Closing 2 Trades (TRIP, YELP, PYPL, TWTR)

By: ispeculatornew
Date posted: 05.10.2016 (3:41 am) | Write a Comment (1 Comment)

$yelp This morning I will be closing 2 different trades, one that has done extremely well and the other not as well!

#1-From March 7th, I had gone long Tripadvisor (TRIP) vs. Short Yelp (YELP) which currently stands at -33.94% mostly because of YELP shooting up following its most recent earnings.

TRIP_YELP_chart

$PYPL #2-April 1st: Long Paypal (PYPL) vs. Short Twitter (TWTR): I’m probably due for an update on my thoughts on Twitter but it’s safe to say that in the past few months, being short has generally led to good trades

PYPL_TWTR_chart

As is always the case, you can see the live trades of this year where the long & short portfolio stands at +10,35% (and past ones) here:

http://www.intelligentspeculator.net/livetrades

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This entry was posted on Tuesday, May 10th, 2016 at 3:41 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

Comment by Tim — May 22, 2016 @ 12:19 am

PayPal has something that many new startups will need a decade to earn: Trust. Check out http://www.stoccs.com/stock/NASDAQ-PYPL/PayPal for a super brief overview.

Twitter on the other hand seems to finally have decided what it is… and as http://www.stoccs.com/stock/NYSE-TWTR/Twitter highlights recent changes might work, but the numbers may take a while to catch up.

Trade looks solid, but markets are funny things.