Closing 1 Trade (TWTR, DMD)

By: ispeculatornew
Date posted: 09.03.2014 (3:00 am) | Write a Comment  (2 Comments)

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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:)

TWTR data by YCharts

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This entry was posted on Wednesday, September 3rd, 2014 at 3:00 am and is filed under Free Stock Picks. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

1. Comment by Ken — September 3, 2014 @ 6:23 am
   

   I don’t understand your comment, “Too late to get in?” Into what?

2. Comment by IntelligentSpec — September 3, 2014 @ 10:17 am
   

   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.

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