2Uv.99

[eastunder]

TWTR Open Gaps: tracking

Direction Date range
up Aug-12-2014 43.6 to 43.61
up Jul-30-2014 38.92 to 45.65
up Jun-10-2014 34.55 to 34.66

[eastunder]

up Jul-30-2014 38.92 to 45.65

[eastunder]

TWTR
$39.35 +2.9717 (+8.17%)

26,374,016 on Above Avg.

1:19

.5,.5,.5,.5,.5,.2,.5,.5 / 3.7
+ ? (Had been tracking 30 support)

[eastunder]

TWTR

.5,.5,.5,.5,.5,.2,.5.,5
+.1 all b4 earnings .2 after

[eastunder]

TWTR Gap Up/ GPRO Gap Down

Twitter (NYSE: TWTR) reported Q4 EPS of $0.12, $0.06 better than the analyst estimate of $0.06. Revenue for the quarter came in at $479.08 million versus the consensus estimate of $453.4 million.

Announces Goog/TWTR agreement on Search.




GoPro (NASDAQ: GPRO) reported Q4 EPS of $0.99, $0.29 better than the analyst estimate of $0.70. Revenue for the quarter came in at $633.9 million versus the consensus estimate of $580.33 million.

GoPro sees Q1 revenue of $330 - $340 million and EPS of $0.15 - $0.17, with the consensus calling for Q1 revs of $324 million and EPS of $0.17. The company sees Q1 margins at 44 percent, down sequentially.

Announces COO resigns, but bigger issue - still has looming lock up expiration Feb 17th on 76.1 million shares. Check float, check outstanding to see possible issues that will cause if any.

[eastunder]

TWTR Open Gaps

Direction Date range
up Feb-06-2015 43.79 to 45.8
up Feb-05-2015 40.83 to 40.91

Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=twtr&cobrand=&mode=stock#9Imux5caJjTsgUkA.99

5d 43.32

[eastunder]

TWTR

[eastunder]

SMA's

39.85


23.22


3.00


17.99


5.00


21.53


6.62

[eastunder]

Pinch setting up / TWTR

[eastunder]

Pinch setting up / TWTR

C pps: 37.35
5/6/15

Support1: 36.52 Support2: 30.38






Support/Resistance

Type Value Conf.  
 resist. 53.32 2  
 resist. 51.35 10  
 resist. 49.44 3  
 resist. 46.34 2  
 resist. 45.69 2  
 resist. 44.38 2  
 resist. 43.53 2  
 resist. 41.83 3  
 resist. 40.19 4  
 resist. 39.49 2  
 resist. 38.37 6  
 supp    36.80 4  
 supp    35.86 2  
 supp    35.03 2

Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=twtr&cobrand=&mode=stock#eyOqcEezE5yyxQS5.99

[eastunder]

TWTR

[eastunder]

TWTR

27.60

[eastunder]

TWTR

25.91 12/10/15

Cap off

[eastunder]

TWTR

19.59

[eastunder]

TWTR Pinch

[eastunder]

Briefing.com - 12:15 PM ET

It's rarely a dull day for Twitter (TWTR) and its shareholders. Unfortunately, it's also rarely ever a good day, with the stock trading roughly 60% below its IPO opening price. Today, however, is a different story as the stock is popping higher by 10% on news the company could potentially be drawing interest from Silver Lake Partners and venture capitalist Marc Andreessen. This past weekend, "The Information" ran an article saying that some kind of deal may be in the works, although the details were scarce. As shares of TWTR have plummeted, speculation has intensified that the micro-blogging site could become an acquisition target. Just a couple weeks ago, it was rumored that News Corp. (NWSA) might be interested in taking a stake in the company, but that notion was quickly dismissed by NWSA.

The idea of Silver Lake and Marc Andreessen teaming up to make a deal with TWTR seems to carrying a little more weight with investors, though. On the surface at least, it does seem plausible. For instance, Mr. Andreessen's interest in TWTR is no secret. He was an original investor in TWTR before the company went public, and him and his business partner Ben Horowitz ultimately sunk millions into the company before its IPO. So, he is clearly a believer in the company and has had a substantial financial stake in TWTR. As for Silver Lake, TWTR would seem to be a fit within its portfolio, which is technology focused, including companies such as Alibaba (BABA), GoDaddy (GDDY), Dell, and Motorola Solutions, among others.

And as for TWTR's willingness to do a deal, CEO Jack Dorsey has been facing the heat to make something happen as its stock has tumbled and its user growth metrics have stagnated. TWTR also just saw its Media Chief and SVP of Product head for the exits, creating even more tumult within the company. As many investors are keenly aware, Jack Dorsey has his hands full as Square's (SQ) CEO, which is also facing strong selling pressure, down 23% from its IPO opening price. So, simply put, if the company is to turn its fortunes around, a shake-up of some kind seems to be in order.

Another consideration for TWTR investors and traders is that the company is set to report its Q4 results on February 10, after the close. Given the very negative sentiment and higher short interest, expectations will be very low heading into the print. As some may recall, the company did report upside Q3 EPS and revenue numbers back on October 27. However, there were two major issues with the report. First, monthly active users barely budged quarter-on-quarter, up 2.5% to 320 million. This solidified fears that TWTR has plateaued in terms of user growth. Second, it issued ugly downside Q4 revenue guidance of $695-$710 million versus the prior Capital IQ consensus estimate of $742 million. This indicated that advertisers are pulling back sharply on its marketing spend on its platform as they may not be seeing the ROI they had hoped for.

