|
04-07-2022, 07:36 PM | #12691 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $324734
|
Quote:
|
|
Posts: 58,233
|
04-07-2022, 08:05 PM | #12692 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-58100
|
|
Posts: 46,154
|
1 0 |
04-07-2022, 08:25 PM | #12693 |
Veteran
Join Date: Sep 2000
Casino cash: $1129480
|
Is the cut off still 4-10-22?
|
Posts: 3,812
|
04-08-2022, 01:31 AM | #12694 | |
For The Glory Of The City
Join Date: Sep 2002
Location: Kansas City
Casino cash: $4206768
|
Quote:
|
|
Posts: 54,061
|
1 1 |
04-14-2022, 10:06 AM | #12695 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
Casino cash: $1480526
|
Nothing on Elon making a bid for the twatter? Wish I would have jumped in for that little spike.
__________________
Adopt-A-Chief: John Dorsey
|
Posts: 18,469
|
04-14-2022, 10:13 AM | #12696 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $36899
|
Quote:
From an investment standpoint, though, it's tricky. Obviously you'd get a great deal if it goes through, but I have to imagine there's a high likelihood that it won't, and the stock will inevitably tank for a while if it doesn't. |
|
Posts: 52,558
|
04-14-2022, 10:33 AM | #12697 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $324734
|
Quote:
|
|
Posts: 58,233
|
04-14-2022, 10:45 AM | #12698 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $36899
|
Yeah, my concern is that they'll essentially tell him to **** off, and in that scenario, it would likely cause a short-term sell-off in panic.
|
Posts: 52,558
|
04-14-2022, 10:50 AM | #12699 |
Colorado Chief Fan
Join Date: Feb 2006
Casino cash: $6023147
|
Its a little over 46 right now. Elon is offering 54.20 a share?
A) Why would they not take that offer? B) Wouldnt the share holders get the 54.20 for their shares? Seems like easy money? No? |
Posts: 5,644
|
04-14-2022, 12:00 PM | #12700 | |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $-57750
|
Quote:
I personally find it hilarious that he started the move, at least publicly, with a twitter poll. |
|
Posts: 8,711
|
04-14-2022, 12:18 PM | #12701 | |
Would an idiot do that?
Join Date: Nov 2000
Location: Arizona
Casino cash: $844931
|
Quote:
__________________
|
|
Posts: 57,317
|
1 0 |
04-14-2022, 01:29 PM | #12703 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $324734
|
Quote:
But you lose your job. No need for a board of directors of a private company. And probably most of management too. |
|
Posts: 58,233
|
04-14-2022, 04:22 PM | #12704 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $36899
|
I certainly don't have a great feel for everything that goes into such a decision, but I have to imagine that someone who says, "I'm buying you out, but I'm immediately going to completely shut down the entire thing" would be told to go pound sand. Elon's not that extreme, but it seems pretty clear he's doing this because he wants to change some of the fundamental philosophies of Twitter. I'm just not sure how the board will handle it.
|
Posts: 52,558
|
04-14-2022, 04:34 PM | #12705 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $324734
|
Quote:
The boards fiduciary responsibility is to maximize returns for the shareholder, remember. I’m guessing Musk knew it wouldn’t work but he was trying to shortcut the process of buying more shares to get a seat to force a sale. My guess. |
|
Posts: 58,233
|
|
|