If Elon is making an offer per share at $54, how come retail investors are not getting in quickly before the deal? As it stands right now, Twitter is trading at $50. If the deal goes through you have a clear 8% win. What am I missing? #stockmarket #trade
There is still lot of uncertainty around the deal.
NASDAQ is down in general
It’s literally free money. I am buying at market price as much as I could
Exactly lol
Unless the deal doesn’t go through… it’s not finalized yet. Should be finalized EOD today though.
Gone up to almost 52 now
Still a chance it won’t happen. Looks like wall street is still not sure
It never goes up to exactly the buyout price there’s always uncertainty
Elon cannot be trusted
Elon did a $420 private buyout on Tesla few years ago but never fulfilled that promised
Less than 10% of trades are by retail traders. The IB don't want to risk Elon words probably. There is no free money on table. It's a risky feast.
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What do you think is wrong with a kid who got rejected by 9 colleges?
Dude he is taking the company private
That usually means retail investors get paid
Exactly, why don't you think they announce the news publicly