The following day, the stock opened with sharp losses, but, was able to rally throughout the day and closed with minimal losses. Of course, as we now know, the stock was not able to parlay that intra-day recovery into any upward momentum as shares spiraled lower over the coming months. This time around, with speculation ramping and with the bar set very low, TWTR could be in a more positive position to see a post-earnings move higher, particularly if its results and guidance indicate some stabilization. An up-tick in its monthly average user growth rate could potentially be a significant catalyst. Of course, the flip side to this is that TWTR reports a train-wreck quarter, causing the stock to crater ever more. But again, considering the rock-bottom expectations heading into the report and the swirling rumors regarding a deal, the risk does look more favorable -- at least relatively speaking -- than compared to the past few quarters.
________________________________________________

It Doesn't Add Up For Silver Lake To Buy Twitter

Chuck Jones , Contributor, Forbes

http://www.forbes.com/sites/chuckjones/2016/02/01/it-doesnt-add-up-for-silver-lake-to-buy-twitter/?utm_campaign=yahootix&partner=yahootix#f3f74572197c

There are media reports that private equity group Silver Lake and Marc Andreessen are considering either investing in Twitter TWTR +5.88% or buying the company. The two partnered on Skype and did very well when it was sold to Microsoft MSFT -1.85% in 2011. When I look at the numbers it doesn’t make a lot of sense to me for them to invest in Twitter since I think buyout firms look for cash flows to support and grow the business and pay out dividends.

Twitter is losing money but generating positive operating cash flows

For the first three quarters this year Twitter lost $431 million, which was a small improvement from the $452 million it lost in the first three quarters last year. However the company’s stock based compensation expense accounted for all the losses in both years. Twitter did generate $284 million in operating cash flow in the first three quarters this year vs. $38 million last year.

Capital expenditures ate almost all the operating cash flow

For the first three quarters of 2015 Twitter spent $267 million in capital expenditures, up from $133 million in the first three quarters of 2014. This means that the company generated $17 million in free cash flow. It is definitely trending in the right direction since its free cash flow for the first three quarters last year was a negative $(94) million.

Acquisitions put cash flows into the red

I believe the money spent on acquisitions needs to be taken into account since they should be viewed as an outsourced research and development cost. Companies buy other companies for their technology, people, customer base and revenue which means this is just another operating expense but accelerated. Twitter spent $52 million in the first three quarters this year on acquisitions, which means its adjusted free cash flow was a negative $(35) million vs. $(258) million last year when it spent $163 million buying other companies.

Balance sheet is in good shape but would get blown up if acquired

If Silver Lake buys Twitter it will take on a large amount of debt. Therefore lets calculate how much interest payments would be which impacts cash flows.

Market cap before the rumor hit was about $11.3 billion

Assume a 30% premium to Friday’s close makes the market cap $14.6 billion

Assume that the buyers use $1.4 billon of Twitter’s cash to either pay off the convertible debt or for part of the equity needed for the deal

Assume that 20% of the $14.6 billion needs to be equity or $3 billion

Need debt of $11.6 billion

For every 1% interest rate the yearly cost is $116 million

If the debt costs 3% that would add approximately $350 million to Twitter’s annual interest payments

Silver Lake would be looking for cost savings and Twitter is still growing so the cash burn would be lower in a year or two out. It could be that Silver Lake and Andreessen believe a strategic buyer will come along and pay more than the $14.6 billion in this scenario since some buyers have stock prices that would make the deal more palatable.

[eastunder]

TWTR Open Gap

Direction Date range
up Feb-01-2016 17.07 to 17.54

Cp/7
n1/poss 2 (1T)






Support/Resistance

Type Value Conf.  
 resist. 31.21 6  
 resist. 29.62 2  
 resist. 28.14 6  
 resist. 26.90 2  
 resist. 26.32 4  
 resist. 25.54 9  
 resist. 24.46 3  
 resist. 23.51 5  
 resist. 22.08 3  
 resist. 21.33 3  
 resist. 18.59 2  
 supp    17.06 10  
 supp    15.11 2

18.66 pivot

[eastunder]

TWTR
Open Gaps

Direction Date range
up Feb-17-2016 16.4 to 16.43



5 17.78
20 16.53

[eastunder]

TWTR

17.89

20d 16.82

B all

http://ophirgottlieb.tumblr.com/post/140237606954/twitter-finally-unlocked-the-secret-to-huge-growth

[eastunder]

TWTR

16.90

[eastunder]

TWTR Stock: If Twitter Inc Delivers on This Key Number, Shares Could Surge

By Jeff Russell, B. Comm., MA Published : April 22, 2016

http://www.profitconfidential.com/stock/twtr-stock-if-twitter-inc-delivers-on-this-key-number-shares-could-surge/

Twitter Inc (NYSE:TWTR) is set to report its first-quarter earnings results after the bell on Tuesday and there’s a lot of pressure on the social network to reverse a series of disappointing results. Investors have hammered TWTR stock over the past year, which has declined 66% in that time.

But there is still hope for TWTR stock. Now that co-founder and CEO Jack Dorsey has been in charge for a few quarters, analysts are hoping he can restore confidence in TWTR stock again.

If Twitter manages to deliver on one key earnings number or even exceed expectations, TWTR stock has a good chance at reversing its downward trend. But before we get to that, let’s take a look at what’s expected from Twitter’s financial performance.

Analysts are still expecting fast growth from Twitter. The company is expected to report revenue of $608 million, up 39.4% from a year ago. On the earnings front, Twitter is forecasting earnings per share (EPS) of $0.10, which is up 43% from the same quarter in 2015. While these numbers sound impressive, they also represent a deceleration in year-over-year growth. Revenue grew 48% in the fourth quarter.

If the past is any indication, Twitter should have no problem hitting those numbers or even exceeding them. But investors aren’t concerned right now with Twitter’s financial numbers.

