SIGforum.com Main Page The Lounge Elon Musk buys 73 million shares of Twitter, becomes largest stockholder
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| Get my pies outta the oven!  |
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| Get my pies outta the oven! |
Musk just tweeted this out this morning, maybe he's smarter than some of you give him credit for:  | |||
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| Lawyers, Guns and Money  |
"Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Nullus Anxietas |
For all the good Trump did as President, and he did a lot, that's like the pot calling the kettle black  Trump has a vested interest in Musk not acquiring Twitter. He admitted to it in that article: "Sign up for Truth. We love Truth." "America is at that awkward stage. It's too late to work within the system,,,, but too early to shoot the bastards." -- Claire Wolfe "If we let things terrify us, life will not be worth living." -- Seneca the Younger, Roman Stoic philosopher | |||
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| Peace through superior firepower  |
In my case, I haven't given him enough credit. Musk took a monkey wrench and dropped it right into the Twitter machinery. Look at what he's done. Look at what's been revealed since all of this began. Musk has made the Twitter execs look like monkeys. He's made them dance on a string like they were his puppets. Look at all the anxiety that was expressed, all the contradictory statements, all the actions and words which conflict with what they've said and done in the past. No one could have done a better job of it that what Musk did, revealing these phonies to the world. This has been great fun to witness, and it's not over yet. You never know- Musk might swoop in and save the Twitter he's managed to wound. | |||
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is circumspective |
It does seem like he's a couple of moves ahead of them, doesn't it. "We're all travelers in this world. From the sweet grass to the packing house. Birth 'til death. We travel between the eternities." | |||
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| Never miss an opportunity to be Batman!  |
Amber Heard might be the only one hoping that Twitter and Musk go to court......Twitter's shitting on the bed will maybe eclipse her own act. | |||
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Member |
IMO this is Trump's biggest weakness, weighing into something he doesn't need to comment on. 'If' Trump really does want to run for president again, comments like this only hurt that effort. ----------------------------- Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter | |||
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| Member |
My bet....he will eventually own Twitter for less than the original offer he made. Twitter management is hiding information, and when it finally comes out, Musk and his crew will have the opportunity to renegotiate this deal more to Musk's liking. Say what you will about Musk, but in matters of finance and business, he is the sharpest knife in the drawer. ----------------------------- Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter | |||
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| Partial dichotomy |
Agree with bigdeal in both above statements. SIGforum: For all your needs! Imagine our influence if every gun owner in America was an NRA member! Click the box>>>  | |||
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Objectively Reasonable |
IANAL. Musk enters into a contract to buy Twitter. As part of the deal, he wants to know how many truly bogus accounts are out there. This is hugely material to the actual value of the company. Twitter give him BS information about those numbers. Musk pulls out of the deal, citing material breaches by Twitter. Twitter now sues him for breach. And to prove that he did, and they didn't, they'll have to substantiate the BS numbers. In court. Where everyone gets to see it. This will not end the way Twiter thinks it will end. But, IANAL. | |||
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| Peace through superior firepower |
A rather unfortunate acronym | |||
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Member |
 --------------------------------------- It's like my brain's a tree and you're those little cookie elves. | |||
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| I swear I had something for this |
Probably also one that a lawyer wouldn't use. | |||
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| Member |
Face it. The brilliant elitist savants at Twitter got backed into a corner from which there is no escape. Look at what's happening to the stock right now. It's dropping in value daily. The more Twitter fights the worse it will get for the shareholders, many of which are huge investment funds. Twitter's management is totally hosed either way. One, they refuse to release the info Musk has demanded, this drags out over the next year, and the stock value continues to plummet. Or two, the court forces them to pony up the info showing there are a substantially higher number of fake accounts on Twitter than they've previously represented, materially mis-stating the assets and value of the company for investors, putting them in the crosshairs of Federal regulators. Either way, musk wins in the end. ----------------------------- Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter | |||
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| Edge seeking Sharp blade! |
"putting them in the crosshairs of Federal regulators." Wouldn't they also be in the crosshairs of anyone who advertised under false pretenses, and seeking compensation for getting less for their advertising dollars than purported? | |||
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| Shoulda Coulda Oughta Woulda |
Yup. Every time I see that typed out I cringe. I think, yeah we didn’t need to know that. | |||
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| Member |
Guessing by the attitude of the Twitter management, I suspect the number of bots could be 80%. The more fake accounts, the more ad revenue Twitter receives. An easy way to earn more, and nothing stopping it until the truth comes out in court. Twitter has been hosing their advertisers, whether it is 20% bots or greater. -c1steve | |||
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| Member |
'If' information eventually comes out that contradicts the bogus account and bot numbers Twitter's management has been producing, then yes, that would open Twitter up to a myriad of potential lawsuits. ----------------------------- Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter | |||
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| Member |
If that's true, they better get used to spending a lot of time in court! | |||
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SIGforum.com Main Page The Lounge Elon Musk buys 73 million shares of Twitter, becomes largest stockholder
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