Monday, December 16, 2013

TSLA and TWTR

Nice run up on TSLA. Missed this one by a few points.

TWTR is now in insane valuation category. I shorted at 56.25. 40 day quiet period ends tomorrow. We'll see if it still stays at these valuations. Underwriters are expected to upgrade the stock with big price targets tomorrow. IMHO this will be a sell the news type of event. I will increase positions if the stock goes to lower mid sixties.