Elon Musk just made a brilliant play with the Twitter stock purchases. Shoutout to my good friend Patrick Boyle for sharing this with me, the man is a rock star!
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Hey this is tom nash, don't click, nothing doesn't mean nothing, don't buy nothing. This is insane elon. Musk just did something brilliant. I'm about to show.

This is just lazy mo check this out. So this morning i woke up to this. Basically, this tweet saying, hey elon, must just sold 372 000 shares of twitter, to which elon actually himself replied saying. No, no, that's not what happened.

We just got the number of shares wrong. Interesting right. Did you ever wonder how elon musk the world's richest man with endless amounts of money? The best lawyers forgot to file the forms on time filed the wrong forms, even though it was late and even then he got the share numbers wrong. So he had to file again.

All of these mistakes is this random. Is this just him being an idiot bad lawyers? No, no, and no, i'm going to show you the brilliance of this man so check this out. So i'm going to pull up this thing on the screen. This is the g form that was filed on april 4th.

Look at this below april. 4Th 2022. See it right here, okay, so here's the thing! This is the form on which you have to report that you actually got more than five percent of a company since elon crossed five percent of twitter stock on april sorry, on march 14th. That means that he had to report within 10 days that he actually has five percent of twitter.

That's just how sec compliance works right, but, as you just saw, he filed this not on march 24th, which was his latest deadline to file this. But on april 4th much much later, why did he forget that his lawyers are complete garbage? No and no so here's? What happened? I'm going to show you form 13g is a form that you file without all the extra data, because in form 13g you're, basically claiming an exemption. One of the exemptions from filing the actual full form, which is called 13d, is basically, if you have no intentions of actually influencing the course of business of this company you're, investing in essentially you're just being a passive investor, i'm just a pass investor. So, if you're a passive investor, this 13g is the way you can file it abbreviated without all the little sales and nothing as you can see right here in this form it says nothing about the sales it just gives you the aggregate numbers.

33. Sorry. 73. 486.

Right here so 73 and a half million shares of twitter there's no dates. There's nothing here now check this out a day later he files this. This is form 13d. This is the correct form because, as you just saw, he started meddling, he got a board seat right he's talking about edit buttons he's clearly now influencing as the biggest shareholder company on what the company will be doing.

So he actually filed the 13d. The correct form now this form actually gives you all the information we need for what i'm about to show you, because this is insane check this out. So on this form, it's a little bit long. You see all the dates are here.

Every little purchase that he did is actually listed here, because this is the full form for the owners. I'm going to move myself a little bit here, so i'm not in the way of whoa. That's not what i want to move i'll move myself hey here! We go so check this out, so these are all the sales. As you can see, he started purchasing this on january 31st and all the way up here march 14th.
He had no requirements to let all your mother lovers know about it, so he was buying twitter for a whole two months. Nana y'all, including myself, knew about it and he had no obligation to report now. As of this date, as of march 14th, he crossed five percent, so he had to report by march 24th within 10 days, but he didn't, he only reported late. Why? Well here's what happened since this day started.

He bought more and more and more and more shares and up until march 24th, the share price of twitter right now you can see just move ever so slightly and you got ta wonder why the share price moved. Maybe it was just the bull market that we had for the two weeks that this happened. Maybe some people knew some speculated. I don't know, but here's what happened now on march 24th, he had to file the report he didn't since march 24th until april.

4Th. Oh sorry april, first yeah what a cool date until april. First he bought another a percent and a half percent point six in the company. He went from seven and a half percent to nine point, one percent and those extra percentages which he bought during this time.

While he still didn't report, even though he had to from march 24th until april 1st, those were purchased at the same price at 38, 39. Imagine if he files the on time what happens to the share price. I can show you what happens to the share price, because we clearly have empirical evidence, because this is exactly what happened. This is exactly what would have happened on march 24th and then, if you wanted to buy a percent and a half more, this would have cost him 170 million dollars more so by filing late he actually saved himself 170 million dollars, that's brilliant! Now what he did! Basically, he filed late.

