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re: Elon Musk is dumping 43 Billion Into Twitter in a Hostile Takeover

Posted on 4/14/22 at 6:25 am to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124614 posts
Posted on 4/14/22 at 6:25 am to
quote:

Dumping all his shares at once will TANK the stock price
Class D status limits that somewhat.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45944 posts
Posted on 4/14/22 at 7:48 am to
quote:

Class D status limits that somewhat.
If I'm correct, class D limits sale to another institutional investor, which would be aware that he's dumping, and the negative effect it would have on stock value. They'd be betting Twitter stock price would rebound.

Interesting game Musk is playing, for sure.
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