Twitter (TWTR) stock held up well during Friday's big sell off. TWTR bounced off $25.51 Friday morning and then surged 5% to $26.74 while the Dow Jones was down 350 points. Twitter (TWTR) is now back to the IPO price point which nobody has seen except the early IPO investors.
Twitter (TWTR) is very cheap at these levels and the CEO announcement could come any week now. I'm expecting the stock to see a nice lift when the company makes the announcement but you will want to continue to sell all big rallies and then wait to buy back lower.
Twitter (TWTR) has been one of the best trading stocks on Wall St in 2015 but if you were greedy and didn't sell, you are down a ton. I'm back to a full position and will again be looking to sell into the next big rally.
We will be watching TWTR and buying it in the stock picks group.
If you are looking for more hot stocks, check out my 2015 Stock Gainers and 2015 Penny Stock Gainers.
