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Posted on 5/17/22 at 7:19 am to timdonaghyswhistle
quote:
I wonder how much Elon shorted Twitter for before all this started.
He probably positioned himself pretty well with put options at the peak of the Twitter price. IDK what the price was for out of the money put options for strike prices in the 20s and teens were but they were probably pennies. At a minimum he likely has a good hedge/insurance against his long position.
This post was edited on 5/17/22 at 7:21 am
Posted on 5/17/22 at 7:21 am to GumboPot
DeSantis will soon administer the kill shot.
Posted on 5/17/22 at 7:26 am to GumboPot
quote:
Twitter very well may be sued into bankruptcy after it is all said and done. Bunch of crooks…selling ads based on fake numbers.
And lying to the SEC and investors to drive the stock price up. Sounds pretty fraudulent to me.
Posted on 5/17/22 at 7:26 am to GumboPot
Makes perfect sense. Everyone knew Twitter was loaded with Bots that they use to shape public perception.
Now Elon - keep digging. Let's uncover the real "White" supremacy bot farm that the Left unleashes on anyone that dare to question the leftist narrative.
Candance Owens comes to mind as someone who ran up against it. She got her start as a liberal who wanted to combat online bullying. She started a kickstarter/gofundme with an idea to do just that and because the left felt that this would uncover their bot army she was attacked relentlessly by "White Racists" online despite having almost no reputation other than her Kickstarter and some news article that was done about it.
I can't remember the Leftist's name that called her and told her "She would ruin everything" if she went forward with that technology. Someone remind me.
Now Elon - keep digging. Let's uncover the real "White" supremacy bot farm that the Left unleashes on anyone that dare to question the leftist narrative.
Candance Owens comes to mind as someone who ran up against it. She got her start as a liberal who wanted to combat online bullying. She started a kickstarter/gofundme with an idea to do just that and because the left felt that this would uncover their bot army she was attacked relentlessly by "White Racists" online despite having almost no reputation other than her Kickstarter and some news article that was done about it.
I can't remember the Leftist's name that called her and told her "She would ruin everything" if she went forward with that technology. Someone remind me.
Posted on 5/17/22 at 7:33 am to GumboPot
Typically the time for due diligence is before you sign the merger agreement.
Posted on 5/17/22 at 7:37 am to bamarep
quote:
If he still wants it he'll but it for a song and a dance.
Nah, he wants to buy it for fair value based on real traffic.
Posted on 5/17/22 at 7:42 am to Decatur
quote:
Typically the time for due diligence is before you sign the merger agreement.
Unless there is a specific material adverse effect carveout in the merger contract - which in this case there is. They disclosed the number of bots they estimated in previous SEC filings.
Posted on 5/17/22 at 7:42 am to Mid Iowa Tiger
So Musk is simply the richest autist out there.
Posted on 5/17/22 at 7:54 am to GumboPot
As a majority shareholder, doesn't Musk have a case for misleading shareholders regardless if he wants to buy it or not? The purchase price hinges on bot counts. But so does Twitter's livelihood from every other investor and advertiser to their service.
Posted on 5/17/22 at 8:20 am to GumboPot
Exposure of fake accounts that high will crush Twitter itself because of lawsuits from SEC and investors for fake reporting . Loss of revenue from advertising plus lawsuits there as well . If Elon still gets it after dust settles it could be after a bankruptcy or value under a billion ( possibly way under a billion)
Posted on 5/17/22 at 8:23 am to GumboPot
Some left wingers need to go to prison over this.
Posted on 5/17/22 at 8:25 am to OceanMan
quote:
I’m not really sure how they survive this unless the deal goes through
Maybe the overarching play is for them not to survive...
Posted on 5/17/22 at 8:27 am to GumboPot
What's funny is they cry about Russian bots, but these are all liberal bot. They literally accuse what they're doing on the other side.
Posted on 5/17/22 at 8:27 am to Decatur
quote:
Typically the time for due diligence is before you sign the merger agreement
You are relying on professionals to make sure the financials are free from error due to negligence or fraud. There is a professional liability here by whoever puts together twitters financial statements. As an investor you rely on those to be accurate.
You’d be one of the ones going to prison over this.
Posted on 5/17/22 at 8:29 am to GumboPot
He’s literally destroying the Democrats main idea suppression tool in a matter of weeks.
Posted on 5/17/22 at 8:30 am to VoxDawg
quote:
Maybe the overarching play is for them not to survive...
If Twitter goes bankrupt it's going to be interesting where the media and Hollywood blue checks go.
It will be further interesting where the deep state actors go to promote their narrative.
Posted on 5/17/22 at 8:32 am to loogaroo
quote:I discovered Facebook's numbers weren't real, a few years back.
Not to threadjack but, I wonder if Facebook’s numbers are fake too?
They tell you your reach, but how do you know it’s real?
I bought some advertising for my business, thru FB. X amount of dollars, you reach x amount of users in your area. Spend more, the reach is expanded.
I paid, and started getting "likes" from users thousands of miles away. In fact, delving in the numbers FB provided, most of the people that liked my ad placement were not even close to my area. I'm certain those were bots, or people paid to click "like" to push ad revenue. Keep in mind, other than social media, my business has no web presence and no e-store.
Posted on 5/17/22 at 8:32 am to GumboPot
I mean, why not just make his own social media platform that better follows his values. With his wealth and influence he could easily popularize such a venture and for presumably large factors cheaper.
Posted on 5/17/22 at 8:34 am to GumboPot
He knew
The entire national narrative is phony, and was propagated by bots.
The entire national narrative is phony, and was propagated by bots.
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