Twitter and Musk

TreeFrogTrader said:
Bloomberg chattering about the B-word for Twitter. as in bankruptcy.
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So let's get this straight. Several large banks hold debt from the Twitter takeover. The situation is so adverse that these banks are unable to re-sell the Twitter debt on the public market and are stuck with it.

Musk takes over Twitter and immediately proceeds to run it into the ground due to mismanagement. All (without exception) the executives are gone now, the company has no direction, major advertisers have fled, and the key employees who were laid off by "mistake" have refused to return. What a cluster. Mismanagement to an extreme.

So Musk's plan is to declare bankruptcy -- screwing over his debt holders. How is Musk any different than Trump?

Musk Warns Twitter Could go Bankrupt as More Executives Leave
Twitter chaos keeps growing as executives who participated in Twitter Spaces call with Musk reportedly quit less than 24 hours later.
https://www.thestreet.com/social-media/musk-warns-twitter-could-go-bankrupt-as-more-executives-leave

Twitter forecast reportedly so dire, ‘bankruptcy not out of the question’
https://wegotthiscovered.com/social...y-so-dire-bankruptcy-not-out-of-the-question/

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TreeFrogTrader said:
I don't know that to be true. It may be but I did not say that.

I said Bloomberg was chattering about it.

Lots of people are cheering for the worst for Elon. That does not make it true or untrue.
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Musk told his own employees in an email that they may need to declare bankruptcy. Straight from the Chief Twit's mouth.

The interesting part is that this is starting to look like the Donald Trump playbook.
 
gwb-trading said:
Musk told his own employees in an email that they may need to declare bankruptcy. Straight from the Chief Twit's mouth.
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That's fine. Was just clarifying that I did not say that. It needs to come from some other source and if it is then, there it is.
 
gwb-trading said:
Musk told his own employees in an email that they may need to declare bankruptcy. Straight from the Chief Twit's mouth.

The interesting part is that this is starting to look like the Donald Trump playbook.
More...
Sell it to The Russians and Florida State Pension Fund and give Tsing a seat on the board.
 
gwb-trading said:
Musk told his own employees in an email that they may need to declare bankruptcy. Straight from the Chief Twit's mouth.

The interesting part is that this is starting to look like the Donald Trump playbook.
More...


Musk overpays for a social media website losing money as we enter an economy where advertising spending is going to be dropping.....

I feel like he is trying to paint a picture like the company was in serious trouble but was that way before he bought it so it is not his fault if it goes into bankruptcy....

BUT... he is the fucktard that bought it....so all those TWTR shareholders and bought out execs are laughing to the bank and musk is left holding the shit bag.... yeah TSLA to $100 if this is how he analyzes corporate profitability.
 
TreeFrogTrader said:
Bloomberg chattering about the B-word for Twitter. as in bankruptcy.
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Oh yeah, definitely the best move to save Tesla. Musk has an easy bankruptcy case. Twitter itself is probably truly worth $7-8 billion, creditors come first, if he’s lucky with some fancy lawyers he could cut loses at $25B-ish.
 
gwb-trading said:
Musk told his own employees in an email that they may need to declare bankruptcy. Straight from the Chief Twit's mouth.

The interesting part is that this is starting to look like the Donald Trump playbook.
More...

you mean declare bankruptcy and use your force of character to maintain a slug of equity in the newco while the creditors get shafted….
 
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