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 Chart

TWTR data by YCharts

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2 Comments

  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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