Once again, investors will be focused on user growth, which has been declining sequentially for several quarters. Twitter has been unable to grow beyond its 320 million monthly active users (MAUs) for two straight quarters now. A few yeas ago, Twitter and rival Facebook Inc (NASDAQ:FB) were neck and neck in the race to attract users. But Twitter has fallen way behind. Twitter seems like a small fish now compared to Facebook’s 1.59 billion MAUs.

Dorsey is trying to reverse the decline in user growth by simplifying the service and adding new features.

One of those features is video, which could be a major catalyst for TWTR stock. Once again, Twitter is behind in video though, which was just introduced on the social media platform last year with its live streaming app, “Periscope.” But it’s not too late for Twitter to catch up, as video on social media is just starting to take off. Twitter has yet to monetize Periscope, but you can bet there are plans to in the near future. And that could really help out TWTR stock.

Twitter might be able to get a major boost in MAUs with the recent broadcast deal it signed with the National Football League (NFL). The company is set to stream 10 Thursday-night NFL games during the 2016 season. According to Bloomberg, Twitter got the streaming deal for the bargain-basement price of around $10.0 million. (Source: “Twitter Gets NFL Thursday Night Games for a Bargain Price,” Bloomberg, April 5, 2016.)

It might not seem like it right now, but this is a huge win for Twitter, as it could reinvigorate user growth. The deal with the NFL could also pave the way for more video deals to include other sports, political content, and entertainment on Twitter. And at only $1.0 million per game, Twitter has nothing to lose from this deal.

The Bottom Line on TWTR Stock

There you have it: it all comes down to monthly active users. If Twitter can show that it’s adding users again, TWTR stock could reverse its downward trend. But if Twitter can show that it’s adding users at a good pace, TWTR stock could surge.

[eastunder]

TWTR

cpps: 14.40


Open Gaps

Direction Date range
down Apr-27-2016 17.08 to 15.28

Support/Resistance

Type Value Conf.
resist. 28.07 2
resist. 26.32 4
resist. 25.91 4
resist. 25.17 4
resist. 23.28 2
resist. 22.14 2
resist. 19.44 3
resist. 18.62 2
resist. 17.70 11
resist. 16.18 20
supp 14.07 2

Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=twtr&cobrand=&mode=stock#r0209aMs2RgET8fl.99

13.91

[eastunder]

TWTR

Shifting?

Gap down Apr-27-2016 17.08 to 15.28

+ all on marked/@15.08 Piv off 14.98 if volumed
1.5/1.25/1.5/1/1.25/.9/1.25/1.5/.5
0/.25/0/.5/.25/.1/.25/0/.5
14.44 lows
10.65/1.85/12.5




Support/Resistance

Type Value Conf.  
 resist. 25.91 4  
 resist. 23.28 2  
 resist. 22.14 2  
 resist. 19.45 2  
 resist. 18.59 3  
 resist. 17.63 12  
 resist. 16.01 15  
 resist. 14.93 2  
 supp    14.19 13 

=

[eastunder]

TWTR Intraday

14.86 5/27
15.20 cpps 6/2


+ all on marked/N: @15.08 Piv off 14.98 if volumed
1.5/1.5/1.5/1/1.25/.9/1.25/1.5/.5
0/0/0/0/.25/.1/.25/0/.5
14.44 lows
10.65/1.85/12.5

JTA:

Intraday



5 d 14.97
9 d 14.86
ema 20 15.06 set
EMA 10 15.13 move

[eastunder]

TWTR

Note: Fin

and

Gap down Apr-27-2016 17.08 to 15.28

[eastunder]

TWTR tagging the 20

[eastunder]

TWTR day 1 above 200
On fin resistance
wee's taking order

[eastunder]

TWTR





Twitter Inc (TWTR): Twitter Stock Looks Like a Sweet Trade

http://investorplace.com/2016/08/twtr-twitter-stock-charts-buyout/#.V6ycKGdTGUk

Buyout potential plus improving technicals for Twitter stock equate to a green light for TWTR traders

By Serge Berger, Head Trader & Strategist, The Steady Trader | Aug 10, 2016, 7:58 am EDT


Shares of Twitter Inc (NYSE:TWTR) stock tacked on another 2.6% on Tuesday after an already impressive run higher since its late July lows. While the company’s internal struggles are likely far from over, Twitter stock remains an attractive asset given the company’s user base and technology platform.

The technical picture for TWTR stock is increasingly pointing toward a break higher. Coupled with the potential for a buyout, Twitter looks set up for a promising trade.

When Twitter reported its latest financial results on July 26, it did grow the top line by 20% year-over-years, but many areas missed analyst expectations. The crucial user growth and user engagement metrics still aren’t impressing investors, and even the recently added live-streaming feature for sport and other events is not getting rave reviews. On the back of this latest earnings report, Twitter stock dropped. But as we will see, TWTR has rebounded in a convincing way.

Twitter Stock Charts

On the multiyear weekly chart that stretches back to Twitter’s IPO in 2013, we see that after TWTR stock broke below its 2014 lows in the summer of 2015, investors largely gave up hope in the company and exited en masse.

Notably, however, since this past February, Twitter stock has been able to hold a bottom. Also, while shares haven’t materially broken higher, the price action is looking more and more promising for the bulls.



On the daily chart, we see that although it took a few months for TWTR to find its footing following the early 2016 selloff, by June and into July, shares climbed in a more sustainable manner. Soon, Twitter stock overcame its 50-day (yellow) and 100-day (blue) simple moving averages. Those MAs have held as support over the past few weeks and are giving active investors a point of reference for risk management purposes.

After July’s earnings report, TWTR shares quickly gapped lower and dropped nearly 15%. But impressively, it took just a few days after earnings for renewed buyout rumors to resurface, and Twitter stock has pushed right back up near where it traded prior to the earnings announcement.



