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  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • jon-nycJ jon-nyc

    @Klaus said in Elon Musk buys a big chunk of Twitter:

    I wonder if Musk would have been allowed (or maybe he did?) to bet on the value of Twitter stocks before he bought the actual stocks. He could presumably make (another) fortune that way.

    Well in a sense he did that. He acquired a big chunk before it was public that he was buying. So he already had the shares when the price jumped on the news of him buying shares.

    KlausK Offline
    KlausK Offline
    Klaus
    wrote on last edited by
    #33

    @jon-nyc said in Elon Musk buys a big chunk of Twitter:

    @Klaus said in Elon Musk buys a big chunk of Twitter:

    I wonder if Musk would have been allowed (or maybe he did?) to bet on the value of Twitter stocks before he bought the actual stocks. He could presumably make (another) fortune that way.

    Well in a sense he did that. He acquired a big chunk before it was public that he was buying. So he already had the shares when the price jumped on the news of him buying shares.

    Yes, but he would need to sell those stocks again to make a profit. He could pull this off only once - next time investors would not fall for this again.

    But if he'd buy stock options before buying the actual stock, he could make a nice profit without having to sell the stocks.

    1 Reply Last reply
    • jon-nycJ Offline
      jon-nycJ Offline
      jon-nyc
      wrote on last edited by
      #34

      That’s true.

      You were warned.

      1 Reply Last reply
      • George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #35

        Screen Shot 2022-04-05 at 6.15.22 AM copy.jpg

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        1 Reply Last reply
        • jon-nycJ Offline
          jon-nycJ Offline
          jon-nyc
          wrote on last edited by
          #36

          I have wondered at what point will we see some twitter employees walk

          You were warned.

          George KG JollyJ 2 Replies Last reply
          • jon-nycJ jon-nyc

            I have wondered at what point will we see some twitter employees walk

            George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #37

            @jon-nyc

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

            1 Reply Last reply
            • George KG Offline
              George KG Offline
              George K
              wrote on last edited by
              #38

              alt text

              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

              LuFins DadL JollyJ 2 Replies Last reply
              • George KG George K

                alt text

                LuFins DadL Offline
                LuFins DadL Offline
                LuFins Dad
                wrote on last edited by
                #39

                @George-K said in Elon Musk buys a big chunk of Twitter:

                alt text

                Since we can’t elect Elon to be President, can we just name him God-King?

                The Brad

                1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #40

                  He took a board seat.

                  “Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board,” CEO Parag Agrawal said in a tweet.

                  You were warned.

                  1 Reply Last reply
                  • jon-nycJ Offline
                    jon-nycJ Offline
                    jon-nyc
                    wrote on last edited by jon-nyc
                    #41

                    You were warned.

                    1 Reply Last reply
                    • jon-nycJ Offline
                      jon-nycJ Offline
                      jon-nyc
                      wrote on last edited by
                      #42

                      Read the thread. Last Friday they said they're working on an edit button.

                      You were warned.

                      1 Reply Last reply
                      • jon-nycJ jon-nyc

                        I have wondered at what point will we see some twitter employees walk

                        JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #43

                        @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                        I have wondered at what point will we see some twitter employees walk

                        Today, I hope.

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                        1 Reply Last reply
                        • George KG George K

                          alt text

                          JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #44

                          @George-K said in Elon Musk buys a big chunk of Twitter:

                          alt text

                          The Fag Flag sez it all, doesn't it?

                          “Cry havoc and let slip the DOGE of war!”

                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                          1 Reply Last reply
                          • HoraceH Offline
                            HoraceH Offline
                            Horace
                            wrote on last edited by
                            #45

                            Employees will resign if and only if they don't believe doing so entails any personal sacrifice.

                            Education is extremely important.

                            1 Reply Last reply
                            • George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #46

                              Fake

                              https://www.snopes.com/fact-check/twitter-employee-viral/

                              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                              HoraceH 1 Reply Last reply
                              • George KG George K

                                Fake

                                https://www.snopes.com/fact-check/twitter-employee-viral/

                                HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #47

                                @George-K said in Elon Musk buys a big chunk of Twitter:

                                Fake

                                https://www.snopes.com/fact-check/twitter-employee-viral/

                                Well ok, but the message wasn't exaggerated, so it didn't sniff of satire. It was slightly surprising since Elon isn't a tribal conservative, but he's not woke enough to pass muster with pop culturalites in silicon valley. And it was only one person, so totally believable. Though the profile pick didn't look like a gay man, that is true enough. Neither does Dave Rubin, one of the rubes who fell for it.

                                Education is extremely important.

                                1 Reply Last reply
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by George K
                                  #48

                                  bfed9817-15f0-4cc3-a329-1898dc92a18a-image.jpeg

                                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                  1 Reply Last reply
                                  • CopperC Offline
                                    CopperC Offline
                                    Copper
                                    wrote on last edited by
                                    #49

                                    I still don't believe anything on snopes.

                                    1 Reply Last reply
                                    • jon-nycJ Offline
                                      jon-nycJ Offline
                                      jon-nyc
                                      wrote on last edited by
                                      #50

                                      Jack weighs in

                                      You were warned.

                                      HoraceH 1 Reply Last reply
                                      • 89th8 Offline
                                        89th8 Offline
                                        89th
                                        wrote on last edited by
                                        #51

                                        See? How does Elon know about that tweet? I'm sure he's tagged a million times a day by users. Does he just sit and watch his phone all day? I DONT GET TWITTER. It's a fad.

                                        Aqua LetiferA 1 Reply Last reply
                                        • 89th8 89th

                                          See? How does Elon know about that tweet? I'm sure he's tagged a million times a day by users. Does he just sit and watch his phone all day? I DONT GET TWITTER. It's a fad.

                                          Aqua LetiferA Offline
                                          Aqua LetiferA Offline
                                          Aqua Letifer
                                          wrote on last edited by
                                          #52

                                          @89th said in Elon Musk buys a big chunk of Twitter:

                                          See? How does Elon know about that tweet? I'm sure he's tagged a million times a day by users. Does he just sit and watch his phone all day? I DONT GET TWITTER. It's a fad.

                                          It's not what boomers on here say it is. This place is far more toxic, if you can believe it. Oh, and I never see anything political in my feed. Literally never. It's all in how you use it.

                                          Please love yourself.

                                          Doctor PhibesD 1 Reply Last reply
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