JGalt
Diamond Member
- Mar 9, 2011
- 76,378
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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.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.
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.
Twitter's stock is taking a dump today
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.
/———/ 8 possible outcomes 8 ways the Elon Musk-Twitter saga could end8:54 AM CST and their stock is down 7.72%
twitter stock market today - Search
View attachment 668875
Wait until the Real truth finally comes out about the 2020 election and Donald Trump sues everyone......starting with Twitter.8:54 AM CST and their stock is down 7.72%
twitter stock market today - Search
View attachment 668875
8:54 AM CST and their stock is down 7.72%
twitter stock market today - Search
View attachment 668875
That means, Twitter will get a dollar for every fake account.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.
Your stupidity is why you are broke.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.
Wait until the Real truth finally comes out about the 2020 election and Donald Trump sues everyone......starting with Twitter.