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The New Coffee Room

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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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  • G Offline
    G Offline
    George K
    wrote on 25 Apr 2022, 13:22 last edited by
    #202

    "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.

    I 1 Reply Last reply 25 Apr 2022, 17:11
    • G George K
      25 Apr 2022, 13:22

      I Offline
      I Offline
      Ivorythumper
      wrote on 25 Apr 2022, 17:11 last edited by
      #203

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

      Apart from pure schadenfreude, it doesn't matter to me.

      But I'm enjoying the schadenfreude.

      1 Reply Last reply
      • J Offline
        J Offline
        Jolly
        wrote on 25 Apr 2022, 17:22 last edited by
        #204

        $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

        “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

        A J 2 Replies Last reply 25 Apr 2022, 20:19
        • K Offline
          K Offline
          Klaus
          wrote on 25 Apr 2022, 18:04 last edited by
          #205

          So the deal is closed? Not so clear. Stocks are still trading below $54.20, so I guess there's still risk.

          L 1 Reply Last reply 25 Apr 2022, 20:01
          • K Klaus
            25 Apr 2022, 18:04

            So the deal is closed? Not so clear. Stocks are still trading below $54.20, so I guess there's still risk.

            L Offline
            L Offline
            LuFins Dad
            wrote on 25 Apr 2022, 20:01 last edited by
            #206

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

            So the deal is closed? Not so clear. Stocks are still trading below $54.20, so I guess there's still risk.

            The news is reporting that it’s a done deal. Get your popcorn…

            The Brad

            1 Reply Last reply
            • H Offline
              H Offline
              Horace
              wrote on 25 Apr 2022, 20:04 last edited by
              #207

              Elon Musk attempting to substantiate the “great men” theory of history.

              Education is extremely important.

              1 Reply Last reply
              • J Jolly
                25 Apr 2022, 17:22

                $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

                A Offline
                A Offline
                Axtremus
                wrote on 25 Apr 2022, 20:19 last edited by
                #208

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

                $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

                Assuming the deal does through, this will not be your concern by then and you may never know because it Twitter would be a private company not obligated to publish its financial statements.

                J 1 Reply Last reply 25 Apr 2022, 22:26
                • G Offline
                  G Offline
                  George K
                  wrote on 25 Apr 2022, 22:03 last edited by
                  #209

                  "Elon Musk is buying Twitter and everyone freaking out drives a Tesla. There’s never been a dumber time to be alive."

                  "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
                  • A Axtremus
                    25 Apr 2022, 20:19

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

                    $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

                    Assuming the deal does through, this will not be your concern by then and you may never know because it Twitter would be a private company not obligated to publish its financial statements.

                    J Offline
                    J Offline
                    Jolly
                    wrote on 25 Apr 2022, 22:26 last edited by
                    #210

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

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

                    $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

                    Assuming the deal does through, this will not be your concern by then and you may never know because it Twitter would be a private company not obligated to publish its financial statements.

                    You'll know.

                    There is no such thing as a disseminated document that is not known beyond its original intended audience.

                    “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
                    • G Offline
                      G Offline
                      George K
                      wrote on 25 Apr 2022, 22:34 last edited by
                      #211

                      Screen Shot 2022-04-25 at 5.33.34 PM.png

                      "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
                      • C Offline
                        C Offline
                        Copper
                        wrote on 25 Apr 2022, 22:50 last edited by
                        #212

                        He could turn out to be a fun guy.

                        9a202ddd-8160-4bcb-b3aa-8daf863648a5-image.png

                        1 Reply Last reply
                        • G Offline
                          G Offline
                          George K
                          wrote on 25 Apr 2022, 23:23 last edited by
                          #213

                          "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
                          • G Offline
                            G Offline
                            George K
                            wrote on 25 Apr 2022, 23:24 last edited by
                            #214

                            I've almost run out of popcorn.

                            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.

                            1 Reply Last reply
                            • G Offline
                              G Offline
                              George K
                              wrote on 25 Apr 2022, 23:27 last edited by
                              #215

                              The memes are amazing...

                              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
                              • A Offline
                                A Offline
                                Axtremus
                                wrote on 26 Apr 2022, 00:39 last edited by
                                #216

                                https://www.cnbc.com/2022/04/25/donald-trump-says-he-wont-return-to-twitter-if-elon-musk-reverses-ban.html

                                “Donald Trump says he won’t return to Twitter if Elon Musk reverses ban”

                                Donald Trump told CNBC on Monday he wouldn’t return to Twitter even if Elon Musk, the company’s incoming owner, reversed the former president’s ban.
                                .
                                “No, I won’t be going back on Twitter,” Trump told CNBC’s Joe Kernen.
                                .
                                “I will be on Truth Social within the week. Its on schedule. We have a lot of people signed up. I like Elon Musk. I like him a lot. He’s an excellent individual. We did a lot for Twitter when I was in the White House. I was disappointed by the way I was treated by Twitter. I won’t be going back on Twitter,” he said.

                                1 Reply Last reply
                                • J Online
                                  J Online
                                  jon-nyc
                                  wrote on 26 Apr 2022, 00:59 last edited by
                                  #217

                                  I just saw that. They’re still pretending truth social hasn’t failed. He’ll renege once they’re beyond that phase.

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  A 1 Reply Last reply 26 Apr 2022, 01:31
                                  • J Online
                                    J Online
                                    jon-nyc
                                    wrote on 26 Apr 2022, 01:01 last edited by
                                    #218

                                    Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    G L K 3 Replies Last reply 26 Apr 2022, 01:52
                                    • J jon-nyc
                                      26 Apr 2022, 00:59

                                      I just saw that. They’re still pretending truth social hasn’t failed. He’ll renege once they’re beyond that phase.

                                      A Offline
                                      A Offline
                                      Axtremus
                                      wrote on 26 Apr 2022, 01:31 last edited by
                                      #219

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

                                      He’ll renege once they’re beyond that phase.

                                      Assuming you're referring to Trump, he does have a rich history of reneging on various pronouncements.

                                      1 Reply Last reply
                                      • J jon-nyc
                                        26 Apr 2022, 01:01

                                        Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                                        G Offline
                                        G Offline
                                        George K
                                        wrote on 26 Apr 2022, 01:52 last edited by
                                        #220

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

                                        Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                                        Totally n00b question: If he owns the company and it’s now private, does that matter?

                                        "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.

                                        J 1 Reply Last reply 26 Apr 2022, 10:14
                                        • J jon-nyc
                                          26 Apr 2022, 01:01

                                          Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                                          L Offline
                                          L Offline
                                          LuFins Dad
                                          wrote on 26 Apr 2022, 02:01 last edited by
                                          #221

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

                                          Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                                          It was in free fall before he bought…

                                          The Brad

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