As I predicted, Twitter's stock is taking a dump today

JGalt

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8:54 AM CST and their stock is down 7.72%

twitter stock market today - Search

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Musk has exposed Twitter's unwillingness to come clean about the vast numbers of fake accounts. If they really had the numbers they claim, they wouldn't be stonewalling. It may end up costing Musk a billion or so in break up fees but that's chump change to him.
It is likely going to open them to serious litigation from the FTC along with other Federal Agencies if it is discovered that Twitter has been duping its shareholders.

If the valuation of Twitter is based upon membership and participation, and a significant number of those numbers are bots, that is fraud.
 
If I had the extra cash that I would have had if I lived in a free nation, I would have shorted twitter the moment Musk said he was pulling his offer.
 
It is likely going to open them to serious litigation from the FTC along with other Federal Agencies if it is discovered that Twitter has been duping its shareholders.

If the valuation of Twitter is based upon membership and participation, and a significant number of those numbers are bots, that is fraud.

I suspect both Musk and former Twitter boss Jack Dorsey are behind this. I agree Twitter likely defrauded it's shareholders and employees by lying about the site usage. If Twitter survives this scandal, it should be relegated back to once it once was, an advertising site.
 
It is likely going to open them to serious litigation from the FTC along with other Federal Agencies if it is discovered that Twitter has been duping its shareholders.

If the valuation of Twitter is based upon membership and participation, and a significant number of those numbers are bots, that is fraud.

Ya think? :laughing0301:

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Musk has exposed Twitter's unwillingness to come clean about the vast numbers of fake accounts. If they really had the numbers they claim, they wouldn't be stonewalling. It may end up costing Musk a billion or so in break up fees but that's chump change to him.
That means, Twitter will get a dollar for every fake account.
 
Wait until the Real truth finally comes out about the 2020 election and Donald Trump sues everyone......starting with Twitter.

So, when is the “real truth” about the 2020 elections coming out? 2050?
 
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