I know...it's not THAT Wall Street, but this one is better.
Posted on 04/15/2022 9:45:25 AM PDT by janetjanet998
Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire Elon Musk offered to buy the company for $43 billion, the company announced Friday.
The board voted unanimously to adopt the plan.
Under the new structure, if any person or group acquires beneficial ownership of at least 15% of Twitter’s outstanding common stock without the board’s approval, other shareholders will be allowed to purchase additional shares at a discount.
The plan is set to expire on April 14, 2023.
A new viable social media platform depends on #people having access to a free speech carrier -so a new free speech web system via mature StarLink is necessary.
My guess, bio weapons labs.
Sure. They’ll also lose a massive lawsuit.
The price is dropping fast today.
“..the left is screaming ....90% of their stories come straight from Twitter...”
It’s why they can not allow common sense on the platform. Every mainstream media outlet repeats Twitter postings, the process is baked in. GettR, Truth, whatever will NEVER replace it. Twitter might drop from significance but it wont be replaced.
Jeff Carlson @themarketswork
A question for @BlackRock & @Vanguard_Group
You’ve held positions in Twitter for years. Price & performance has deteriorated.
How do you explain to shareholders your resistance to @elonmusk offer?
How do you explain not taking simple steps to enhance performance long ago?
And he is building a satellite free speech web network that could be in future plans.
STARLINK STARLINK STARLINK!
I know...it's not THAT Wall Street, but this one is better.
Only a fool would believe the judicial system is fair, honest & follows Constitutional law.
I doubt that will save them. One of the major brokerage firms has set the stock value of Twitter at $30 per share. Musk is offering $54 per share. If the board turns it down they injure their own stockholders. That’s not going to fly.
“...give hime my proxy. “
Come in handy if he was on the board.
What’s the proof Trump is running a stock scam?
One of the major brokerage firms has set the stock value of Twitter at $30 per share
all a scam
Market Rebellion
@MarketRebels
Goldman Sachs says Elon Musk’s offer of $54.20 per share is too low. Goldman currently has a Sell rating and $30 price target for the stock.
This might be plan B. Twitter to adopt a poison pill, trigger the poison pill, lawsuits to emerge, fire sale the 15%. Drive the stock to pennies on the dollar. Twitter dies.
It was a stock scam... Even worse, I think it is taking names and making a list.
—
How was it a stock scam??
Trump Media won’t get the The 1 Billion in investment funds until the stock merger is complete and that won’t happen until later this year
Re: 94 - I think GS may be looking at the Twitter 52-week High and comparing that price to now,
Re: 38;- Interesting comment, thanks.
- I think GS may be looking at the Twitter 52-week High and comparing that price to now,
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no that’s not how it works, they put out a sell rating with a price share target of $30
meaning they think twitter stock will tank to $30 a share soon and recommend that people sell it now
I am convinced that much of Twitter’s user population is fake.
I hope Musk prevails just for a peek behind the curtain.
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