TWTR - jumps higher on a suggestion

Whilst the main market saw continued weakness, there were notable gains for Twitter (TWTR), which settled +6.5% @ $38.76. With the biggest gain since mid November, there is now viable upside to the price gap zone 43/47. If next earnings at least come in 'reasonable'... TWTR looks set for a return to the $50s.


TWTR, daily

Summary

*former Yahoo CEO Levinsohn - via clown finance TV (CNBC) no less, suggested TWTR should buy out Yahoo (YHOO)... hence the market ramping the stock this afternoon.
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I have to say, its an interesting idea, not least from the side of Yahoo, which remains a rather bizarre and lacklustre media/tech stock.

No doubt, TWTR could probably afford to launch a bid for YHOO, but I can think of better ways to spend billions of dollars.
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*TWTR remains an interesting stock to follow, but I have no interest in trading ANY of the momo/hysteria stocks. I've little tolerance for anything that doesn't pay a dividend, nor anything that is essentially nothing more than a website.