I Don't Want You to Be the Guy in the PG-13 Movie

The "Three Day Rule" (previously discussed as a general rule of thumb for avoiding the knife-catch on names which have seen monstrous earnings gaps, for at least three sessions) for Twitter since its latest earnings quagmire has now come and gone. 

The stock is actually surging today on the back of some vague buyout rumors this morning, reminiscent of the what we used to frequently see for BlackBerry.

To be more practical, though, TWTR admirably held onto its now-rising 50-day moving average after the earnings gap down. The name now has an open gap up to $18.16 it can fill. 

But, beyond that, the real issue is, barring a buyout, whether TWTR can put on its game face and start to hold gains to sustain a new, meaningful leg higher after valiantly holding last-line-of-defense $14 earlier this year. 

The latest earnings results brought out the the long-term TWTR castigators, leaving one to wonder just how competitive and ambitious TWTR executives are these days. If they answer the bell here with a bit of a mean streak, like the guy in the "R" rated movie, it would add credence of a more serious long-term bottom despite the latest earnings hiccup.