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Reply to "Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Musk is trying to drive down Twitter stock imo, trying to play with markets. I hope the SEC kicks him again[/quote] Musk is SUCCEEDING in driving down the stock price. It's 100% manipulation and he should be prosecuted.[/quote] Yes, this seems like a Musk ploy to drive twitter value down. twitter should sue him and SEC should prosecute Musk.[/quote] 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?[/quote]so he an buy it cheaper, of course [/quote] Voila [twitter]https://twitter.com/axios/status/1526284916648030208?s=21&t=3skcrXX2sLwogIGpXlP3WA[/twitter][/quote] Twitter will slow play this. Give him what he asks for. Not agree to a lower price but negotiate like they may. Deadlines will come and he will back out and twitter will have what it needs to reject the deal and collect $1 billion cash. While that sounds like a windfall, They likely will have spent 500 million on this deal by that point.[/quote]
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