Squadron7 said:
So is there a t-shirt one can buy that says, "Here's My Dick. Want A Horse?"
I know, it's in his nature. Appears he is attacking the Truth Social competitor, it is a reflexive action.hph6203 said:
That's like asking the sun not to rise.
It's quite possible Elon could be posturing to win favor with the GOP on whatever he's working on next.richardag said:
President Trump needs to back off the rhetoric.
It's working.Bird Poo said:It's quite possible Elon could be posturing to win favor with the GOP on whatever he's working on next.richardag said:
President Trump needs to back off the rhetoric.
Squadron7 said:
So is there a t-shirt one can buy that says, "Here's My Dick. Want A Horse?"
2/ New financing package: $33.5B equity, $13B LBO financing. Was $27.25B Equity, $13B LBO, $6.25B margin loan. Keep in mind that if Elon can reduce the $54.20 deal price, all the reduction would accrue to equity investors ($45/share price reduces $7B from equity needed).
— Gary Black (@garyblack00) May 25, 2022
4/ One can think of $6.25B margin loan reduction and increased equity commitment as amount by which Elon expects deal price to be re-negotiated. At 764M outstanding shares suggests deal price comes down by ~$8.20/share (to $46/share), all which accrues to equity investors.
— Gary Black (@garyblack00) May 25, 2022
6/ $TSLA likely down 1% AH due to $NVDA being down 7% AH due to weak 2Q Rev guide ($8.1B vs $8.44B E) due to $500M rev reduction from Russia and China Covid lockdown. TWTR 13D filing removes the risk Elon has to sell more TSLA shares to satisfy a margin loan if TSLA fell more.
— Gary Black (@garyblack00) May 25, 2022
JUST IN 🚨 Elon Musk sued by Twitter investors. Investors claim Musk manipulated company’s stock price - Reuters
— Insider Paper (@TheInsiderPaper) May 26, 2022
will25u said:JUST IN 🚨 Elon Musk sued by Twitter investors. Investors claim Musk manipulated company’s stock price - Reuters
— Insider Paper (@TheInsiderPaper) May 26, 2022
Twitter has been running a Madoff scheme for years. Elon is exposing that.Quote:
"Based on Twitter's behavior to date, and the company's latest correspondence in particular, Mr. Musk believes the company is actively resisting and thwarting his information rights (and the company's corresponding obligations) under the merger agreement," the letter reads. "This is a clear material breach of Twitter's obligations under the merger agreement and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement."
Elon seems to me to be a straight shooter when it comes to free speech. He saw Twitter as infringing upon that for solely political reasons. Took a deeper look and his spidey senses told him they were not on the up and up so he made the tender offer to find out the truthWe fixed the keg said:
What are your thoughts here? Do you think he is doing this to drive the price down or is he looking to destroy the reputation and send it into a tailspin? Surely the board has to see there is no way they survive. He buys the company, they are gone. If they blow this deal, the shareholders get killed and they are gone. I am not naive enough to think there are some wokesters who would be fine losing 30% to keep twitter woke, but I don't think they come close to a majority when it comes to share ownership.
In this world of zero accountability and propping up the left at all costs, I have no confidence that the natural order of things would play out here. I could see a massive financial rescue operation come about either from a collaboration of leftists and/or the government to keep them afloat.We fixed the keg said:
What are your thoughts here? Do you think he is doing this to drive the price down or is he looking to destroy the reputation and send it into a tailspin? Surely the board has to see there is no way they survive. He buys the company, they are gone. If they blow this deal, the shareholders get killed and they are gone. I am not naive enough to think there are some wokesters who would be fine losing 30% to keep twitter woke, but I don't think they come close to a majority when it comes to share ownership.
Possibly. Maybe for him it becomes a question of whether Twitter is salvageable or not.We fixed the keg said:
There is definitely a "tilted scale" here for sure. I think there are enough of their own people who want them gone for being caught flat-footed here. In the end, I still think Elon ends up with twitter, but at a discounted rate, but I would not be completely surprised if it was never about owning twitter either.
TWITTER SAYS CO HAS AND WILL CONTINUE TO COOPERATIVELY SHARE INFORMATION WITH ELON MUSK TO CONSUMMATE DEAL IN ACCORDANCE WITH TERMS OF MERGER AGREEMENT
— zerohedge (@zerohedge) June 6, 2022
TWITTER SAYS INTEND TO CLOSE THE TRANSACTION WITH ELON MUSK AND ENFORCE THE MERGER AGREEMENT AT THE AGREED PRICE AND TERMS
Elon is using Skadden Arps (same firm that represented Alfa Bank and uncovered various Russiagate frauds).
— Hans Mahncke (@HansMahncke) June 6, 2022
Link:https://t.co/oICxmRoa2c
Yeah, when one cooks the books like that, the price gets renegotiated or the deal falls through.We fixed the keg said:
Who is going to tell them?
The "agreed upon price and terms" went out the window when # of fake accounts became visible.
I can assure you he has some plan. Twitter is fixing to learn what said plan is.DeLaHonta said:
It's hilarious watching Elon try to weasel his way out of a deal he made for attention while high. What kind of moron waives due diligence when making a $44 billion acquisition? Buyer's remorse is a B, especially when it's for $44 billion.
DeLaHonta said:
You must not follow Elon very closely if you don't think he is obsessed with getting attention.