Nothing...
Posted on 07/12/2022 7:40:20 AM PDT by Macky Cracklins
Twitter shares plunged Monday in the first day of trading since Elon Musk abandoned his $44 billion agreement to buy the company – and one tech industry analyst warned of a potentially disastrous long-term scenario for the embattled social media firm.
Twitter’s stock sank 11% as investors reacted to the exit.
Musk’s move that sets up a lengthy court battle likely to weigh on company shares for months or years to come and added to the challenges facing CEO Parag Agrawal, according to Wedbush analyst Daniel Ives.
(Excerpt) Read more at nypost.com ...
This will be good for Trump’s site. If Twitter had become reasonable, the whole motivation for the creation of Trump’s site would have vanished. And it probably would have collapsed.
Obviously Musk is unpredictable regarding Twitter.....it’s like a see-saw watching this from the get go. Perhaps the Twitter folks just wanted to take Musk for a ride, or vic-vrsa,.... it’s been a rocky road from the beginning.
He destroyed Twitter- mission accomplished!
I can’t imagine that the Twatter leadership isn’t in full blown panic mode. They’ve no winning direction. Either they’re truthful about the low bot count or they’re not. If they were, then why haven’t they provided better evidence? We know why.
If they don’t insist Musk makes the purchase at the target price everyone will want to know why, the stock price will tank. If they do insist it’ll go to trial and they’ll get exposed. And all of this circles around SEC fraud possibilities that could land them in prison.
On a slightly different note, if it is found that Twitter has been lying about the number of real accounts they have to advertisers, then the advertisers might have a cause of action based on fraud.
Big Tech ensures its ability to violate securities and antitrust laws by pandering to the left. If the tide is turned by the elections in November, their fortunes might reverse as well.
He destroyed Twitter- mission accomplished!
Twatter has been exposed for the fraud it really is 🤪
Twatter has been exposed for the fraud it really is 🤪
~~~
That’s what is getting lost in all this by most of the media. It’s beginning to look like twitter was intentionally (fraudulently?) over-valued.
Probably nothing will happen to them, at least by the SEC, because they are yet another alphabet soup part of the deep state, and in this situation, Musk has taken the place of the bad (non-orange) man.
They will never give it up! They are fake and Trump was right and everyone knows it! They will go to jail before admitting the truth!
It’s similar to Fakebook, although I am not sure who developed their algorithms. The taxpayers paid to develop Fakebook...that’s why it’s “free”...ha ha!
I wonder if Parag Agrawal is a NWO/CIA plant.
It really seems that we are importing neo-marxist globalists to do the jobs that American neo-marxist globalists refuse to do.
I don’t doubt any of the above, but I wonder if this also might have been a nice ruse for Elon to be able to unload a ton of Tesla stock without looking like he’s just unloading Tesla stock.
I think Twitter will have to come clean, Ty complete the sale to Musk, or later in a lawsuit. Musk did the right thing to put a stop to this until the information is disclosed.
Not only will it affect the price of the sale, but myself as a former advertiser on Twitter, will be in line to get a refund. And this will then open up scrutiny mov Google and Facebook and others. At some point I think they will wish they had just given mask Twitter instead of opening this can of worms.
Can’t stockholders and former stockholders sue?
“Twitter is barking up the wrong tree.”
Its fake image is living up to their collective delusional sense of pride and self-esteem.
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