On the chart, TWTR stock is now visibly coiling up below a confluence technical area of resistance made up of the black diagonal line, the July highs and the red 200-day MA. The price action is constructive and points toward a potential breakout into the low $20s.

Bottom Line on TWTR

Investors are seemingly looking past the weak growth metrics of Twitter and toward a potential buyout bid of the company.

Active investors willing to participate in this potential next leg higher in Twitter stock could either begin legging into a partial long position in the stock here, or first wait for a breakout to take hold before buying.

[eastunder]

TWTR

[eastunder]

TWTR News Headlines


Twitter Shares Surge on Reports That it is Exploring a Possible Sale
11:41 AM ET, 09/23/2016 - MT Newswires

11:41 AM EDT, 09/23/2016 (MT Newswires) -- Shares in social media major Twitter (TWTR) surged higher on Friday after the company reportedly commenced talks with several technology companies to explore the possibility of selling itself.

Twitter's shares were 20% higher at the time of writing on Friday after multiple news agencies claimed that it was exploring the possibility of being acquired by another company. CNBC reported that the company was in talks with technology companies including Alphabet's Google (GOOGL) and Salesforce.com (CRM).

MT Newswires sought comments from the three companies. A press spokesperson at Salesforce told MT Newswires that the company does not comment on rumors or speculation. Twitter and Alphabet had not responded at the time of publication.

The rumours come after Twitter posted second quarter results in July which missed analysts' expectations on revenue but beat on earnings.

The company posted revenue worth $602 million in the quarter ended June 30, below the consensus estimate of analysts polled by Capital IQ for revenue of $607.3 million. Non-GAAP net income stood at $0.13 per diluted share, above the mean estimate from analysts for $0.09 per diluted share. Over the past four quarters, the company has missed analysts' expectations on revenue on two occasions and beaten on two occasions.

Price: 22.38, Change: +3.75, Percent Change: +20.10



Twitter

Briefing.com - 10:53 AM ET


Shares of Twitter (TWTR) are up 20% at an eight month high on a report from CNBC's David Faber that the company is moving closer to a sale.

Twitter management has long said that it intends to remain independent despite incessant rumors that larger technology companies were interested in a strategic acquisition of the company.

David Faber reported that Google (GOOG) and Salesforce (CRM) were both interested in the company and the Board is open to a sale but no deal is imminent. Twitter has reportedly decline to comment.

Twitter has struggled mightily since going public as user growth has been essentially nonexistent.

Facebook's (FB) phenomenal success set up Twitter investors for disappointment. Facebook has become much more ubiquitous and had already figured out how to monetize its mobile user base when Twitter came public in late 2013. This set up unrealistic expectations for the micro blogging site. Facebook represents a person's identity on the internet. Twitter is a great resource for news but is mostly occupied by anonymous 'trolls'.

Twitter co-founder Jack Dorsey returned as CEO one year ago to revive the company but user growth remains stagnant. The company continues to disappoint as digital ad dollars increasingly go to Facebook, Instagram and Snapchat.

What's more, Twitter has paid a hefty price to attract and retain talent in Silicon Valley. Stock based compensation totaled $167 mln in the second quarter, wiping out nearly all of the $175 mln in adjusted EBITDA (which excludes stock based compensation).

Twitter has missed sales estimates two quarters in a row and offered downside sales guidance for the fourth consecutive quarter. Jack Dorsey is now focused on making Twitter the place for live events. A deal to stream NFL games started this season.

Analysts on Wall Street have become increasingly negative on the stock as the fundamentals have deteriorated despite acknowledging the strategic value for an acquirer. The stock is now more than 60% off its lows from May/June, leading some analysts to believe the current ~23x EBITDA multiple -- in-line with what Microsoft (MSFT) is paying for LinkedIn (LNKD) -- already captures the premium an acquirer would be willing to pay.

[eastunder]

TWTR

$22.31 +3.68 (19.75%) on 112,108,359 Above Avg
Average Volume (10 Day)
20,791,930

UB 20.91
5 19.21
BA Gap 18.92
50 d 18.58
BB 16.94

[eastunder]

TWTR vs FB

FB low 17.55 after IPO
GAP up on volume
Breakaway gap/No fill - ever
cps 128.28



TWTR low 13.73
Gap up on volume
Breakaway gap? Unknown still
cpps 24.13



BA gap with cross overs


BA gap with cross overs as well

[eastunder]

TWTR Open Gaps

Direction Date range
up Oct-05-2016 23.79 to 24.13
up Oct-03-2016 23.25 to 23.45
up Sept-23-2016 18.92 to 21.11
up Jun-13-2016 14.45 to 14.51
down Oct-06-2016 24.13 to 21

[eastunder]

Twitter (TWTR) Tops Q3 EPS by 4c; Announces Restructuring, Workforce Reduction


Twitter (NYSE: TWTR) reported Q3 EPS of $0.13, $0.04 better than the analyst estimate of $0.09. Revenue for the quarter came in at $616 million versus the consensus estimate of $605.84 million.

Average monthly active users (MAUs) were 317 million for Q3, up 3% year-over-year and compared to 313 million in the previous quarter.
Average U.S. MAUs were 67 million for Q3, up 1% year-over-year and compared to 66 million in the previous quarter.
Average international MAUs were 250 million for Q3, up 4% year-over-year and compared to 247 million in the previous quarter.

Restructuring and Reduction in Force

This morning we announced a restructuring and reduction in force affecting approximately 9% of Twitter’s positions globally. The restructuring, which focuses primarily on reorganizing our sales, partnerships and marketing efforts, is intended to create greater efficiency as we move toward our goal of driving toward GAAP profitability in 2017.

