New stock on the watchlist
Updated
Okay so a new stock that I will be putting on my watchlist is Twitter. The thing about this is just because we have Elon now invested into it in a big way with over a 9% share and the biggest shareholder that there is now.
We know when someone like him does something like this it is a calculated thing when you invest this big amount of money. So he is also looking to make money out of it there was a big time that was spend calculating it and if this company was the best investment that he could make than I think that this company could be going to make some more big moves.
We do can also see that the last 2 earnings that we got from this company are in the red and did not meet the expectations that the market was thinking it would do. The thing we now need to look out for are the earnings that are coming out once Elon is fully on board so we can see if he really would have a big impact on the company.
[I]What am I waiting for?[/I]
I am now waiting for the company to drop a little more and see if we can reach the price before we got the news that Elon bought the stocks. If we could get that price then I think that we could really see a big profit coming out of this investment. So that is the reason why I am not investing now but waiting and putting it on my watchlist.
It could also be that I invest before it reaches the price we got before the news but when I will be doing that I will update this idea and tell you guys about it.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
We know when someone like him does something like this it is a calculated thing when you invest this big amount of money. So he is also looking to make money out of it there was a big time that was spend calculating it and if this company was the best investment that he could make than I think that this company could be going to make some more big moves.
We do can also see that the last 2 earnings that we got from this company are in the red and did not meet the expectations that the market was thinking it would do. The thing we now need to look out for are the earnings that are coming out once Elon is fully on board so we can see if he really would have a big impact on the company.
[I]What am I waiting for?[/I]
I am now waiting for the company to drop a little more and see if we can reach the price before we got the news that Elon bought the stocks. If we could get that price then I think that we could really see a big profit coming out of this investment. So that is the reason why I am not investing now but waiting and putting it on my watchlist.
It could also be that I invest before it reaches the price we got before the news but when I will be doing that I will update this idea and tell you guys about it.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
Note
Update:Okay so when we look at the chart now we can see that the price is back down a little and actually right at the price we had before the big jump up. I am now going to wait and see what Monday will bring us but for now it looks like I am going to buy some shares for this stock.
Will keep you update on when I buy the shares and any more information that you might need.
If you have any more questions feel free to send me a DM.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.