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Started By
Message
re: Twitter Board adopts "poison pill" to try to stop Musk; rejects offer
Posted on 4/15/22 at 12:19 pm to udtiger
Posted on 4/15/22 at 12:19 pm to udtiger
quote:
As in SEC drops a hammer improper.
As if a Biden-led SEC is going to drop the hammer on anyone on the left...or, said a different way, that's (D)ifferent.
This post was edited on 4/15/22 at 12:20 pm
1
Posted on 4/15/22 at 12:19 pm to member12
Maybe I'm ignorant, but I thought you had to allow investors to keep the same percentage of shares when creating new ones for the market?
Posted on 4/15/22 at 12:19 pm to member12
Figured Musk had already sold off his shares to Vanguard.
Posted on 4/15/22 at 12:19 pm to member12
Cathy Wood explains why she is dumping twitter.
“Jack's leadership was very important to evolving Twitter to where it was, and we thought his idea of opening up to crowdsource the oversight of the behavior on the platform was moving in the right direction,” Wood told Yahoo Finance’s Julie Hyman in a sit-down interview. She added that the first few things the firm saw after the appointment of new CEO Parag Agrawal was “more censorship.”
So Cathy Wood just announced she is pulling out of Twitter combined with Elon's pulling out of the stock means this will be a fricking blood bath of a stock on Tuesday. Sub 15 dollars could be in the horizon now.
“Jack's leadership was very important to evolving Twitter to where it was, and we thought his idea of opening up to crowdsource the oversight of the behavior on the platform was moving in the right direction,” Wood told Yahoo Finance’s Julie Hyman in a sit-down interview. She added that the first few things the firm saw after the appointment of new CEO Parag Agrawal was “more censorship.”
So Cathy Wood just announced she is pulling out of Twitter combined with Elon's pulling out of the stock means this will be a fricking blood bath of a stock on Tuesday. Sub 15 dollars could be in the horizon now.
Posted on 4/15/22 at 12:20 pm to CGSC Lobotomy
Those are funny and uncommon last names. Not one damn smith in there.
Posted on 4/15/22 at 12:22 pm to member12
These Wall Street pump and dump schemes have become rather sophisticated.
Posted on 4/15/22 at 12:23 pm to Abstract Queso Dip
TWTR board hired Goldman to "advise" it that the Elon Musk $54.20 offer is too low. Only problem: Goldman has a SELL rating with a $30 price target.
I predict the Gamestop Reddit crew will now target Twitter to put as much pain as possible on Apollo who just purchased more shares and is now a bigger holder than Elon.
I predict the Gamestop Reddit crew will now target Twitter to put as much pain as possible on Apollo who just purchased more shares and is now a bigger holder than Elon.
This post was edited on 4/15/22 at 12:27 pm
Posted on 4/15/22 at 12:24 pm to CGSC Lobotomy
This reality goes back to the weaponization of these entities by that worthless frick Obama. This administration is nothing but an extension of his policies.
Posted on 4/15/22 at 12:25 pm to member12
I'm blaming everything that happens on bad people. Send lawyers, guns, and money.
Posted on 4/15/22 at 12:27 pm to MrLSU
quote:
TWTR board hired Goldman to "advise" it that the Elon Musk $54.20 offer is too low. Only problem: Goldman has a SELL rating with a $30 price target.
They were paid to produce a desired result and affix their name to it. Not to actually advise.
Posted on 4/15/22 at 12:28 pm to member12
quote:
dilution of company shares
Posted on 4/15/22 at 12:30 pm to CGSC Lobotomy
quote:
Doesn't this violate Sarbanes Oxley, Graham-Leach-Billey and several other SEC regulations?
No. Netflix did the same thing in 2012 when Carl Icahn tried to acquire the company.
Posted on 4/15/22 at 12:33 pm to MrLSU
quote:
Cathy Wood explains why she is dumping twitter.
I don't know if I would ever use Cathy Wood in support of any argument I was trying to make. People have made a lot of money inversing everything Cathy Wood does.
Posted on 4/15/22 at 12:33 pm to SoonerK
Musk uses twitter a lot to pump products and stocks.
He might be letting twitter frick themselves so he can buy it for less.
He might be letting twitter frick themselves so he can buy it for less.
Posted on 4/15/22 at 12:44 pm to udtiger
quote:
As in SEC drops a hammer improper.
You think the SEC under a Biden administration is going to drop the hammer on Twitter??? Gensler is on the phone right, I bet, telling them he won't do a damned thing.
Posted on 4/15/22 at 12:46 pm to member12
Musk is going to win this if he wants to. Why do I say that? Because at the end of the day he is smarter than the ones fighting against him.
Posted on 4/15/22 at 12:46 pm to member12
Well if you have a Twitter your a fricking idiot or a child.
Posted on 4/15/22 at 12:50 pm to member12
The bubble desperately tries to protect itself. Truth is seen as an invader and must be repelled.
Posted on 4/15/22 at 12:50 pm to SoFla Tideroller
What shareholder in their right mind would hold onto Twitter right now? The Board of Directors just publicly said they are going to dilute your shares and make them worth less money so you do not reap the financial benefits of a takeover of the company.
I don't think the BoD could have done a worse job for his shareholders in this case. The Class Action litigation is going to massive and at this point I wouldn't be shocked if Robbins, Geller, Rudman & Dowd haven't filed the first lawsuit against Twitter and its BofDs.
I don't think the BoD could have done a worse job for his shareholders in this case. The Class Action litigation is going to massive and at this point I wouldn't be shocked if Robbins, Geller, Rudman & Dowd haven't filed the first lawsuit against Twitter and its BofDs.
Posted on 4/15/22 at 12:59 pm to udtiger
quote:
As in SEC drops a hammer improper.
They won’t do shite. It’s another corrupt government entity controlled by unelected bureaucrats who probably want censorship just as bad as Twitter.
Do you really think it is a coincidence that the DOJ decided this was the time to investigate Musk? They are in cahoots with Twitter
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