He filed a 13 g which is a passive, and then he had the correction in the amount of shares as an excuse to file the 13d, which is the actual form that says: hey, i'm going to actually influence the company, so he essentially calls himself a technical Foul the sec is definitely gon na, give him a call about it and they're gon na fine him for that, but they're not gon na find him 170 million dollars. I can bet you that in fact, it ain't going to be even close to that, so, whatever it is, they find him which i assume would be ridiculously low amount. If you look at history, these sort of compliance breaches and 170 million that difference is his to keep, and he just made it like that. Not even going to talk about the fact that the shares are now worth 1.2 billion more just because he joined the company.
But that's a fair game, for everybody do just save 170 million by filing one week late than we should have brilliant now, whether you agree with him whether you don't agree with him. Let me know in the comments below, because an argument can be made fairly enough - that shareholders who sold to elin in that time and didn't know about something that he had to report got scammed. No, it's a fair argument raise it below, if you think so, but if you think it's fair game and you know he's playing his cards and all is fair and love war in the stock market. Let me know below which side of this battle you're on just here, to show you that things are not exactly what they seem.

Of course, mainstream media is too lazy to show you these things and they're going to talk about him, smoking a blunt and posting some memes. This is the real journalist work. They should be doing hey. Thank you.

Everybody! Thank you for the channel members and patrons. Thank you so much i'll see you tomorrow much love and respect from your friendly neighborhood, not financial, expert tom and everything. I say in this video, as always, is not financial advice. Just my own two cents, which means it might be inaccurate, might be wrong, might be around man.

Do your own research.

By Stock Chat

where the coffee is hot and so is the chat

19 thoughts on “This was brilliant! don’t tell the sec…”
  1. Avataaar/Circle Created with python_avatars PAULO says:

    i think this is only to mess with the SEC

  2. Avataaar/Circle Created with python_avatars Rick Chu says:

    Genius

  3. Avataaar/Circle Created with python_avatars chio saephanh says:

    A middle finger to the SEC? Lmao

  4. Avataaar/Circle Created with python_avatars Baran Sahin says:

    On a broader note: this goes to show the absolute worthlessness of the SEC when it comes to fines when you literally break the law. So why do we even have the SEC? This is why people know that the rich can get away with "murder". The rules effectively don't apply to them. While Elon is a smart man and I am a fan of his work, there are much bigger issues to consider here.

  5. Avataaar/Circle Created with python_avatars Laura Pilkington says:

    He doesn’t need 170 million. He wouldn’t even notice. More likely he’s trolling the SEC

  6. Avataaar/Circle Created with python_avatars Bruce Wayne says:

    Breaking the law to make money isn't cool, even for Elon!

  7. Avataaar/Circle Created with python_avatars Chasing Chases says:

    It's sucks for ppl like him and buffet they can't buy in without it getting ran up as soon as anyone gets wind so I get it…just wish everything I touched turned to gold like that lol

  8. Avataaar/Circle Created with python_avatars Gustavo Diaz says:

    Great work

  9. Avataaar/Circle Created with python_avatars Darko LeskovΕ‘ek says:

    I'd be pissed if I was the one that sold in that week

  10. Avataaar/Circle Created with python_avatars Torsten Ziegler says:

    You are right!

  11. Avataaar/Circle Created with python_avatars Tim Petitti says:

    Don't click

  12. Avataaar/Circle Created with python_avatars jimmy made says:

    Thank you Tom for your great work

  13. Avataaar/Circle Created with python_avatars WEYA BAGO says:

    I’m early this time 🀘🏻

  14. Avataaar/Circle Created with python_avatars Jay Dot says:

    Elon be playing April fools jokes in March and April πŸ˜„πŸ˜„

  15. Avataaar/Circle Created with python_avatars SEA says:

    Click Click Click Click Click

  16. Avataaar/Circle Created with python_avatars supertarimoro2010 says:

    Greetings from Grand Prairie TX!!!!

  17. Avataaar/Circle Created with python_avatars I am borg says:

    Sorry I smashed the πŸ‘bottom, almost broke my cell

  18. Avataaar/Circle Created with python_avatars number letters says:

    Morning my guy

  19. Avataaar/Circle Created with python_avatars Mad_ε–΅ says:

    Just clicked nothing button

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