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Elon Musk takes over Twitter

Discussion in 'Sports and News' started by Alma, Apr 25, 2022.

  1. Neutral Corner

    Neutral Corner Well-Known Member


     
  2. TigerVols

    TigerVols Well-Known Member

    It's the equivalent of accidentally answering a spam call...you just sent a signal to a billion scammers that your number is current. How does Twitter monetize that? SMH.
     
  3. DanielSimpsonDay

    DanielSimpsonDay Well-Known Member

  4. Regan MacNeil

    Regan MacNeil Well-Known Member

    SOLD! HOWARD, YOU'VE DONE IT AGAIN!
     
  5. maumann

    maumann Well-Known Member

    This describes Quokka Sports (RIP) to a tee.
     
  6. poindexter

    poindexter Well-Known Member

    Life imitating The Simpsons, part XVXII

    Homer suggested no more apples in the vending machine. So Burns told him there would be MORE apples.

     
    DanielSimpsonDay likes this.
  7. Azrael

    Azrael Well-Known Member

  8. matt_garth

    matt_garth Well-Known Member

  9. Neutral Corner

    Neutral Corner Well-Known Member

    I can't help but think that had Tesla's sales figures not dropped and the stock not cratered, both driven at least in part by Musk's being distracted by dealing with Twitter and his erratic and obnoxious behavior, these discounts might not have been necessary/as large.
     
  10. The Big Ragu

    The Big Ragu Moderator Staff Member

    It has nothing to do with Twitter.

    It has everything to do with a rising interest rate environment that has hit demand hard.
     
  11. The Big Ragu

    The Big Ragu Moderator Staff Member

    Demand for Teslas has fallen in China. ... and they cut prices there.

    Twitter is blocked in China.
     
  12. The Big Ragu

    The Big Ragu Moderator Staff Member

    Elon Musk Sold Tesla Shares Before Company Acknowledged Weakness

    FWIW, I think the SEC is the biggest joke on earth, it's enforcement is arbitrary and politicized, and I think that insider trading laws are absurd because information is always assymetric (and that isn't a bad thing) and you can't regulate that basic reality away without actually hurting the people you say you are protecting even more than they are disadvantaged by reality.

    With that said. ... Musk obviously was in possession of material non-public information, and he sold several billion dollars worth of his stock prior to its disclosure (I honestly don't blame him). The thing is, people only recently have woken up to how he operates, so I'll cut to the likely chase on this: the SEC has a history with him of allowing the security's law they arbitrarily lord over others to made out of rubber when it comes to him.
     
    Last edited: Jan 20, 2023
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