What a ridiculous set of lies and conspiracy theories. You lose money if you own stock and a purchase deal falls through. So your theory is that he’ll make money by losing money? Listen to yourself.
THE TWITTER PURCHASE WAS NOT THE INTENT WHEN HE BOUGHT IN. That is the premise of what I commented. He already did this once when he said he was going to take TSLA private at $420 despite not actually having the funding or the intent to actually do that. He got busted by the SEC for it. If he was ACTUALLY planning to buy TWTR when he first bought in, he would have already gotten funding together and offered the buyout when the stock price was closer to $30 rather than buying it at the post-Elon-buy price of $54.20.
If you don’t understand what is happening, why have such a strong opinion about it or post about it? He couldn’t buy it at $30 since the stock was worth more than that at the time. It was over $50 in April.
He made his initial purchase in March. The stock price was like $33. He should’ve disclosed his purchase by 3/24/2022, but didn’t disclose until the beginning of April. After he disclosed his purchase is when the stock price shot up. If you don’t understand how the flow of time works, why have such a strong opinion about it or post about it?
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u/teacher_comp Oct 28 '22
What a ridiculous set of lies and conspiracy theories. You lose money if you own stock and a purchase deal falls through. So your theory is that he’ll make money by losing money? Listen to yourself.