Elon Musk Offer to purchase Twitter

The Short-seller Hindenburg Research Was Right: Twitter Crashes as Elon Musk Puts Takeover Deal on Hold Amid Reports of Sizable Fake Accounts
https://wccftech.com/the-short-sell...n-hold-amid-reports-of-sizable-fake-accounts/

 

The left are going to have a meltdown.

 

Was it simply Elon Musk's plan to sell a lot of Tesla stock with no real intentions of buying Twitter. Is it all a ruse?

What if Elon Musk’s Twitter Grab Is All ‘a Big Fugazi’?
CNBC contributor Dan Nathan joins the latest New Abnormal to explain why he thinks Musk has “used it as a big ruse, as an excuse to sell a lot of Tesla stock.”
https://www.thedailybeast.com/what-if-elon-musks-twitter-grab-is-all-a-big-fugazi

 

$38.16 low this morning - gap up closed. While leaving gap downs above. Stoner leftie Elon faked them all.

 

Lets be clear Musk walked himself into a minefield. He’s going to get sued if he tanks the stock and he’s going to lose billions if he backs out. And he’s trolling the CEO of Twitter as we speak for due diligence he should have done himself before he made the offer.

Sometimes the smartest people do the dumbest things. Musk is in deep right now.

 

I read there is a 'break up' fee of a $Billion if the deal does not go through.

 

he also is sitting on 7 million shares at a lower price then today

 

Theres no law against impoverishing yourself but other people is a problem. If I had Twitter holdings I’d be pretty pissed at Musk right now. STFU and close deal or pay the $5B and walk away. And walking away doesn’t include dragging the company through the ringer and ruining the brand either. He needs to mature. This behavior is juvenile.

 

Agree. Glad to see TSLA tanking as well. Sorry to those hodlers too. Maybe they could sue as well.

And ARKK. Cathie might regret one day hitching her wagon to Stoner Musk world.

 

Elon's walkaway fee is only one billion isn't it?