The restructuring allows us to continue to fully fund our highest priorities, while eliminating investment in non-core areas and driving greater efficiency. Over time, we will look to invest in additional areas, as justified by expected returns and business results. We remain committed to our previously stated long-term goal of 40-45% adjusted EBITDA margins net of traffic acquisition costs (TAC).

We estimate that we will incur approximately $10 million to $20 million of cash expenditures as a result of the workforce restructuring, substantially all of which are severance costs, and $5 million to $10 million of non-cash expenditures, consisting primarily of stock-based compensation expense. We expect to recognize most of the pre-tax workforce restructuring charges in Q4.

[eastunder]

Twitter Q3 2016 Shareholder Letter

October 27, 2016
https://www.sec.gov/Archives/edgar/data/1418091/000156459016026293/twtr-ex992_6.htm

Dear Shareholders,

We look forward to discussing our third quarter 2016 financial results with you at 5:00 a.m. PT today. As a reminder, to have your questions considered during Q&A, Tweet to @TwitterIR using #TWTR. Thank you for your interest and we look forward to speaking with you soon.

Overview

Total revenue in the third quarter reached $616 million, up 8% year-over-year. We saw accelerating rates of growth on a year-over-year basis across daily active usage, Tweet impressions and time spent for the second consecutive quarter. The increase was largely driven by product improvements and organic growth, with marketing initiatives providing additional lift.

We also saw meaningful improvement in our advertising metrics with increased yield and lower ad load quarter-over-quarter as a result of improving auction dynamics and the acceleration in daily active usage and Tweet impressions. Product improvements are having a direct positive impact on audience growth, engagement and monetization. We believe that, with continued disciplined execution, growth in audience and engagement will drive acceleration in revenue growth over time.

Q3 revenue totaled $616 million, an increase of 8% year-over-year.


Advertising revenue totaled $545 million, an increase of 6% year-over-year. Mobile advertising revenue was 90% of total advertising revenue.

Data licensing and other revenue totaled $71 million, an increase of 26% year-over-year.

U.S. revenue totaled $374 million, an increase of 1% year-over-year.

International revenue totaled $242 million, an increase of 21% year-over-year.

Total ad engagements were up 91% year-over-year.

Cost per engagement (CPE) was down 44% year-over-year.

Q3 GAAP net loss of $103 million and non-GAAP net income of $92 million.

Q3 GAAP diluted EPS of ($0.15) and non-GAAP diluted EPS of $0.13.

Q3 adjusted EBITDA of $181 million, up 28% year-over-year, representing an adjusted EBITDA margin of 29%.

Average monthly active users (MAUs) were 317 million for Q3, up 3% year-over-year and compared to 313 million in the previous quarter.

Average U.S. MAUs were 67 million for Q3, up 1% year-over-year and compared to 66 million in the previous quarter.

Average international MAUs were 250 million for Q3, up 4% year-over-year and compared to 247 million in the previous quarter.

Mobile MAUs represented 83% of total MAUs.

Average daily active usage1 (DAU) grew 7% year-over-year, an acceleration from 5% in Q2 and 3% in Q1.

Daily active users (DAUs) are Twitter users who logged in or were otherwise authenticated and accessed Twitter through our website, mobile website or mobile applications on any given day. Average DAUs for a period represent the average of the DAUs at the end of such period. In the past, Twitter has discussed DAUs and the ratio of monthly active users (MAUs) to DAUs. In those instances, for comparability and consistency with MAUs, DAUs also included users who accessed Twitter through our desktop applications and third-party properties.


We’re focused on driving value across three key areas of our service: audience, content, and revenue. We believe these will have the biggest impact on our ability to increase audience growth, engagement and monetization. Let’s go through each in more detail.


Audience

Refining our core service and improving safety are critical to growing our audience. In Q3, we saw accelerating rates of growth on a year-over-year basis for daily active usage, Tweet impressions and time spent on Twitter for the second consecutive quarter. The increase was largely driven by product improvements (including better relevance in the timeline and notifications) as well as organic growth.


While our efforts are beginning to drive growth in audience and engagement, we believe there is still significant opportunity ahead. To get a better sense of the size of this opportunity: consider that each day there are millions of people that come to Twitter to sign up for a new account or reactivate an existing account that has not been active in the last 30 days.


To capture this large opportunity, and drive daily active usage across the millions of people at the top of our funnel each day, we’re refining our core service in four key areas: onboarding, the home timeline, notifications and Tweeting. We’re rapidly iterating across these four areas and encouraged by the direct benefit we’ve seen from recent product improvements that are driving results in Q3, following the inflection in Q2.

For people who are new to Twitter, we’re making onboarding more topic-based so they can quickly find the accounts that are Tweeting news and information they care about. Earlier in the year, we ran several experiments with a new topic-based onboarding experience. The final results showed new follows and mutual follows both increased 30%, along with an increase in time spent on Twitter as more people graduated into more active states.

With the home timeline, we’ve made major strides to show people the most important Tweets first; news and commentary that they may have missed but would have wanted to see. Having great content that’s relevant when someone reactivates their account is critical to retention. With the enhanced timeline, launched in Q1, we put the best Tweets in front of people returning to our service and it’s having an impact. In Q3, the enhanced timeline drove increases in retention for both monthly active and daily active usage, as well as increases in Tweet impressions and engagement (in the form of Tweets, Retweets, replies, likes and time spent on the platform). The timeline will continue to improve over time as our machine learning systems get better.

When people aren’t on Twitter, notifications alert them to what’s happening. Notifications are intended to drive daily usage among people who currently use our service and increase retention across the millions of people who come to Twitter at the top of our funnel. We’re now increasing our use of machine learning techniques to improve the relevance of our notifications and provide additional content to people who come back to Twitter so they can continue to explore all of the unique news and commentary our service has to offer. We’re already seeing an impact: the introduction of more relevant notifications in Q3 drove increased retention for both monthly active and daily active usage. Soon, notifications will be more than text, displaying rich media messages as well.

