Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“Temporarily on hold” as Elon discovers Twitter might have spam accounts

https://www.axios.com/2022/05/13/elon-musk-says-twitter-deal-temporarily-on-hold

More like as Musk finds out he might have been wrong about Twitter being flooded with spam bot accounts. Part of his grand plan for revolutionizing Twitter was premised on the notion of getting rid of all of the bot accounts, so finding out that less than 5% of accounts are bot account threw a wrench in that.

Didn’t he do basic due diligence?

Is the % of spam bot accounts listed in financial or other compliance reporting? If not, how was this information available for review? In M&A, due diligence happens right about now, after an offer is made and there is a good likelihood of agreement.

Twitter had disclosed this <5% estimate is prior public filings. Reviewing a potential target’s public filings is pretty basic pre-offer due diligence.

Yeah, this number is not at all new.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“Temporarily on hold” as Elon discovers Twitter might have spam accounts

https://www.axios.com/2022/05/13/elon-musk-says-twitter-deal-temporarily-on-hold

More like as Musk finds out he might have been wrong about Twitter being flooded with spam bot accounts. Part of his grand plan for revolutionizing Twitter was premised on the notion of getting rid of all of the bot accounts, so finding out that less than 5% of accounts are bot account threw a wrench in that.

Didn’t he do basic due diligence?

Is the % of spam bot accounts listed in financial or other compliance reporting? If not, how was this information available for review? In M&A, due diligence happens right about now, after an offer is made and there is a good likelihood of agreement.

Twitter had disclosed this <5% estimate is prior public filings. Reviewing a potential target’s public filings is pretty basic pre-offer due diligence.

Well, then I agree, he didn't do his pre-offer due diligence.

[Anonymous]

Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

[Anonymous]

Anonymous wrote:Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“Temporarily on hold” as Elon discovers Twitter might have spam accounts

https://www.axios.com/2022/05/13/elon-musk-says-twitter-deal-temporarily-on-hold

More like as Musk finds out he might have been wrong about Twitter being flooded with spam bot accounts. Part of his grand plan for revolutionizing Twitter was premised on the notion of getting rid of all of the bot accounts, so finding out that less than 5% of accounts are bot account threw a wrench in that.

Didn’t he do basic due diligence?

Is the % of spam bot accounts listed in financial or other compliance reporting? If not, how was this information available for review? In M&A, due diligence happens right about now, after an offer is made and there is a good likelihood of agreement.

Twitter had disclosed this <5% estimate is prior public filings. Reviewing a potential target’s public filings is pretty basic pre-offer due diligence.

Yeah, this number is not at all new.

+1 To paraphrase a PP, he already saw the cracked window during the showing and is using the report about it after the home inspection contingency to get out of the deal anyway.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“Temporarily on hold” as Elon discovers Twitter might have spam accounts

https://www.axios.com/2022/05/13/elon-musk-says-twitter-deal-temporarily-on-hold

More like as Musk finds out he might have been wrong about Twitter being flooded with spam bot accounts. Part of his grand plan for revolutionizing Twitter was premised on the notion of getting rid of all of the bot accounts, so finding out that less than 5% of accounts are bot account threw a wrench in that.

Didn’t he do basic due diligence?

Clearly not. He thought he would do that once he got a look under the hood. Dummy.

My prediction: he backs out of the deal and refuses to pay the breakage fee. Twitter sues Elon, he cries that Twitter is a big meanie and trying to oppress his “free speech.”

He’s so manic.

This seems to be the case.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.

Yes, this seems like a Musk ploy to drive twitter value down. twitter should sue him and SEC should prosecute Musk.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.

Yes, this seems like a Musk ploy to drive twitter value down. twitter should sue him and SEC should prosecute Musk.

Why though? He owns 10% of the company. If he didn't want to acquire it (and therefore force the price down for a cheaper buy) - to what purpose?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.

Yes, this seems like a Musk ploy to drive twitter value down. twitter should sue him and SEC should prosecute Musk.

Why though? He owns 10% of the company. If he didn't want to acquire it (and therefore force the price down for a cheaper buy) - to what purpose?

so he an buy it cheaper, of course

[Anonymous]

+1 for him doing this to manipulate the price. It would be nice if he was seriously charged because he does this a lot with no real repercussions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.

Yes, this seems like a Musk ploy to drive twitter value down. twitter should sue him and SEC should prosecute Musk.

Why though? He owns 10% of the company. If he didn't want to acquire it (and therefore force the price down for a cheaper buy) - to what purpose?

so he an buy it cheaper, of course

Wait. I thought you all were insisting he WASN'T going to buy it. Now he is - he just waiting a few weeks to get it a bargain-basement price? Sounds smart to me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.

Yes, this seems like a Musk ploy to drive twitter value down. twitter should sue him and SEC should prosecute Musk.

Why though? He owns 10% of the company. If he didn't want to acquire it (and therefore force the price down for a cheaper buy) - to what purpose?

so he an buy it cheaper, of course

Wait. I thought you all were insisting he WASN'T going to buy it. Now he is - he just waiting a few weeks to get it a bargain-basement price? Sounds smart to me.

he's not just waiting, he's trying to force the price down, and that game playing has landed him in trouble before. He probably wanted to buy twitter becaus3 he got restricted on it previously and wants to not. be bound by the rules of the great unwashed

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.

Yes, this seems like a Musk ploy to drive twitter value down. twitter should sue him and SEC should prosecute Musk.

There will definitely be a twitter shareholder lawsuit about this.

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again

Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.

Yes, this seems like a Musk ploy to drive twitter value down. twitter should sue him and SEC should prosecute Musk.

Why though? He owns 10% of the company. If he didn't want to acquire it (and therefore force the price down for a cheaper buy) - to what purpose?

so he an buy it cheaper, of course

Isn’t he obliged to pay the price he agreed on earlier?