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Posted on 10/4/22 at 2:40 pm to GumboPot
Dear Elon. I understand $44 Billion is a lot of money to throw away.
But please, for everything that is Holy. Shut Twitter Down.
But please, for everything that is Holy. Shut Twitter Down.
Posted on 10/4/22 at 2:45 pm to boosiebadazz
quote:
Sounds like “muh discovery” backfired on him
My guess is he is paying a premium, but not too much. Once you consider the reverse of valuation discounts for minority ownership (10-20 percent) and what the share price will do between now and close, it’s likely not a bad deal. Plus he isn’t getting the info he has been asking for. Buy the company, get the info, then sue the board and hit the escrow account (if there is one) for material misrepresentation.
Posted on 10/4/22 at 2:59 pm to timdonaghyswhistle
quote:
Are the leftist hacks happy or sads that Musk is getting Twitter this week?
This.
They literally shite the bed when it was announced he would buy, but now act like they won something when announced that he will proceed with the purchase.
And to be clear, I don't twatter and don't give two shites what Elon does with his money.
Posted on 10/4/22 at 3:02 pm to Wildcat1996
Musk is much more liberal than your beloved RINO's
But go ahead and celebrate and short DWAC
The Truth has as many users as the SEC OT
But go ahead and celebrate and short DWAC
The Truth has as many users as the SEC OT
Posted on 10/4/22 at 4:02 pm to jp4lsu
quote:
Where is the share price compared to when he first offered?
Yesterday it was around $42. Then this got announced and it bounced about $10.
Posted on 10/4/22 at 4:43 pm to cwill
Before you buy a business you go through their books,something will come out before he hands over any cash
Posted on 10/4/22 at 4:50 pm to Bayoutigre
quote:
Before you buy a business you go through their books,something will come out before he hands over any cash
For the love of god...he waived due diligence. The deal is signed it's closing time.
Posted on 10/4/22 at 5:17 pm to Tmcgin
quote:
Musk is much more liberal than your beloved RINO's
But go ahead and celebrate and short DWAC
The Truth has as many users as the SEC OT
I'm not on that platform either.
You know, it's not an either or scenario.
And you'll forgive me for ignoring investment advice from someone melting over Musk and twatter on the intertron.
Posted on 10/4/22 at 5:32 pm to Bayoutigre
quote:
Before you buy a business you go through their books,something will come out before he hands over any cash
Not when you go about it the way Elon did.
Normally you would get an MOU type agreement, lock everyone up with NDAs, call in an IE and/or audit then get reports and bring them back to your respective committees or boards and move forward with a contract.
Musk said frick it, YOLO, right to contract.
Posted on 10/4/22 at 5:44 pm to cwill
quote:
Some good stuff from this thread back in June
I was just thinking about that gem.
Posted on 10/4/22 at 5:46 pm to Tmcgin
quote:
Tmcgin
Are you going to chain yourself to Twitter HQ when he lets Trump back?
Posted on 10/4/22 at 5:48 pm to GumboPot
The burning question…Is it a buy now?
This post was edited on 10/4/22 at 5:49 pm
Posted on 10/4/22 at 5:51 pm to Bass Tiger
quote:
The burning question…Is it a buy now?
Looks like you can make about .20 a share if you can actually get a sale done.
Posted on 10/4/22 at 5:52 pm to cwill
NC Tigah has some bangers in there
Posted on 10/4/22 at 5:56 pm to boosiebadazz
And dafif...does that guy still post here?
Posted on 10/4/22 at 5:57 pm to Bass Tiger
quote:
The burning question…Is it a buy now?
Too late.
Posted on 10/4/22 at 6:01 pm to cwill
Oh yeah. I’m pretty sure he’s a claims adjuster so he’s read some reports from lawyers so he basically knows everything.
Posted on 10/4/22 at 6:01 pm to boosiebadazz
Elon has already gotten about 5 billion off the purchase price, by cashing out a bunch of Tesla and using the cash to accumulate 20 billion titter at 42$ the last two months. Quarterly reports in several weeks would have reported the holdings anyway . So I would guess he got half of what he wanted in the lawsuit.
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