May 07/14 – Jesse Livermore would be so proud
There can be no denying that yesterday’s lockup expiry trading in Twitter was nothing short of abysmal. Given how much CNBC hyped the potential selling, the carnage was all the more surprising. Have a look at the trading over the past couple of days:
TWTR trading over the past couple of days
It was not as if the stock was trading near the daily highs eith…