Dropboxohcall

Why is Twitter down today? In fact, why is it trading at all?

Isn't it a done deal at 54? Why bother with all this at all? Is it a good/stupid strategy to buy at 50? Tc: 320k Yoe: 7

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74 Participants
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Lockheed Martin Needhouse Apr 26, 2022

Deal hasn't closed yet. There is still risk involved. If TSLA goes down far enough Elon could be forced to cover loans against his stock. I think this is unlikely but you are essentially taking a bet with minimal upside and huge downside

Red Hat t💭cloud101 Apr 26, 2022

What’s the downside in owning TWTR when it’s already down from its ATH of $75? It’s not like all other stocks are rising and also it’ll never be a penny stock , if strategy is to hold for long term it’s a good investment imho If deal is closed successfully then we can still see an upside of 7-8%.

Lockheed Martin Needhouse Apr 26, 2022

ATH is irrelevant now. If you want to take the bet, go for it. I for one am not betting on Elon's unpredictability and would rather get a 7-8% return on I-bonds with 0 downside

PayPal aaaaabbbbb Apr 26, 2022

Well the deal hasn’t happened. They just have an agreement. Sometimes these things fall through. Even if you knew 100% it would happen at $54.20, it should trade at a discount based on the prevailing interest rate.

Microsoft hmm… Apr 26, 2022

Will take 6+ month for deal to close

Crunchyroll bbpenguin Apr 26, 2022

What’s a smart strategy? Wait until it closes, or get out now, since there’s not much more

New
NXQv67 Apr 26, 2022

Regulators can block the deal

Meta public2 Apr 26, 2022

Why would a public company not be trading? Lol