0 Members and 1 Guest are viewing this topic.
Quote from: sonofdaxjones on May 05, 2022, 09:05:12 PM that's right
elon should pay his $1b penalty and make a new offer at half his original bid. $TWTR shareholders are getting out really nice.
Nothing says serious person to the financial community like shrugging your shoulders and stating that you were just facilitating #blueanon fantasy’s/fapfests by messing with The Great MAGA King and his acolytes.
Quote from: sonofdaxjones on May 13, 2022, 08:29:11 AMNothing says serious person to the financial community like shrugging your shoulders and stating that you were just facilitating #blueanon fantasy’s/fapfests by messing with The Great MAGA King and his acolytes.Does this mean mega now ending friendship with Elon?
https://twitter.com/wsj/status/1525075656085852161
Well, the market has eaten absolute crap since he made his already premium offer for it to make a pot joke.
Quote from: steve dave on May 13, 2022, 09:47:54 AMWell, the market has eaten absolute crap since he made his already premium offer for it to make a pot joke.The market has, yes, but his recent comments seem calculated to drive the price of Twitter shares down.
Quote from: catastrophe on May 13, 2022, 09:50:00 AMQuote from: steve dave on May 13, 2022, 09:47:54 AMWell, the market has eaten absolute crap since he made his already premium offer for it to make a pot joke.The market has, yes, but his recent comments seem calculated to drive the price of Twitter shares down.I don't think that has anything to do with it. The current price is based on the odds that the deal actually closes. If the market thought it was likely it would be trading at almost the offer price. Obviously the market does not believe it's likely. It would probably be trading in the low 20s if he hadn't offered the outrageous amount he did. If he pulls his offer that's where it will go. Another factor is his funding for the deal is based on his TSLA shares which have eaten absolute crap recently so he's got to lever that up. He'll just back out of this deal and either negotiate down the $1b penalty or enter into renegotiation with twitter on the price. If I was him and really wanted to buy the thing I'd go to them and offer $30 a share right now. They hold that $1b over him but that's peanuts and he is still offering them a premium over fair value.
another part of the deal that's hilarious is that elon waived due diligence so he can't pause crap for any bots or anything else he finds out about the company. really the only thing that will save him from handing twitter $1b is if the gov shuts the deal down. so maybe him working to make sure that happens is his best move.