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Started By
Message
Even if Musk does not close Twitter deal they are still in trouble
Posted on 5/17/22 at 7:37 am
Posted on 5/17/22 at 7:37 am
quote:
@elonmusk
20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher.
My offer was based on Twitter’s SEC filings being accurate.
Yesterday, Twitter’s CEO publicly refused to show proof of <5%.
This deal cannot move forward until he does.
If the board knew the numbers were a lie, and still filed those with the SEC for earnings, etc then they are all in a world of hurt, or at least should be.
I would prefer Musk to purchase it but short of that hopefully this kills Twitter for good.
LINK
11
Posted on 5/17/22 at 7:39 am to stout
quote:
If the board knew the numbers were a lie, and still filed those with the SEC for earnings, etc then they are all in a world of hurt, or at least should be.
This is correct.
And, they are going to have to show the data.
There's some out there that think the number is waaaay higher than 20%.
Posted on 5/17/22 at 7:42 am to stout
quote:
then they are all in a world of hurt, or at least should be.
Should be. But not a damn thing will happen.
Posted on 5/17/22 at 7:53 am to stout
I think Twitter should be dismantled and destroyed- legally and financially- from top to bottom. It should exist only as an example of what happens when you don’t MAGA
Posted on 5/17/22 at 8:13 am to stout
Along with news stations, Twitter is a non-profit, propped up to advance a cause.
Posted on 5/17/22 at 8:21 am to stout
quote:
at least should be
It is nice how you still think justice is equally applied.
Posted on 5/17/22 at 8:22 am to stout
Reminder: Wells Fargo basically did the same shite.
Posted on 5/17/22 at 8:40 am to stout
Nothing will happen to twitter. The government will probably bail them out with taxpayer money. Twitter is too important to them.
Posted on 5/17/22 at 9:19 am to stout
quote:
If the board knew the numbers were a lie, and still filed those with the SEC for earnings, etc then they are all in a world of hurt, or at least should be.
At a minimum Elon should be able to avoid any breakup fee that he would owe them, on grounds of (at a minimum) failure to cooperate with due diligence, if not outright fraud.
Posted on 5/17/22 at 9:45 am to stout
I'm back.
Eta: holy shite that worked. This Twitter Saga has been entertaining and looking forward to all those bots being exposed.
Eta: holy shite that worked. This Twitter Saga has been entertaining and looking forward to all those bots being exposed.
This post was edited on 5/17/22 at 9:47 am
Posted on 5/17/22 at 10:04 am to stout
Posted on 5/17/22 at 10:59 am to stout
quote:
Even if Musk does not close Twitter deal they are still in trouble
he is still buying it, but when the dust settles the price wont be the original $54 a share but closer to the low $20 a share of its real true value
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