Ahhh… on the one hand, this certainly feels like great news but I do feel like this stock is running away. Too late to get in? Time will tell. Back to today, I will be closing the August 11th trade: Long Twitter (TWTR) vs Short Demand Media (DMD) which is up about 37%!!
The overall return of the portfolio remains around +30% although I do have 3 losing trades that are alive and will hopefully stage a comeback:)
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I don’t understand your comment, “Too late to get in?” Into what?
Should have clarified.. I’ve been talking about taking a longer term speculative position on TWTR, stock is getting more expensive quickly but I’m also more and more of a believer.