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The New Coffee Room

  1. TNCR
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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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  • KlausK Klaus

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

    LuFins DadL Offline
    LuFins DadL Offline
    LuFins Dad
    wrote on 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
    • HoraceH Offline
      HoraceH Offline
      Horace
      wrote on last edited by
      #207

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

      Education is extremely important.

      1 Reply Last reply
      • JollyJ Jolly

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

        AxtremusA Offline
        AxtremusA Offline
        Axtremus
        wrote on 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.

        JollyJ 1 Reply Last reply
        • George KG Offline
          George KG Offline
          George K
          wrote on 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
          • AxtremusA Axtremus

            @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.

            JollyJ Offline
            JollyJ Offline
            Jolly
            wrote on 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
            • George KG Offline
              George KG Offline
              George K
              wrote on 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
              • CopperC Offline
                CopperC Offline
                Copper
                wrote on last edited by
                #212

                He could turn out to be a fun guy.

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

                1 Reply Last reply
                • George KG Offline
                  George KG Offline
                  George K
                  wrote on 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
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on 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
                    • George KG Offline
                      George KG Offline
                      George K
                      wrote on 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
                      • AxtremusA Offline
                        AxtremusA Offline
                        Axtremus
                        wrote on 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
                        • jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote on 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
                          AxtremusA 1 Reply Last reply
                          • jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote on 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
                            George KG LuFins DadL KlausK 3 Replies Last reply
                            • jon-nycJ jon-nyc

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

                              AxtremusA Offline
                              AxtremusA Offline
                              Axtremus
                              wrote on 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
                              • jon-nycJ jon-nyc

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

                                George KG Offline
                                George KG Offline
                                George K
                                wrote on 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.

                                jon-nycJ 1 Reply Last reply
                                • jon-nycJ jon-nyc

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

                                  LuFins DadL Offline
                                  LuFins DadL Offline
                                  LuFins Dad
                                  wrote on 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

                                  1 Reply Last reply
                                  • George KG George K

                                    @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?

                                    jon-nycJ Offline
                                    jon-nycJ Offline
                                    jon-nyc
                                    wrote on last edited by
                                    #222

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

                                    @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?

                                    Talking about truth social.

                                    Twitter will trade just below musk’s offer price until it closes unless people start thinking it will fall through.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • jon-nycJ jon-nyc

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

                                      KlausK Offline
                                      KlausK Offline
                                      Klaus
                                      wrote on last edited by
                                      #223

                                      @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.

                                      Is Truth Social even publicly traded? I for one can't find a ticker symbol.

                                      1 Reply Last reply
                                      • jon-nycJ Offline
                                        jon-nycJ Offline
                                        jon-nyc
                                        wrote on last edited by
                                        #224

                                        It merged with a spac and did a back door ipo. It trades under the spac symbol DWAC

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • JollyJ Offline
                                          JollyJ Offline
                                          Jolly
                                          wrote on last edited by
                                          #225

                                          Trump will be back. Twitter will provide the largest audience. Truth Social ain't gonna make it. Parler may not make it, if Musk succeeds in revamping and implementing decent rules.

                                          Musk has a big job. First, he has to change the corporate culture...That may take some firings and some "Come to Jesus" moments with senior management, along with buy-in from the employees.

                                          The rules will be interesting. You can't let people threaten physical violence. That's the first one. Wonder what else he will add to the list?

                                          “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

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