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

If we take two things as likely true …

Twitter is a world wide town square with incredible reach

Twitter is in infancy still and is still growing fast

$54 is way underpriced. It reached $73 last year. Musk is way too cheap here. Don’t think the board would approve.

 

Excellent post. Right on and very insightful.

 

maybe. maybe not

 

here's the bright side to the Hunter Biden laptop issue:

Hunter Biden’s Laptops Scandal Exposes How Communist Influence Operations Work

https://thefederalist.com/2022/04/15/hunter-bidens-laptops-scandal-exposes-how-communist-influence-operations-work/

 

https://investor.twitterinc.com/corporate-governance/board-of-directors/default.aspx

 

It's going to be funny to see the conservative meltdown over corporations doing corporation things.

It's also interesting that the market basically completely ignored Musk's offer knowing it would never happen - normally with a takeover offer, the stock shoots up close to the price of the bid if people think it will happen. Twitter's stock actually *dropped* after Musk's offer, meaning no one with any sense thought it had a shot in hell of succeeding. Not too surprising when Musk admitted he had no financing plan and no actual plan for Twitter after acquiring it. Hopefully for him, he sold his shares yesterday.

 

Shenanigans? Hmmmm......

 

So what? This is pretty normal. Takeovers always have to pay a significant premium over regular share value. Maybe Goldman thinks Twitter can fetch a 100% or 150% premium for whatever reason from someone else. The market didn't take Musk's bid seriously either.

It's funny to see people with no experience with finance or markets share tweets and act like they understand things. Amusingly, it's one of the problems twitter has created for society.

 

I like the 54.20 thing that was pointed out lol.

 

I don’t exactly understand his speech but I like his sound

 

Awesome cranberry sauce

 

That's how we got Omer Asik and Jeremy Lin

 

LOL — this sounds familiar.

 

Ugh, just embarrassing.

 

Wouldn't the "insiders" in this case be all existing shareholders? Who does the fiduciary duty apply to, other than shareholders?

 

A short-term forecast is not that applicable to take over price.

Analysts usually forecast stock price for 1 year out. TWTR was on the decline since Fall'22 after a surprise (bad) earnings report and hit the low 30s recently. These 12 m forecasts also have to take into consideration the short-term economy forecast. BoA and GS, among others, raised the 2023 recession risk to around 30% after the start of the war.

Last I checked the 12m forecast est price ranges from a low of $30 (could be GS forecast from months ago) to a high of $75, putting the medium at $52. And again, it recently hit $72.

When you want to take over a company, you are going to need to pay a much higher premium, and the 1-year short-term forecast doesn't matter. You would need to look out for at least 5-10 years. TWTR is still growing (est is they will continue to grow at roughly a 20% annual rate). $54 looks to be too cheap of a takeover price.