Earnings Follow-Up: 47% Gains Overnight on Twitter
This past Wednesday, I told you that two companies were set to report earnings – and I believed that both of them were primed for a big move.
The companies were Peloton (Nasdaq: PTON) and Twitter (NYSE: TWTR).
As it turned out, both names made sizable moves – but Twitter delivered the best overnight winner (members are still holding their Peloton positions in The War Room).
As a quick review…
War Room members paid $3.08 for a two-sided position on Twitter. And yesterday morning, they sold this position for $4.54, good for a 47% winner overnight.
And remember, we were not “guessing” on which direction Twitter would move.
This overnight gain of 47% would’ve occurred no matter which way Twitter moved.
Sure, we’re giving up some gains by trading this way. But we’re also being smarter – and safer – about these moves. In my view, giving up some profits – in return for eliminating the guesswork – is a trade I’d make every single time.
Take a look at what these members had to say…
“TWTR was a great trade made $2,000. Thank you Bryan.” – Tito
“Nice call on TWTR, I stayed in about 10 minutes later and made 100%.” – James D.
“TWTR is the gift that keeps on giving.” – Jerry K.
Action Plan: From Wednesday to today you saw – in real time – how one of our “Overnight Trades” worked.
See that move on the Twitter chart above – from $33 up to $38? That’s all you need to make a 47% winner overnight.
If you’d like to start trading these moves – knowing that you’re safe on a move in either direction – then I invite you to join me in The War Room.
Oh, and just in case you’re curious, here are some additional comments we received from members on the Twitter recommendation:
“FIRST TRADE in War Room from yesterday done. TWTR – in at $1.61 sold @ $4.60.” – Brad T.
“In @3.11, out @4.12. Great trade guys!” – Vincent
“Just sold twitter 177%.” – Kenneth
“THANKS SO MUCH! This was a really big winner for me. YOU GUYS ROCK!” – Rob T.
“Hot oatmeal and a GREAT winning trade! What a way to start the day. Thank you!” – Jerry K.