And finally, we will make Tweeting easier and more meaningful by providing more context and letting people not only broadcast to the world but also have deeper, open conversations about the topics they care about. Expect to see more experimentation in this area soon.

All the initiatives above are focused on enabling people to consume and express themselves freely; freedom of expression is core to who we are. Everyone on Twitter should feel safe expressing diverse opinions and beliefs and targeted behavior that harasses or threatens others to silence another person’s voice is unacceptable to us and a violation of our policies.

For the past few months our team has been working hard to build the most important safety features and updating our safety policies to give people more control over their Twitter experience. Next month, we will be sharing meaningful updates to our safety policy, our product, and enforcement strategy.


Content

Live-streaming video instantly shows the value and power of Twitter. Our two main initiatives in this area, our premium live-streaming video experience and Periscope, are showing great promise.

We’ve signed more than a dozen live streaming video partnerships since June, many of which have already started streaming content on a daily or weekly basis. The feedback has been overwhelmingly positive. In fact, if you look at our first five NFL Thursday Night Football games, we’ve consistently seen the total audience grow on a week-over-week basis, with the most recent three #TNF games reaching more than 3 million viewers, up more than 28% from Twitter's inaugural game with 2.35M viewers.

One of the many encouraging results we’ve seen with the launch of NFL Thursday Night Football on Twitter is that the average time spent watching #TNF among our lightest users exceeds the average time spent among medium and heavy users, suggesting that this new experience is presenting people who are less familiar with Twitter with a compelling new reason to use our service. Twitter’s live streams of Bloomberg Politics’ presidential debates were also very successful. The second and third debates averaged a reach of 3.3 million unique viewers, an increase of more than 30% over the first presidential debate. In total, the debates generated an average of almost 3 billion Tweet impressions, with the second debate generating a record of 16 million debate-related Tweets sent, making it the most Tweeted debate ever. We also achieved record DAU levels in the U.S. during all three debates.

Our live-streaming video experience is unique in that it pairs a live-streaming video together with the vibrant live conversation happening on Twitter. People come for the high quality video content, but then also get to see the best of Twitter in our curated Tweet stream with the best commentary about the event. We’ve started to test a more personalized timeline experience in the live streaming product based on people's interest graphs and a selection of Tweets from key influencers.

Together, our logged out and syndicated audiences represent more than 1 billion people. We’re beginning to capitalize on this very large opportunity by delivering compelling new content via our live-streaming video experience. All three of our audience segments (logged in, logged out, and syndicated) receive the same great product experience with high quality live-streaming video, our curated event specific timeline, and of course video advertisements. We’ve integrated our video player with several significant partners including Yahoo, AOL, SB Nation, and Sports Illustrated on the web and Apple TV, Amazon Fire, and Microsoft XBox on connected TVs. We expect to add more syndication partners in the coming months. Importantly, both our logged out and syndicated audiences are shown the same ads as our logged in audience and we also provide many of the same measurement features to advertisers across all three audience segments. Up to 15% of the audience on Twitter during #TNF viewed that content on a logged out basis in Q3.

Periscope, as a product, is also making great strides and has become an indispensable tool for sharing live, immersive perspectives around the world. We now support a new format of content with the launch of Periscope Producer which allows partners to easily broadcast and Tweet professional grade live video using any camera source. Multiple partners, including ABC, Disney Studios, Estadao, Fusion, News & Documentary Emmys, and Sky News were early partners who broadcasted their professionally produced content, adding to the already diverse selection of live video on the platform.

Revenue

We believe that accelerating growth in audience and engagement will help re-accelerate growth in our ads business over time. In addition, we need to win our share of social marketing budgets and continue to deliver advertising solutions that extend beyond social marketing -- into performance and premium mobile video budgets. To do this, we’re focused on three main initiatives: building a rich canvas for marketers; driving increased ROI with improved measurement, bidding, and relevance; and increasing scale by leveraging Twitter’s unique total audience. We believe these areas of focus will enable us to deliver value to advertisers of all sizes and capture incremental budgets for both video and direct response ads over time. Here’s an update on our key priorities and how we’re executing against them.

Let’s start with video. For our second consecutive quarter, video has been our top revenue generating ad format. Twitter has a very straight-forward value proposition: premium live content and conversation with a large audience that can be targeted with precision. As a result, we’re seeing very strong advertiser demand across both video and our live streaming ad formats. This is just the start of what we believe will be a long-term shift away from desktop video to premium mobile video.

Our early conversations with advertisers and agencies indicate that they’re prepared to start shifting more of their online video budgets (OLV) to Twitter. In Q3, marketer demand for Bloomberg’s Presidential debate package was so strong that available inventory for all four debates sold out in record time. We're also seeing active OLV spending from one of the world's largest agency holding companies. Their spending spans several categories ranging from Tech and Telco to Retail and CPG. We're currently in discussions with each of the other major agency holding companies and the demand for premium mobile video on Twitter is strong. In addition, with the recent expansion of the Twitter Amplify publisher program, which now supports pre-roll video, we anticipate a greater portion of OLV budgets will begin moving to Twitter over the coming quarters.

Ad performance across our live-streaming ad packages has also been strong. In addition to the audience reach mentioned above for the NFL #TNF live stream, Twitter’s live stream of the presidential debates over delivered on advertiser expectations with mid-roll ads in the pre- and post-debate shows delivering impressions significantly above expectations. That said, as we’ve indicated in the past, it will take time for marketers to fully appreciate the impact of video ads on mobile vs. the alternatives.

