It would seems
Reuben Kressel nailed it. The retail investor perfectly top-ticked his 500-share sell order on 12/27 and since
Twitter shares have tumbled 25% -
with plenty of volatility in between. As the world waits breathlessly
for the firm’s first earnings call later this month, it seems ‘taking
profits’ is the new norm as firm after firm shifts their buy-buy-buy
reccomendations to ‘hold’ or ‘sell’.
Have no fear as Evercore’s Ken Sean ($70 Target), CRT’s Neil Doshi
($65), and RBC’s Mark Mahaney ($60) are still there for the bulls to
rely on…
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