10-04-2022, 11:04 AM
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#441
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Quote:
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Trading in shares of Twitter were halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion US deal to buy the company after months of legal battles.
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https://www.cbc.ca/news/business/elo...605563?cmp=rss
While I love to see Elon eat ####, him owning Twitter is going to be a bit of a disaster for everyone. Expect much drama.
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10-04-2022, 11:09 AM
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#442
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Franchise Player
Join Date: Jun 2004
Location: SW Ontario
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Quote:
Originally Posted by Fuzz
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Well.. he saved himself the trouble of losing in court.
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10-04-2022, 11:17 AM
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#443
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Franchise Player
Join Date: Jun 2004
Location: SW Ontario
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I assume the release of those texts and the people involved not wanting more to come out has influenced this decision.
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10-04-2022, 11:19 AM
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#444
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Quote:
Originally Posted by PeteMoss
Well.. he saved himself the trouble of losing in court.
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I'm sure that is what it comes down to. Lawyers convinced him he would lose, so better to go willing.
TSLA down about 5% since the news came out, but it was up ~2.7% before that today, so not a big hit.
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10-04-2022, 11:30 AM
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#445
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#1 Goaltender
Join Date: Feb 2012
Location: Calgary
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Quote:
Originally Posted by Fuzz
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I have a hard time believing that he would actually want to go through with it. I could see a scenario that he is floating the rumour so as to inflate the stock price and would then use that inflated price to argue the losses to Twitter shareholders are largely mitigated (I mean Musk's exposure was arguably $54.40 - current stock price), so this will help Musk whether he actually closes or not.
Edit: Full disclosure, I think Musk is a dips**t
__________________
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10-04-2022, 11:31 AM
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#446
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Franchise Player
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Several people I follow are tweeting that they’ll leave Twitter over this. I doubt they’ll carry through.
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10-04-2022, 12:16 PM
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#447
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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Quote:
Originally Posted by MoneyGuy
Several people I follow are tweeting that they’ll leave Twitter over this. I doubt they’ll carry through.
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Why would tweeters leave twitter over this?
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10-04-2022, 12:21 PM
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#448
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Quote:
Originally Posted by Erick Estrada
Why would tweeters leave twitter over this?
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Because you don't like contributing to the finances and success of the new owner? That's like asking why would anyone stop shopping at Hobby Lobby. Seems pretty obvious.
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10-04-2022, 12:30 PM
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#449
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The new goggles also do nothing.
Join Date: Oct 2001
Location: Calgary
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Quote:
Originally Posted by PeteMoss
I assume the release of those texts and the people involved not wanting more to come out has influenced this decision.
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Could also be that his texts didn't have any discussion about concerns over bots, that doesn't help his court case.
One of the companies Musk hired to analyze Twitter's numbers on bots confirmed Twitter's numbers too.
So yeah all that together might have convinced him he's probably not going to win in court?
__________________
Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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10-04-2022, 12:41 PM
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#450
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Franchise Player
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Quote:
Originally Posted by Erick Estrada
Why would tweeters leave twitter over this?
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They hate Musk and don’t want to contribute to his businesses.
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10-04-2022, 01:15 PM
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#451
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Franchise Player
Join Date: Sep 2005
Location: Toronto, Ontario
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The way people are addicted to social media likes, I’d really like to see some of these tweeters and “influencers” follow through on their promise. Very few people offer anything of substance on these platforms anyway. I see posturing when it comes to these individuals. No, your stance isn’t going to sway him away from doing whatever he does.
Disclaimer: I hate Musk. Another guy who craves the attention and adoration of his plebs.
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10-04-2022, 01:17 PM
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#452
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Franchise Player
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I hate Musk but will never give up my Twitter profile over this. It’s my daily news feed.
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10-04-2022, 01:32 PM
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#453
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Franchise Player
Join Date: Mar 2005
Location: Van City - Main St.
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Quote:
Originally Posted by MoneyGuy
I hate Musk but will never give up my Twitter profile over this. It’s my daily news feed.
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Good god that must suck
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10-04-2022, 01:40 PM
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#454
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Franchise Player
Join Date: Mar 2007
Location: Income Tax Central
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Quote:
Originally Posted by Fuzz
Because you don't like contributing to the finances and success of the new owner? That's like asking why would anyone stop shopping at Hobby Lobby. Seems pretty obvious.
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Has anyone stopped buying Teslas? Where do people think he got the money for this?
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10-04-2022, 01:40 PM
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#455
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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Quote:
Originally Posted by MoneyGuy
I hate Musk but will never give up my Twitter profile over this. It’s my daily news feed.
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I don't like Musk at all but I own a Tesla. If you like something it's kind of silly to deprive yourself of it because you the owner's a goof. I don't love Murray Edwards but it doesn't get in the way of me supporting the Flames.
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10-04-2022, 01:41 PM
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#456
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The new goggles also do nothing.
Join Date: Oct 2001
Location: Calgary
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*hugs RSS feeds*
__________________
Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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10-04-2022, 01:44 PM
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#457
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The new goggles also do nothing.
Join Date: Oct 2001
Location: Calgary
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I don't like Musk but I might buy a Tesla.. it depends on how 'bad' the person is, what level their ownership/involvement was, etc.
__________________
Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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10-04-2022, 01:44 PM
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#458
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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Quote:
Originally Posted by bluejays
The way people are addicted to social media likes, I’d really like to see some of these tweeters and “influencers” follow through on their promise. Very few people offer anything of substance on these platforms anyway. I see posturing when it comes to these individuals. No, your stance isn’t going to sway him away from doing whatever he does.
Disclaimer: I hate Musk. Another guy who craves the attention and adoration of his plebs.
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How many Americans actually moved to Canada when Trump became president? Certainly none of the numerous celebrities that said they would.
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10-04-2022, 01:48 PM
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#459
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Franchise Player
Join Date: Sep 2005
Location: Toronto, Ontario
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Quote:
Originally Posted by Erick Estrada
How many Americans actually moved to Canada when Trump became president? Certainly none of the numerous celebrities that said they would.
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Oh even funnier was their second threat when he was up for re-election, claiming the same thing. These people are so annoying. They all love to shout the loudest.
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10-04-2022, 02:43 PM
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#460
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The new goggles also do nothing.
Join Date: Oct 2001
Location: Calgary
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What would be pretty funny is Musk closes the Twitter deal then the Supreme Court removes Section 230 liability protection for user generated content ( https://www.politico.com/news/2022/1...utube-00060007) and then Twitter gets sued into oblivion.
__________________
Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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