Okay, so check this out according to reuters. Just eight minutes ago, twitter board said that, unless something crazy happens in the last minute, they're gon na accept his offer. Probably today - and at this point the deal is already done. I spoke about it in my stream yesterday on sunday at 3 p.m.
When i said the deal is done you guys just don't know it yet wait for it and now it's happening, but that's not the point of this video now. Basically, i just realized the chess move that ellen did to the twitter board of directors and it only dawned on me a second ago. I just realized what just happened, because, essentially, if you go back and look at what happened last week, you understand the brilliance of his move. Basically go back and see.
On april 19th, twitter reported their quarterly earnings and on april 20th we also the pandemonium that ensued. After that fiasco, that is the netflix earnings, and a day later, elon submitted his offer to the board basically to buy twitter shares. So literally 24 48 hours depends on how you look at it. After netflix collapse, post earnings, elon submits an offer to the twitter board of directors to buy their company at a premium belong the current price.
That's you know the free market price and a significant premium definitely significant compared to the price of the share before he announced that he's buying the initial 9.1 percent so check this out. Netflix, collapses, post earnings the next day or two days later, elon actually posts that he just offered twitter an opportunity to sell their shares at a massive premium. And now he just backed him into a corner, because in about three days they got earnings coming up. So twitter earnings are coming up on april 28th and on april 28th, unless something crazy happens in this market in this market.
Right now, where the expectations of elevated interest rates, with the expectation of recession with a total cluster, that is the current situation of this market. Basically, what we're going to see is a complete insanity of a market. Twitter is going to be flying down the stairs faster than my grandpa. On new year's eve and as part of this collapse, the twitter board of directors are all going to be sued up.
The wazoo because they had an opportunity to sell at 54 54 at dollars and 20 cents now, basically, what that created elon essentially put them into a corner. He made that offer knowing them straight. They're, not gon na have the time to search for competing beads. Essentially, he knows that what they had is friday.
They have maybe today maybe tomorrow and that's it, and then they have earnings, basically, which is where the feet are going to hit the shen and they know they got ta, get a deal done before the earnings. Whatever deal, and basically he cut their search for the competing bid to three days and twitter is not the most attractive stock, so obviously that failed and now that is exactly the reason why they're groveling and they're about to agree uh to let him pay them. Fifty four thousand what he says per share, so this was just a beautiful play by elon. I never really grasped the timeline here and the way he did it just before earnings after seeing what's going on with netflix, brilliant, brilliant, brilliant, brilliant well done, elon. .
By Stock Chat
where the coffee is hot and so is the chat
Does this mean bull 💩 opinions and propaganda will start to increase on Twitter again.
Twitter Board hasn't THOUGHT about working this hard in -. Forever
Elon is a prime example of someone who truly wants the best for the future and is willing to do anything to ensure the higher odds of that outcome.
It's never smart to pay 54usd for something that values 20. Elon knows but he desperately need the platform to back his brain washing of zombie Tesla fan club operation. A Trump like story with Twitter applied to Elon would bring his cards castle to ruble.
You have a lot of videos from inside your car for a guy who says he walks everywhere? Lol
Tom. Your shirt is inside out! 🙂
So basically Elon is upto his old tricks again. In a few years he'll start saying he invented Twitter 😂
as you said sir !
Wait, what? I thought Twitter hired Goldman Sachs, who priced Twitter at $30, to show that Twitter is worth a lot more than $54.20? I thought Twitter approved use of a poison pill to exponentially dilute the shares to punish all non-insider shareholders? Did the institutional share holders threaten Twitter with lawsuits if they intentionally spiked the company?
and I was wonder why Board accept the deal so fast..!! lol Elon play 4D chess as always! 😆
It looks like I was wrong about Elon when it comes to Twitter, and I couldn't be more pleased. 🙂
MAKE TWITTER GREAT AGAIN!
If this goes through. What is the process of going private? Roughly how long does it take?
Yeah dude this is nuts. I don't think we've ever seen a dude just come in and buy a big company before. Super cool. It's going to be nice to see him come in, balance the company, and possibly make it a good platform.
It would also be kinda funny if he un-banned Trump.
tom is your shirt on backwards ? Are you ok ?
Your shirt is inside out!! LOL
bruh your shirt is on inside out
Hey Tom you dressed up to fast ! your shirt is on the wrong side ! :-))))))
Should we all be buying up Twitter stock now 🤓
Elon is the Garry Kasparov of business and engineering.
Hey Tom, Sunday is for brunch so when the news broke that they were meeting.. it was on. Now adding earnings season…. yeah pass the tea, Elon just served them. Imagine what their earnings would be if they have reveal their them? He has worked this market to his best advantage and I AM HERE FOR IT!
Your shirt is inside out!! LOL to excited to notice LOL … thanks for the update
Your shirt is inside-out. Are you doing it just to double the time you can use it before washing? U so cheap 😁… Bet u do the same with under ware.
I can't wait to see see Trump back on and the left finally left alone to do the real news again.
Thank you Tom, amazing insight. Any meaning behind the inside-out shirt you are wearing? 🤩
I normally agree with your analysis, Not this time my friend.
I believe Elon has blundered in buying Twitter.
He could have easily started his own media company for 16th of the cost.
Within a year or 2 it would be rivaling Facebook and Twitter.
I believe this to be a money losing venture for Elon.
Should we be buying Twitter then?
The racist bigotry of double standards discrimination of Twitter will not be allowed anymore.
Democrat leadership😭
Is twitter a buy now !? Tom…..
What will happen with price of shares after buying,rise ora Falls…….when earnings report ,will Falls ..that s for sure
He wants free speech, transparency, and a ducking edit button😂😂😂😂😂
Here we go papa elon got the plan
Bro I read the article. Speak of the devil.