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@josecorai
May 27, 2020 | 02:15 PM EDT DOUG KASS
Goodbye to My Little Blue Bird
* I have sold the balance of my Twitter holdings
I continue to whittle down my long book after the "rip your face rally" over the last two months.
Towards that end I earlier sold my entire $GS
May 27, 2020 | 02:15 PM EDT DOUG KASS
Goodbye to My Little Blue Bird
* I have sold the balance of my Twitter holdings
I continue to whittle down my long book after the "rip your face rally" over the last two months.
Towards that end I earlier sold my entire $GS
position.
Yesterday I halved my Twitter ($TWTR) holdings (after a run from $20 to $34) and I have just sold the balance of my Twitter for a sizable gain.
As mentioned earlier, Twitter is in the vortex of a possible continued pivot from growth to value.
Though still a unique and
Yesterday I halved my Twitter ($TWTR) holdings (after a run from $20 to $34) and I have just sold the balance of my Twitter for a sizable gain.
As mentioned earlier, Twitter is in the vortex of a possible continued pivot from growth to value.
Though still a unique and
valuable asset, I have an inkling that the fact checking based fight between President Trump and the company has just started.
If the conflict becomes really bad, it might be sub optimal for the shares and render a M&A event as more unlikely, especially in the face of a plethora
If the conflict becomes really bad, it might be sub optimal for the shares and render a M&A event as more unlikely, especially in the face of a plethora
of economic uncertainties (advertising, etc.) over the balance of the year, the proximity to the November election, and the growing lack of political appetite or acceptance of a potential deal (from both Republicans and Democrats).
What could also be a considerable headwind for
What could also be a considerable headwind for
the shares (and fundamentals) would be if the national polls begin to favor Biden over Trump - which I believe is a distinct possibility. In the extreme, a Biden victory could reverse the company's recently improving usage metric growth, given how important Trump's tweets
are for the franchise. @realmoney @jimcramer @tomkeene @cnbcfastmoney @SquawkCNBC @threadreaderapp unroll
