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04-14-2022, 10:33 AM | #12721 | |
Supporter
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04-14-2022, 10:45 AM | #12722 |
Kind of a mod
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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.
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04-14-2022, 10:50 AM | #12723 |
Colorado Chief Fan
Join Date: Feb 2006
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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? |
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04-14-2022, 12:00 PM | #12724 | |
MVP
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I personally find it hilarious that he started the move, at least publicly, with a twitter poll. |
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04-14-2022, 12:18 PM | #12725 | |
Would an idiot do that?
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04-14-2022, 01:29 PM | #12727 | |
Supporter
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But you lose your job. No need for a board of directors of a private company. And probably most of management too. |
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04-14-2022, 04:22 PM | #12728 |
Kind of a mod
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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.
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04-14-2022, 04:34 PM | #12729 | |
Supporter
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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. |
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04-14-2022, 05:29 PM | #12730 |
MVP
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Just heard Amazon is adding a 5% fee to sellers for fuel and inflationary expenses. Starts April 28th.
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04-14-2022, 05:31 PM | #12731 |
Fish are scared of me
Join Date: Nov 2001
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They were saying on MNBC today that even though Elons offer was over the current share price it was still undervalued. They won't accept that. I for one hope he gets his hands on twitter just to change things back to free speech.
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04-14-2022, 05:33 PM | #12732 |
Seize life. Be an ermine.
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VARSITY
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I've historically been very pro-free speech. Then I went into the "Russia Invades Ukraine" thread in the DC forum and now I'm not so sure.
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04-14-2022, 05:36 PM | #12733 |
Fish are scared of me
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04-14-2022, 05:57 PM | #12734 | |
In Search of a Life
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Quote:
This is a REIT, not a multi-level marketing company. Here is their latest investment this week. The Palmer at Carolina Forest-Rental home community on the South Carolina coast This investment fits into our broader strategy to invest in affordably priced rental housing across the Sunbelt. Single-family rentals in Myrtle Beach, SC Investment size $22,601,000 Status Active I invest in solid companies with solid and steady growth, but keep on chasing meme stocks. |
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04-19-2022, 03:44 PM | #12735 |
Politically Incorrect
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Netflix may single handedly sink the market 500 points or more tomorrow.
The shit they just reported was the last thing this market needs right now. Their stock is down over $90 a share or more than 25% - OOOOOFFFFAAAAHHH!
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