Twitter (TWTR) stock hit $50 on IPO day and has been in free-fall mode ever since. TWTR found some support just above $40 on Friday but really needs to hold that level going forward. The company is now valued between $28-29 billion based on a fully diluted share count. If the stock can drop back to $35, I think Twitter (TWTR) is a buy for the long term. I doubt the stock falls much lower than that! If you'd like more trading tips, join my stock picks group where we share ideas.
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