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re: Twitter Board adopts "poison pill" to try to stop Musk; rejects offer

Posted on 4/15/22 at 8:41 pm to
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 4/15/22 at 8:41 pm to
Yeah, Chris. We’re the problem. You’re every dumbass poor American stereotype rolled into one.
Posted by 1BamaRTR
In Your Head Blvd
Member since Apr 2015
24837 posts
Posted on 4/15/22 at 8:53 pm to
quote:

Yall salty as frick. It really is funny how angry yall get.

Almost every single political criticism you make on this site applies to you too. We have 2+ years of your political rambles as evidence.
Posted by UKWildcats
Lexington, KY
Member since Mar 2015
19962 posts
Posted on 4/15/22 at 11:20 pm to
Not sure how their communist left wing gay pervert BLM horseshite agenda could be any more out of the bag, but somehow it is.
Posted by Limitlesstigers
Lafayette
Member since Nov 2019
3803 posts
Posted on 4/16/22 at 8:12 am to
quote:

So Musk needs to put together some partners. Paging Peter Thiel?
I don't think they're on friendly terms.
Posted by meansonny
ATL
Member since Sep 2012
26797 posts
Posted on 4/16/22 at 8:27 am to
quote:

It appears a lot of people arguing the shareholders are screwed don't understand how a poison pill works.

I dont think you understand.

If i cut a pizza in 4 slices and you have 1 slice of pizza, you are happy. But if i cut the same pizza into 20 slices (and take back about 1/5 of your 1 slice to help me get to 20 even sized cuts), you would be kind of pissed. You have to pay money just to get back to your same quantity (dont think of slices, think of ounces).

You should think more and post less.
You missed the part that these are "new issue" stocks.
This post was edited on 4/16/22 at 8:29 am
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74855 posts
Posted on 4/16/22 at 8:36 am to
quote:

by OweO




tough audience in this thread for your bullshite Chris.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
115415 posts
Posted on 4/16/22 at 9:06 am to
quote:

I dont think you understand.

If i cut a pizza in 4 slices and you have 1 slice of pizza, you are happy. But if i cut the same pizza into 20 slices (and take back about 1/5 of your 1 slice to help me get to 20 even sized cuts), you would be kind of pissed. You have to pay money just to get back to your same quantity (dont think of slices, think of ounces).

You should think more and post less.
You missed the part that these are "new issue" stocks


Correct.

This isn't a stock split - 1 share at 100/per is now 4 shares at 25/per.

This is issuing more shares to dilute price and ownership stake (frankly, Vanguard at 10% should be pissed to high heaven at this prospect).
This post was edited on 4/16/22 at 9:07 am
Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
95026 posts
Posted on 4/16/22 at 9:10 am to
quote:

stereotype rolled into one.


This post was edited on 4/16/22 at 9:14 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37042 posts
Posted on 4/16/22 at 9:39 am to
quote:

Ahh, so now he's just gonna dump his shares and Twitter stock will likely tank hard.

Smart...


Or he'll say frick it and buy enough more to trigger the poison pill which would also tank the stock. At a minimum he's fricking the company and board and exposing them as only interested in maintaining it as a propaganda wing of the left. They are in breach of their fiduciary responsibility either way.
This post was edited on 4/16/22 at 9:49 am
Posted by Limitlesstigers
Lafayette
Member since Nov 2019
3803 posts
Posted on 4/16/22 at 9:47 am to
quote:

Or he'll say frick it and buy enough more to trigger the poison pill which would also tank the stock. At a minimum he's fricking the company and board and exposing them as only interested in maintaining it as a propaganda wing of the left. They are in beach of their fiduciary responsibility regardless.
He may have just opened a pandora's box in exposing how incompetent liberals are. There's already a lot of traders/funds making a nice coin shorting companies with woke CEOS/boards.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
115415 posts
Posted on 4/16/22 at 9:48 am to
The Twitter shorts on Monday will be epic.
Posted by LSUGrrrl
Frisco, TX
Member since Jul 2007
46368 posts
Posted on 4/16/22 at 9:56 am to
This is good.

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