The Soapbox

HowieT3

Joined: 01/04/2001 Posts: 9220
Likes: 12413


There was never going to be a Twitter purchase.


I have to credit an item I saw on another board several months ago that laid out what Elon was really doing.

He said he was going to buy Twitter. In order to do that he had to sell off a large chunk of his Tesla stock. So he sold it and the price didn't collapse. Suddenly, the world's richest man is looking for partners(!) to buy Twitter with him. He "can't find any", so he drags his feet sending out Tweets critical of everyone and his uncle, but none that say "Just wait until I buy Twitter; I'll fix you!" If he just started selling off Tesla stock and making the required reports to the SEC that he was selling, the price would have, I won't say "tanked" because a stock price that tanks would have looked better than Tesla's would have.

Now the deal is "off"? Elon now gets to sit back and laugh about pwning the both libz and the kons, plus he has a huge mound of cash from reducing his position in Tesla without tanking the stock price. Now he just has to hope that the SEC doesn't come after him for "pump and dump" or something similar.

(In response to this post by Seattle .Hoo)

Posted: 07/08/2022 at 9:07PM



+9

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Current Thread:
  Exposed for the manipulative douche bag he is ** -- Hoo TV 07/08/2022 9:30PM
  He knows how to pull out? ** -- DanTheFan 07/08/2022 9:07PM
  Underrated comment ** -- wahoo138 07/09/2022 03:00AM
  Didnt with his side piece ** -- HokieJamie 07/08/2022 10:48PM
  There was never going to be a Twitter purchase. -- HowieT3 07/08/2022 9:07PM
  And it only cost a billion dollars to do it.** -- Hoodeac 07/09/2022 12:40PM
  Bingo ** -- 111Balz 07/09/2022 09:02AM
  Probably this, which explains why Musk might feel he comes out -- hoolstoptheheels 07/09/2022 08:31AM
  Yes! You're saying there's a chance. ** -- ryno hoo 07/08/2022 8:30PM
  There you go projecting again ** -- 111Balz 07/09/2022 07:08AM
  The right to lie with impunity has seen better days. -- Chuck Taylor 07/08/2022 6:54PM
  Fake Silicon Valley numbers go back to the days of AOL -- MasterRusty 07/08/2022 7:03PM
  Me right now -- ryno hoo 07/08/2022 6:51PM
  He must be done with kids and twitter -- Zhoo 07/08/2022 6:20PM
  No. He signed a legally binding contract -- WahooMatt05 07/08/2022 6:06PM
  Lawyers state Musk is fighting an uphill battle -- WahooMatt05 07/09/2022 07:19AM
  I'm not following what you're responding with... -- Folly Beach Hokie 07/09/2022 11:01AM
  I don’t see what Twitter did wrong here -- WahooMatt05 07/09/2022 1:33PM
  Trouble with the SEC? Are you confusing DWAC and -- Shenhoo 07/09/2022 11:55AM
  Because of Musk’s claim about bots, or something else? -- hoolstoptheheels 07/09/2022 11:35AM
  He waived the due diligence. Big dummy ** -- HokieJamie 07/08/2022 10:50PM
  He has an out worth 1 billion dollars ** -- Zhoo 07/08/2022 8:10PM
  You misspelled “duh” ** -- WaxHoo 07/08/2022 8:10PM
  Have you heard of Due Dilligence? ** -- MasterRusty 07/08/2022 7:04PM
  Well the agreement to buy twitter -- Zhoo 07/08/2022 8:10PM
  The Chairman of Twitter -- WahooMatt05 07/08/2022 6:16PM
  Weird. I don't wish either of them well. :) ** -- Seattle .Hoo 07/08/2022 6:17PM
  Prithee, why? ** -- MasterRusty 07/08/2022 6:57PM

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