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Thursday, November 7, 2013

Twitter (TWTR) Stock - Buy or Sell?

Twitter (TWTR) Stock - Buy or Sell?   Twitter (TWTR) stock is a buy below $35, sell above $40.

Twitter (TWTR) stock will IPO today (November 7, 2013) after shares priced at $26 last night.  All indications have TWTR opening between $38-$45.  So should you buy Twitter (TWTR) stock?  Below $35 is a good deal for a trade.  However, for the long term, anything below $30 on a big drop is a strong buy.  Goldman Sachs is handling this IPO with care so I don't expect what happened to Facebook (FB) to happen to Twitter (TWTR).  Long term Twitter will be a force to be reckoned with and $35 will seem cheap but in the short term people are nervous.  I will have another update later today when the stock begins trading.    If you'd like more trading tips, join my stock picks group where we share ideas.

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