Accelerating growth in audience and engagement can also help drive higher ROI for performance-based advertisers on Twitter over time. We’re continuing to make good progress with our direct response features, which are designed to capture incremental “always-on” performance budgets by delivering clear and measurable ROI. As we enter the Q4 holiday shopping season, these features continue to become more sophisticated and effective for performance-based marketers.

In Q3 we introduced the Website Conversions objective to performance-based marketers in the US. This solution is especially effective for advertisers who want to retarget website visitors to drive more conversions. In our early test, advertisers using this objective to retarget their website visitors on mobile and desktop receive, on average, 2.5X the volume of conversions versus similar campaigns using the Website Visits objective.

Our integration with Google’s DoubleClick Campaign Manager (DCM) is also starting to take shape. The annual run rate for advertiser campaigns being measured through DCM is currently almost $75 million. We moved into a public beta for all brand engagement objectives during the first few weeks of Q4. We also plan to continue a private beta for direct response and performance based marketers, using desktop data as a proxy, for mobile conversions in Q4. This is an important step as we look to better understand the impact of Twitter ads across both desktop and mobile. We’ve also already started the alpha of Google’s DoubleClick Bid Manager (DBM) buying integration with the Twitter Ads API in the first few weeks of Q4.

Restructuring and Reduction in Force

This morning we announced a restructuring and reduction in force affecting approximately 9% of Twitter’s positions globally. The restructuring, which focuses primarily on reorganizing our sales, partnerships and marketing efforts, is intended to create greater efficiency as we move toward our goal of driving toward GAAP profitability in 2017.

The restructuring allows us to continue to fully fund our highest priorities, while eliminating investment in non-core areas and driving greater efficiency. Over time, we will look to invest in additional areas, as justified by expected returns and business results. We remain committed to our previously stated long-term goal of 40-45% adjusted EBITDA margins net of traffic acquisition costs (TAC).

We estimate that we will incur approximately $10 million to $20 million of cash expenditures as a result of the workforce restructuring, substantially all of which are severance costs, and $5 million to $10 million of non-cash expenditures, consisting primarily of stock-based compensation expense. We expect to recognize most of the pre-tax workforce restructuring charges in Q4.

Q3’16 Financial and Operational Detail

Revenue

Total revenue reached $616 million for the third quarter, up 8% year-over-year and above our previously forecasted range of $590 to $610 million.

Total advertising revenue of $545 million grew 6% year-over-year. Ad revenue from Twitter owned and operated (O&O) properties was $487 million, up 9% year-over-year. Non-O&O advertising revenue reached $58 million in the quarter, representing 11% of total advertising revenue and a year-over-year decrease of 12%. Revenue in our acquired off-network businesses was impacted by customer transition to in-house platforms and other solutions during the platform migration process. We expect non-O&O revenue to return to year-over-year growth over the course of 2017 as we continue to build out our capabilities to drive cost effective performance at scale.

By channel, brand advertisers remain our largest contributor to revenue, with large international advertisers our fastest growing market on a year-over-year basis. By product, Promoted Tweets with video were again our single largest revenue generating ad format. As expected, revenue continues to decline from traditional Promoted Tweets while newer brand features continue to gain adoption.

Data licensing and other revenue was $71 million, up 26% year-over-year, driven by strength in our mobile ad exchange business.

Advertising Metrics

Total ad engagements grew 91% year-over-year, driven by higher ad load year-over-year and more auto-play video impressions. Average CPE fell 44% year-over-year, primarily due to a higher mix of video engagements.

We continue to work on optimizing the efficiency of our ad platform. This quarter, we were pleased to realize a higher overall revenue yield quarter-over-quarter. We achieved this at meaningfully reduced ad loads compared to the previous quarter, including on US home timelines.

Costs

On a GAAP basis, total expenses including stock-based compensation (SBC) in Q3 grew 3% year-over-year to $694 million, resulting in a narrower GAAP quarterly operating loss of $78 million, compared to an operating loss of $105 million last year.

On a non-GAAP basis, total expenses in Q3 grew 5% year-over-year to $519 million. The increase was driven by higher infrastructure costs and increased sales and marketing expenses, offset by reduced spend in R&D. Traffic acquisition costs were 56% of non-O&O advertising revenue in the quarter, compared to 63% in Q3 2015 and 52% in Q2 2016.

SBC expenses were $159 million in the quarter, down more than $9 million from the previous quarter and below our $165 to $175 million forecasted range. Our goal remains to drive down SBC as a percent of revenue over time to the level of our benchmark peers. We ended the quarter with 3,910 employees.

Net Income (Loss) and Adjusted EBITDA

GAAP net loss in the quarter was $103 million, resulting in GAAP diluted EPS of ($0.15). Non-GAAP net income was $92 million and non-GAAP diluted EPS was $0.13.

Adjusted EBITDA was $181 million, up 28% year-over-year and more than $30 million higher than the high end of our $135 to $150 million forecasted range. Adjusted EBITDA margin on GAAP revenue was 29% compared to 25% in Q3 2015 and 29% in Q2 2016.

Balance Sheet

We ended the quarter with $3.7 billion in cash, cash equivalents, and marketable securities. GAAP net cash provided by operating activities in the period was $189 million. Adjusted free cash flow* was approximately $80 million in the quarter, compared to ($19) million last year.

Audience

We saw stable growth for monthly active usage for the third quarter in a row and an accelerating rate of growth on a year-over-year basis for daily active usage for the second consecutive quarter. Total MAUs grew to 317 million from 313 million in Q2. Organic growth and product improvements drove most of the increase, with marketing initiatives providing additional lift. Average daily active usage grew 7% year-over-year, an acceleration from 5% in Q2 and 3% in Q1.

