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Elon vs Twitter update: Elon helped America win , Tesla stock through the roof

Discussion in 'BBS Hangout: Debate & Discussion' started by tinman, Mar 26, 2022.

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Who is for democracy?

  1. Elon

    34 vote(s)
    57.6%
  2. Twitter

    9 vote(s)
    15.3%
  3. Chinese democracy by Guns N Roses

    16 vote(s)
    27.1%
  1. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    Share price usually goes up when someone makes a bid higher than the current price lol. Anyone who invests understands that short term share price moves rarely reflect long term value.

    Elon Musk is fantastic with things he can control. But social media is a different animal. It's not just about appeasing the people who think like you, but also the people who don't like you. And that's never been Musk's strength. His arrogance and diehard beliefs can easily backfire given that Twitter needs both the left and the right to be successful.
     
    JayGoogle likes this.
  2. tinman

    tinman 999999999
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    You realize stock prices of other companies go up and down based on Elon's tweets?
    @Space Ghost

    Reading through your fake explanation shows that you just don't like they guy. That's all you have to say.
    You predict that if he owns twitter the company will fall apart. My guess is you are not Morgan Stanley or Charles Schwabb.
    @Os Trigonum

    There are people who predicted that Tilman would sell the Rockets or go bankrupt.
    I get it, people don't like him, but that doesn't mean their predictions will happen.

    Look at the Knicks, James Dolan will never sell them because the fans want him to.
     
    Astrodome likes this.
  3. Os Trigonum

    Os Trigonum Member
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    clearly twitter doesn't need the right . . . no one needs the right
     
  4. Space Ghost

    Space Ghost Member

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    Twitter becoming primarily a political platform, much like Facebook, is why its declining.
     
  5. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    I don't like or dislike the guy. I see him in neutral tones and having dealt with enough CEO's over the years I see them as all the same. That's because I get what it takes to make a company successful, the sacrifices one has to make, and the kind of ego it takes to have the drive to be that successful.

    I have 25 shares of Tesla stock I bought in 2015 so I'm quite happy with how Elon Musk has managed that company.

    It's not about liking or not liking a guy, it's about knowing what bets to make on someone and what bets not too. If Musk were to start an energy company, I'd buy stock in it or find out a way to be an early investor in a heartbeat. But a social media company? No thanks.
     
    ROCKSS likes this.
  6. tinman

    tinman 999999999
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    So how’s Twitter doing before Elon made a bid for it ?

    yup.
     
  7. MojoMan

    MojoMan Member

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    A number of the snowflake lefty wokesters employed at Twitter were already starting to melt when Elon Musk was invited to join the Twitter board of directors. This is sure to escalate that meltdown still further.

    The dramatic episodes that ensue from these people in the days to come are likely to be remarkable, to say the least.
     
    AroundTheWorld likes this.
  8. MojoMan

    MojoMan Member

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    "Twitter has extraordinary potential. I will unlock it," the Tesla and SpaceX CEO's letter concluded.
     
    AroundTheWorld and tinman like this.
  9. tinman

    tinman 999999999
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    if Elon takes SpaceX public, then he'd be a trillionaire

    but I forgot, he would have no clue how to run twitter
     
  10. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    Eh, I don't think that's its in decline - it's hitting highs in DAU and revenues and has had steady growth for at least the past 5 years.

    Longer term you may be right as it ages out (although FB and Youtube are still kings despite how long they have been around) as younger users are finding other platforms and new one are sure to come about. I wouldn't say it's primarily a political platform, I think that's a very active part of it - maybe the highest, but overall, I'd bet it's not more than a 1/8th of the total pie. I'd think entertainment would be the number one aspect of it, but it's also used for marketing, sports, networking - just so many activities that politics is really just one sliver. That's why making rule changes to address the political issues of Twitter can be detrimental to the platform, as solving one problem might create issues in the areas that are actually driving their growth and profitability.

    But it's all so early to say. Who knows what Musk's real goals are.
     
  11. Major

    Major Member

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    Elon is a master of manipulating stock prices. He is already facing lawsuits for not filing required disclosure forms when he bought the Twitter stock. He's almost certainly trying to drive up the price some more now and then will quietly sell shares and pocket a huge profit, and then later will announce that twitter employees didn't want him or whatever and thus he sold. It's the same as he previously did with Tesla and Bitcoin and what he's done with Dogecoin.
     
    JayGoogle, ElPigto, superfob and 2 others like this.
  12. tinman

    tinman 999999999
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    @Space Ghost
    @Os Trigonum
    Oh Yeah Twitter's financials have been good, NOT

    https://www.nasdaq.com/market-activity/stocks/twtr/financials

    IN USD THOUSANDS
    Period Ending: 12/31/2021 12/31/2020 12/31/2019 12/31/2018

    Net Income -$221,409 -$1,135,626 $1,465,659 $1,205,596
    Net Income Applicable to Common Shareholders -$221,409 -$1,135,626 $1,465,659 $1,205,596
    BACK TO TWTR OVERVIEW
     
  13. ROCKSS

    ROCKSS Member
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    I hadn't thought of that, very plausible
     
  14. durvasa

    durvasa Member

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    Yeah, this seems like the most likely outcome.
     
    Sweet Lou 4 2 likes this.
  15. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    This makes a lot of sense and would explain why he didn't want a board seat. Could be a way for him to get cash without selling any of his stock in other companies. He's too smart to want to run Twitter.
     
  16. tinman

    tinman 999999999
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    https://www.investors.com/market-tr...witter-stock-soars-on-elon-musk-buyout-offer/
    Dow Jones Rallies As Twitter Jumps On Elon Musk Buyout Offer


    The Dow Jones Industrial Average rallied Thursday, after jobless claims and retail sales data came in slightly behind expectations. Goldman Sachs and Apple chipmaker Taiwan Semi reported earnings ahead of the open. And Twitter stock jumped more than 5% before cutting gains after Tesla Chief Executive Elon Musk offered to buy the company.
     
  17. tinman

    tinman 999999999
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  18. tinman

    tinman 999999999
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    Non contributing members who hate Elon are like homeless people who criticize people buying a house in katy
     
  19. AroundTheWorld

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    So many beardsplainers and pronouners on this board.
     
    tinman likes this.
  20. fadeaway

    fadeaway Member

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    No.
     
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