Twilio Inc.Short
TWLO - Down the river!
-Due to the upcoming earnings report on FEB 9 there is some bullish action on the TWLO, however once the earnings are out, it should fall down again.
-Reason to that is that the company is unprofitable and circulates in debt while there is an upcoming interest rate hike which will obviously affect unprofitable companies with debt on their balance sheet
-Unlike Zillow and Uber, Twilio stayed strong up till now but it gotta fall from here, we see no chance.
First Target Price: $180
Second: $150
-Reason to that is that the company is unprofitable and circulates in debt while there is an upcoming interest rate hike which will obviously affect unprofitable companies with debt on their balance sheet
-Unlike Zillow and Uber, Twilio stayed strong up till now but it gotta fall from here, we see no chance.
First Target Price: $180
Second: $150
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