We also saw positive trends for user engagement, across almost all measures, with time spent on platform and Tweet impressions accelerating on a year-over-year basis for the second consecutive quarter, while searches and direct messages continued to post strong double-digit growth rates year-over-year.

Outlook

As noted below, we are not providing specific revenue guidance for the fourth quarter and full year 2016, but we have provided both adjusted EBITDA and adjusted EBITDA margin guidance. As we’ve disclosed, we are restructuring our organization in order to drive greater efficiency and effectiveness as we continue to scale our business. As part of the restructuring, we will move from three sales channels to two. The transition of accounts will take place over the course of the fourth quarter and, as a result, could have an impact on our revenue performance. As such, there is a wider range of potential revenue outcomes. As stated earlier, we are very pleased to see improvements in some key advertising metrics in the third quarter including increased yield and lower ad load driven by improving auction dynamics and the acceleration in daily active usage and Tweet impressions. We believe that, with continued disciplined execution, this could lead to an acceleration in revenue growth over time.

For full year 2016, we expect:

Adjusted EBITDA to be in the range of $700 to $715 million;

Adjusted EBITDA margin on GAAP revenue to be 27.5% to 28%;

Capital expenditures to be no more than $360 million.


Additionally, for Q4, we expect:

Stock-based compensation expense to be in the range of $150 to $160 million;

GAAP share count to be in the range of 715 to 720 million shares;

Non-GAAP share count to be in the range of 725 to 735 million shares.

Note that our outlook for Q4 and the full year reflects foreign exchange rates as of October 14, 2016 and also fully reflects the effect of the restructuring and reduction in force.

[eastunder]

$17.70 +0.755 (+4.46%) on 18,834,211 Above Avg Vol

[eastunder]

TWTR

17.37 2/1/17

reports 2/9 B

https://www.thestreet.com/story/13973901/1/trade-the-twitter-breakout-using-these-charts.html?puc=yahoo&cm_ven=YAHOO

The daily chart shows the sharp drop in price last October, which was highlighted by two wide gaps lower. Over the next two months, it was able to move off the low and close the lower gap, briefly retaking its 50-day moving average. The attempt to make higher lows failed going into the end of the year, and the stock moved back below the 50-day average and continued down through the 200-day average.


Since that time, it has formed a "W" shaped bottoming pattern below resistance in the $17.50 area, which is the intersection of the two moving averages, a horizontal resistance level, and the upper Bollinger band.


The relative strength index has moved back up above its center line, reflecting recent positive price momentum. The aroon indicator -- a momentum indicator based on time relative to price rather than price relative to time, meaning it identifies new highs and early shifts in trend -- is making a bullish crossover. Chaikin money flow is in positive territory for the first time since November 2016, and is suggesting renewed buying interest in the stock.

[eastunder]

TWTR

$18.40 +0.47 (+2.62%) on 11,480,256 Above Avg Vol

reports 2/9

DB w/Handle BO
18.02 pivot

[eastunder]

TWTR



7.88, 16.75, 16.30 sup



fin 17.00 & 15.75

[eastunder]

TWTR

Of the last 5 Q's - 3 reports created gaps down




4-26-16 1Q after market closed (4/27 reaction) GAPPED DOWN



7-26-16 2Q amc (7/27 reaction)GAPPED DOWN




2-9-17 4Q before market opened (2/9 rd same day as reported/BMO report) GAPPED DOWN

[eastunder]

TWTR 14.72 4/20

5d>9 5d almost >14d
pps >20d

Track potential shift

B0 @ 14.89 if vol

[eastunder]

TWTR to gap on earnings

Gap 14.96

[eastunder]

BUZZ-Twitter Inc: Set for 3-mth high as Dorsey buys more stock
8:10 AM ET, 05/01/2017 - Reuters

** Twitter shares up 3.9 pct at $17.12 in premarket and on course to hit highest level since Feb. 2

** Microblogging site's CEO Jack Dorsey buys more than half a million TWTR shares for about $9.5 mln, filing on Friday showed

** That adds to the roughly $7 mln in stock Dorsey bought earlier this year, bringing the number of shares he has purchased this year to 1 mln

** Dorsey's disclosure comes days after TWTR reported better-than-expected user growth in Q1, following several quarters of stalled growth

** WSJ reported on Sunday that TWTR will partner with Bloomberg for a round-the-clock streaming TV news service on Twitter; announcement expected Monday, Journal says

** After a ~35 pct decline in 2015 and another ~30 pct last year, TWTR has inched up 1.1 pct so far in 2017, helped largely by gains following Q1 results

[eastunder]

TWTR 18.59 pivot

[eastunder]

Twitter (NYSE: TWTR) reported Q4 EPS of $0.19, $0.05 better than the analyst estimate of $0.14. Revenue for the quarter came in at $731.6 million versus the consensus estimate of $686.06 million.

[eastunder]

TWTR Open Gaps

Direction Date range
up Feb-08-2018 27.08 to 29.71
up Feb-07-2018 25.58 to 25.76
up Oct-26-2017 17.41 to 18.9
up Apr-26-2017 14.96

cur200d 22.05

[eastunder]

TWTR open gaps


Open Gaps

Direction Date range
up Jun-05-2018 37.98 to 39.19
up Jun-01-2018 34.97 to 35.09
up Feb-07-2018 25.58 to 25.76

Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=twtr&cobrand=&mode=stock#SAGYCOBrfzr5bfKG.99



20 day 34.70
50 day 31.83

Gap two fits in line with standard 20 test

Track for S&P rebalance pullback

[eastunder]

TWTR

1-31-19

33.56

Twitter Inc. (NYSE: TWTR)

SEC, nasdaq,

ShortSqueeze,yahoo

Finviz, StockTA, Stoxline,