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Tuesday, July 29, 2014

$twtr - twwwoooowwww

Numbers were pretty good. Revenue beat. User growth beat. Gross Margins at highs.



My only rubs: 

1. FB produced an 84% GM this past quarter, and consistently produces +70% GM. TWTR should be in a similar position. 

2. Operating Margin losses to decline faster.

twtr will be testing the 50 level resistence, if action holds.



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