Musk buys a big chunk of Twitter

Why do they need to sell at all? Musk made an unsolicited offer they couldn't refuse. They were not exactly looking for a buyer, IIRC...

 

Twitter come Monday is going to get destroyed.

 

Incidentally, this is part of why boards aren’t required to accept a buy out offer just because it is higher than the current market price.

When you’re dealing with a loose cannon and known market manipulator like Musk, there’s a sizable chance the deal doesn’t close at the offered price, likely forcing the company into major litigation. And not just an ordinary big law suit, but one against a public figure who is already critical of your company and has a huge following of fans that he loves to turn against his enemies.

Heck, the narrative now is that Musk intended to do this the whole time to “expose” and embarrass Twitter. True or not, these are the kinds of things boards have to consider before accepting unsolicited buy out offers, even if they are nominally above the price of the day.

 

I hope so as it will allow me to pick up a lot more shares

 

Trump does have Truth Social. Of course, Truth Social has an estimated 513,000 active user base compared with Twitter's 217 million daily active users.

 

Musk has been sued by Twitter shareholders for market manipulation and from what I could determine the lawsuit is still pending meaning that Elon could be on the hook for billions of dollars in damages.
Twitter Shareholders Sue Elon Musk For Sowing Confusion To Tank Deal – Deadline
Twitter shareholders sue Musk, claim he sought to drive down stock price
Twitter investors sue Elon Musk over acquisition shenanigans – TechCrunch
Twitter Shareholders Sue Elon Musk Twitter Over Chaotic Deal
And let's not forget this:
SEC confirms probe of Elon Musk’s Twitter share purchase disclosures

It could turn out that Elon Musk has been too smart for his own good.

 

I doubt it, it’s been trading about $20 less than Musk’s offer since early May, looks like Wall Street already priced in that Musk is a lying dope.

 

https://www.realclearpolitics.com/video/2022/07/09/trump_elon_musk_is_a_bullshit_artist.html

buwahahahahahahaha

Pot meet kettle.

 

That would be fine with me. Take Facebook with it.

 

Musk trolling twitter on twitter.

 

Seems like a strange time for Trump to start attacking Musk given that Musk has been complaining about wokeness and saying he intends to vote Republican.

 

Whoa Elon, crank it down on the passive-aggressive defensiveness, not EVERYONE believes you volunteered to choose between losing big or losing massively.

 

I told you guys Twitter was hiding something and that Musk would back out for legal reasons/bots...

'90% Bots': Elon Musk Reveals Twitter Is a Military Grade Psy-Op To Brainwash the Masses - News Punch

 

Oh wow. That's good stuff right there. It is the CIA! And 90% of users are bots! Lol.

 

I believe they said 90% interaction with bots... NOT the same thing as 90% are bots, so... still too often...

Don't tell me. You believe in some 'Q" but you don't know that the CIA is very well funded though corporate investments and other means?

Do yourself a favor and get a better Browser and a real Search Engine... not powered the by Google types.



Tell me if you see a theme...

25 Cutting Edge Firms Funded By The CIA


‘Intelligence coup of the century’: CIA secretly owned encryption firm used by other countries to communicate


Open your eyes...

5 Corporations Now Dominate Our Privatized Intelligence Industry

 

Probably the first time he's pulled out of anything

 

Oh, so a bot read 90% of posts? See, that I would believe because people have bots that record posts. But what a stupid point, if that is what they are saying.

So wait, is the CIA controlled by the corporations or are the corporations controlled by the CIA? It is always so difficult to tell what nonsense theory is being offered.

 

Buwhahaha...I laughed so hard

 

You either already know what the CIA is up to, or you are playing dumb... You're too smart to be the other.

 

So what is the CIA up to, exactly?