TWITTER easy short and scalpers dream now?

[smallfil]

Musk will take Twitter private now, owning most of it, with some shares going to banks who gave the loans to acquire it. Once, it becomes private, you will not be able to buy TWTR shares much less, short it. It will simply stop trading in the US stockmarket.

 

[tradingpoker]

Musk will take Twitter private now, owning most of it, with some shares going to banks who gave the loans to acquire it. Once, it becomes private, you will not be able to buy TWTR shares much less, short it. It will simply stop trading in the US stockmarket.

I am talking about until that happens, could take months

 

[Overnight]

As a side note, Musk's whole 420 shtick is getting old. Really Elon? $54.20 per share?

It's just so tired and peevish now. But hey, he's rich beyond the dreams of avarice. He can do what he wants. I guess his asperger's keeps him from realizing how socially doofus he is behaving.

He should take some of his billions and lobby congress to legalize pot on the federal level if he really wants to make a difference.

 

[newwurldmn]

They can't go higher than $54 right (well, does not make much sense to do so)

So between now and when they stop trading (which could be months) TWTR will trade sideways and always sell off on small pops.

Also shorting knowing Elon is nuts and could pull the deal at any time is also not a bad idea.

(see for ref ATVI, since MSFT bought them in Jan, they are a scalpers dream. Trade sideways and give up any pops)

This can lose money how?

Thank you for any thoughts and help

Most non-controversial risk arb deals don’t move that much. You will be playing for pennies.

 

[David's faith]

You can't short a stock which is owned by Elon. It simply doesen't work. Ask the TSLA bears.

 

[wastelands]

They can't go higher than $54 right (well, does not make much sense to do so)

So between now and when they stop trading (which could be months) TWTR will trade sideways and always sell off on small pops.

Also shorting knowing Elon is nuts and could pull the deal at any time is also not a bad idea.

(see for ref ATVI, since MSFT bought them in Jan, they are a scalpers dream. Trade sideways and give up any pops)

This can lose money how?

Thank you for any thoughts and help

Be very careful as to what you are about to do. been warned.

 

[Gambit]

Most non-controversial risk arb deals don’t move that much. You will be playing for pennies.

Dumb question probably and this is probably arbed out but what about buying any dips till the deal is finalized?

 

[SunTrader]

Might pop back up shortly but presently trading below yesterday's 400pm close.

 

[tradingpoker]

Might pop back up shortly but presently trading below yesterday's 400pm close.

It will pop and fade now for many months. Unless Elon does something silly (not like he does that ah! ;p)

 

[SunTrader]

Drop, not pop like overall market.