All right. So we've got some news this morning. Uh, I'm gonna give you the the news here. let's see.

Uh, thanks for those. Uh, just tuning in. I'll I'll be back for the morning show around. uh probably nine.

I think. I'm just going to come on here and give you this news here. So um, Twitter is up right now 6.5 It was up over 10 on news that yesterday Elon Musk offered to buy Twitter. Offered to buy Twitter for 41.3 billion dollars.

So this is really interesting because we, um, we had the news. We first had the news that he had taken this passive stake uh, about a week and a half ago or so. And then there was news that he was offered a position on the board of directors in exchange for an agreement that he wouldn't accumulate more than 14 stake in the company. I mean we know that he declined that board seat and I thought maybe it was because as a board member he'd be kind of restricted on what he could say or couldn't say.

you know on Twitter. I mean you know, just in general You start to you have non um, public information when you're on the board and you have to be careful and I thought that's you know he already had some issues with with Tesla related to that so maybe he wouldn't want to be on a board and then be you know on those restrictions. but maybe in fact it was related to this 14 um agreement. So uh, the quote says I from Elon Musk.

I invested in Twitter because as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment, I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. So there you have it.

Uh, a buyout offer for Twitter for fifty four dollars and Twenty cents a share? naturally. Uh, the stock squeezed. Uh, right up to that price. Uh, 54 dollars, but has since retraced.

And I think that that speaks to a number of things. Number one, it's an unsolicited buyout offer. Uh, it has not been accepted. So you know, if it were actually accepted, that would be, uh, that would be one thing.

But then there's also, uh, regulatory there. There could be regulatory, um, uh, clearances. Things like that regarding his, um, uh, his purchase. So you know it's It's not as simple as just you know, a merger acquisition.

And there you go. It's now a private company. So some interesting news here. Um, you know what do you think? What do you think's gonna happen? You think he's actually gonna buy Twitter and let uh, Donald Trump go back on Twitter and then also, you know, just totally change the way it runs.

I don't know. Um, I'm not sure. I guess we'll I guess we'll see what happens. Time will tell.

But uh, as it sits right now it's pulling back. It doesn't seem like any of this is super good For Truth Social Dwac. Uh, there was a spike on Dwac? Uh, yesterday. I believe it was or the day before on news that Fox News has created their account.

But I don't know. I'm still I. You know I'm still on the wait list. Um, let's see what's what's the status.

Yeah, I'm still on the waitlist. I tried logging out. I tried logging back in. I verified my cell phone number.

I want to see what it's all about. You know it's I. If you're in the market and you're trading these stocks, it's a good idea to see what the the whole thing's all about. But yeah, um, I'm number 300 376 000.

So I'm just sitting on that waitlist. But um, I don't know. We'll We'll see, We'll see what happens. Uh, definitely some interesting news this morning.

So Twitter currently up five percent. Uh, nicely traded stock, easy to borrow, and uh, on 15 million shares of volume right now. So Twitter's reply? Let's see. Um, Twitter board will evaluate an unsolicited, non-binding offer, right? I mean, they have to, right? they have to.

So yeah, so that's just sort of a rehashing of the same thing. Um, Analyst Um of Wedbush said in a client note that he believes the soap opera will end with us with Musk owning Twitter after this aggressive hostile takeover of the company, He thinks it'd be hard for any other bidders to come forward and said Twitter's board will likely be forced to accept Musk's offer or start a process to sell the company. It's really interesting, all right. So Twitter offered him a seat on the board in condition for on a condition of him not owning more than 14.9 percent of the company's outstanding stock, but he said five days later that he declined that offer.

Very interesting, All right. Well, we'll see what happens. So there's the news on, uh, Twitter. I'll be back around 9 00 a.m for the morning show for those on Youtube and Facebook, so I'll see you guys then.