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Started By
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Elon Musk has acquired a 9.2% stake in Twitter
Posted on 4/4/22 at 7:35 am
Posted on 4/4/22 at 7:35 am
quote:
Musk bought 73,486,938 shares in Twitter with sole voting power. The stake is worth $2.89 billion, considering Twitter's last closing price of $39.31.
The SEC filing shows that the stake was acquired on March 14, more than a week ahead of Musk making statements on Twitter.
This post was edited on 4/4/22 at 7:38 am
5
Posted on 4/4/22 at 7:46 am to Jag_Warrior
Wish I’d known that a week ago. 
Posted on 4/4/22 at 8:56 am to OTIS2
quote:
Wish I’d known that a week ago.
If you followed him on twitter you would have known he was up to something.
Posted on 4/4/22 at 9:23 am to Jag_Warrior
Why is this a big deal
Posted on 4/4/22 at 9:24 am to HailToTheChiz
quote:
Why is this a big deal
Elon hates twitter and has said as much many times. It looks like he has bought just to reinstate free speech.
Maybe not important to the money board but man does it give me hope for the future.
Posted on 4/4/22 at 9:27 am to I Love Bama
What is the threshold needed for him to have a greater say in operations?
I feel like 9% isn't that big of a deal in terms of operations. But I'm ignorant on all of this.
I feel like 9% isn't that big of a deal in terms of operations. But I'm ignorant on all of this.
Posted on 4/4/22 at 9:29 am to HailToTheChiz
quote:
What is the threshold needed for him to have a greater say in operations?
He has a greater say than any other shareholder.
To influence policy, he needs friends to jump onboard.
He is the type of influencer who could achieve that.
Posted on 4/4/22 at 9:29 am to HailToTheChiz
Imo, the "big deal" is cultural/political signaling. Someone with social and economic gravitas is finally standing up for free speech principles.
Musk is firing a shot across the bow of big tech censorship. Interesting that his ownership is < 10%...for now. Should the wokesters at TWTR not get the hint, I'd bet that percentage will increase steadily until they do or are forced out.
Musk is firing a shot across the bow of big tech censorship. Interesting that his ownership is < 10%...for now. Should the wokesters at TWTR not get the hint, I'd bet that percentage will increase steadily until they do or are forced out.
Posted on 4/4/22 at 10:03 am to I Love Bama
I canceled my twitter account long ago. Deemed it a cancer of a company
Posted on 4/4/22 at 10:10 am to OTIS2
This is all about Twitter's involvement in Bitcoin. That explains everything.
Posted on 4/4/22 at 10:10 am to HailToTheChiz
quote:
What is the threshold needed for him to have a greater say in operations?
As far as activism investing is concerned, it's usually somewhere in the 5-10% range.
Posted on 4/4/22 at 10:22 am to HailToTheChiz
Because Twitter is the absolute beacon for anti-free speech and government mandated propaganda.
Like most people with a brain, Musk is sick of that and sought to change that. It was speculated he would maybe create his own platform, but now this may be just changing twitter from within (which would obviously be more effective).
Musk now has about 4x the shares that Jack Dorsey has of Twitter lmao
Like most people with a brain, Musk is sick of that and sought to change that. It was speculated he would maybe create his own platform, but now this may be just changing twitter from within (which would obviously be more effective).
Musk now has about 4x the shares that Jack Dorsey has of Twitter lmao
Posted on 4/4/22 at 10:29 am to Jag_Warrior
I tailed some May 44 call buys that were made on 3/25...still 15k in OI, looks like they are closing part of the position today, as did I
Good way to start the week
Good way to start the week
Posted on 4/4/22 at 11:20 am to Jag_Warrior
Elon is taking a page from Carl Icahn.
You love to see it
You love to see it
Posted on 4/4/22 at 4:17 pm to Triple Bogey
Posted on 4/4/22 at 4:21 pm to thatguy777
quote:
I tailed some May 44 call buys that were made on 3/25...still 15k in OI, looks like they are closing part of the position today, as did I
Good way to start the week
Eh… you sure that your name isn’t John, you got a goatee and wear a backwards Kangol?
Seriously, nice 3 pointer from half court!
Posted on 4/4/22 at 5:17 pm to Triple Bogey
quote:yrue but let's hope elon is more moral than carl
Elon is taking a page from Carl Icahn.
Posted on 4/5/22 at 12:16 am to Jag_Warrior
I like getting lucky every once in a while...follow the money, huge put sales and large call buys are always a good tell. Combine that with technicals and fundamentals and it gets easier
Posted on 4/5/22 at 7:33 am to thatguy777
Dude made a billion dollars in like two days with just the appreciation of the stock since he increased his position.
Posted on 4/5/22 at 7:33 am to thatguy777
He was just appointed to the Board of Directors
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