Oh so it seems i was wrong about the twitter deal. So elon musk just announced that the twitter deal is suspended until further notice, putting it on ice until they can verify exactly how much fake accounts are on twitter now. Obviously, elon musk does not care about the fake accounts. This is everything that he or they knew before the deal was approved.
So, what's going on here, so first of all, i think nate anderson from hindenburg research was 100 correct and he's going to get to keep his perfect streak of being right on the money every report he puts out. He essentially said that this deal is going to get repriced, not canceled reprised, because essentially the price of twitter in the free market right now will probably be around 25 bucks with this market. So essentially, there's no more sense to pay 54 and 20 cents for a company like that, and that elon is going to find a way to reprice the deal because he holds all the leverage. You know the board has absolutely no leverage here and if he says he wants a better price, they got ta give it to him.
It is what it is: abysmal, profits. You know the market, the macro, everything and obviously what elon is doing right now he's pulling some excuse out of his ass. I mean his. You know it's hardball.
I get it so he's. Basically putting this excuse, saying: hey fake accounts, fake accounts. I mean this deal. Isn't what we thought we need a better price, obviously he's doing exactly what nate anderson is saying.
So you know i got ta admit it when i'm wrong, i'm wrong, i'm not gon na hide behind it. I'm not gon na pretend, like i didn't say it. I wasn't record multiple times in money talks in my own channel saying that this is a good risk arbitrage deal because of how certain i was that the deal will not fall through. Obviously, i was wrong.
I mean you can't win them all. The most important part is to own up to your mistakes, and here i am owning up so just forever record of me being wrong about the twitter deal now as far as what happens next again, what i think is happens here is not that the deal necessarily Get cancelled because i think neither party wants to absolutely abandon the deal. I think elon is going to try to get a better price closer to the current market price of twitter, which is around 25 bucks, they're, probably gon na get it at 40 45. Maybe it seems like a sweet deal still for twitter, so they probably will take it, and i think the deal still gets done by the lower price, and you know the downside here would be if you bought this, the the stock at the what 48 49 bucks And it gets closed at 45, i mean it's minus three or four dollars per share.
It's not huge, however, if the deal ends up being cancelled altogether, which i don't think is very likely, then the drop-off can be much more significant. As i mentioned in one of my videos, the drop-off can be 50-60. You know in this market, nobody knows but yeah. You know it is what it is: let's see how it plays out and uh. I totally get it and shout out to nate anderson, ebook research, bro, don't bet against hindenburg and elon.
By Stock Chat
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Memelon already knew half of twitter is bots he just needs too much attention on Twitter everyday 😂🤡
Oh. It's been known for a while that many Twitter accts are fake. So Elon changed his mind…why? Helped Tesla shares today, but as a TSLA shareholder I wish he were less erratic.
Get out, make his own platform, get an army of people to follow him for a 40th of the Twitter price.
4D chess.. the game is still being played by musk.
Sounds like we should buy puts Friday morning
Do still stand by palantir? I do. I have not bought shares since last May but the research you did match the research I did. So, I'm just holding what I have.
Does this show Elon is out of touch a little. We all have seen what the market has done the past month since he started this. Bad timing. Unlike ftx and Robinhood
But Twitter doesn't want to sale. He'll probably lose the deal.
Let's go Tesla ✈️✈️✅
Elon played 4D Chess with Twitter and exposed all the bigots that work within its walls without even spending a dime. 😂
Now all the rats will scurry as the light shines on them.
Nope, he's still commited to acquisition.
Took your advice to buy twitter fro the 5% upside… saw the market crash on everything except twitter so sold out for a small profit to buy Tesla…. I seem to have learnt the art of timing the market and ARKs concept of a cash like position.
Is it GMEs time?
You’ve earned my respect for admitting you got it wrong instead of shifting the blame elsewhere. Not many YouTubers will do that. Keep up the quality content! Thanks
Buffet just soiled his diaper.
Hey Tom if there is 50% real account and 50% fake account and Twitter reputation get damaged beyond repair because they are committing fraud, would it better for Elon to start his own social media network instead of buying Twitter?
Elon Musk Is Under Investigation After Twitter Purchase – By Hamid Ganji
May 12, 202
that may have paused it.
Back to the drawing board: what's the value of a losing stock?
Hindenburg has made me money. Rode clover down like a boss because of a hindenburg piece. Big respect for their work.
I said this all along, and in the mean time how many billions did he lose off TSLA value ?
Nash that like button my friends😃😃😃😃😃✌️✌️✌️✌️
Hey Tom, you should check out upper echelon gaming's video about the whole Elon/Twitter conspiracy. It's a little out there, don't get me wrong, but it is an interesting take with a lot of sense. I only bring it up because elon ending the deal was a scenario expected in the video. Have a good Friday, we'll see you at happy hour.
Ooof, so much for my arbitrage play
Slick prediction by Nate Anderson.
I still don't care for him..either way..the freak wants to chip our brains and the names alone of his children with "Grimes" are crimes against humanity..where The Coil Musk..you interloper..gtfoh..
He's laughing, he can just tank the stock price and they'll have no choice.
34.20 ?
Shorting twitter was a genius move
What does Grandpa say? Elon clever or what?
under 40 pre market, sweet
Elon didn't pull the plug, the plug was pulled on Elon. This deal will fall through, twitter does not have to take whatever Elon throws at them.
Wow, thinking people puts the money on the tweeter stock!
The guys a genius. He exposed all the people we need to be aware of. Who are opposed to free speech.
All without spending a cent.
Tip of the cap.