- Musk offers to buy TWTR for $54.20.
- TWTR accepts offer.
- TWTR trading at $45.08.
- Dumb money would buy TWTR for easy 20% return.
- The market does not reward dumb money.
My conclusion is that this deal will not go through.
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I think a $1 billion break up fees is better than losing $20 billion.My conclusion is that this deal will not go through.
- Musk offers to buy TWTR for $54.20.
- TWTR accepts offer.
- TWTR trading at $45.08.
- Dumb money would buy TWTR for easy 20% return.
- The market does not reward dumb money.
With TWTR's poor results recently released and them admitting they overstated the number of users, the market believes the deal will occur at a lower price than $54.20. Musk is foolish if he doesn't renegotiate.
If Elon doesn't buy it then I may need to step in. I could run that site with my eyes closed.
Well they are currently running Twitter with just one eye open, and of course it is the left one.If Elon doesn't buy it then I may need to step in. I could run that site with my eyes closed.