I remain quite fond of Twitter as a short position. This is partly based on the chart which, if it breaks beneath 49.99, it’s bombs-away; it is partly based on the fact that in the face of a rip-roaring bull market in social media stocks (Exhibit A: Facebook), Twitter has been completely lame; and, finally, it is partly blamed on the fact that I tried Twitter as a customer (e.g. I bought ads to drive traffic to Slope) and it was a complete, utter, and irrefutable dud. I’ll never go back.
