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

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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][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]
Isn’t he obliged to pay the price he agreed on earlier? [/quote] there are likely contingencies in the contract if three stock price falls [/quote]

This should be illegal behavior. Driving down the value so he can get it for cheaper.

Does he have the funds to buy at the original price? Or he just wants a better deal? If Twitter just doesn’t give him the data and the price stays high, will he walk?[/quote]

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