Vaampire Posted June 6, 2022 Author Report Share Posted June 6, 2022 4 hours ago, Anta Assamey said: Hearing there will be a case in Delaware in regards to this deal ... please remind me what action was taken for the statements 1) thinking of going private. Funding secured 2) tesla is very overpriced Quote Link to comment Share on other sites More sharing options...
MRI Posted June 7, 2022 Report Share Posted June 7, 2022 lol Quote Link to comment Share on other sites More sharing options...
hunkyfunky2 Posted June 7, 2022 Report Share Posted June 7, 2022 7 hours ago, veerigadu said: There will be multiple lawsuits. Antha veasy kadhuuuu. Musk mawa penta lo leg vesinatte...Ilanti deals lo courts always favour companies especially if they can prove that his actions caused damage to company shareholders. 6 hours ago, Thokkalee said: Twitter stock padipothe, his net worth also goes down.. he owns 10% of the stock… and bcoz of this Tesla stock also went down.. SEC filings lo Twitter mentioned that 5% of the accounts are bots.. but if that is not the case, it means Twitter is lying… Musk can say that he relied on the sec filings before making a bid and he wants to back out as Twitter lied.. Deal is with no additional due diligence. Also, twitter has to be proved that they "knowingly" lied and misrepresented the facts - very hard to prove. Even if somehow Musk proves that 20% of accounts are fake, twitter can say - what you did is genious, congrats! but we are not that intelligent and we didn't know. /end of story - as per my understanding 1 Quote Link to comment Share on other sites More sharing options...
hunkyfunky2 Posted June 7, 2022 Report Share Posted June 7, 2022 5 hours ago, Vaampire said: please remind me what action was taken for the statements 1) thinking of going private. Funding secured 2) tesla is very overpriced There is some SEC action, but yeah - now that he is worlds richest and TSLA part of SPY index fund, everyone wants to protect TSLA - quite opposite to the scenario 2 years ago. Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted June 7, 2022 Report Share Posted June 7, 2022 11 minutes ago, hunkyfunky2 said: Deal is with no additional due diligence. Also, twitter has to be proved that they "knowingly" lied and misrepresented the facts - very hard to prove. Even if somehow Musk proves that 20% of accounts are fake, twitter can say - what you did is genious, congrats! but we are not that intelligent and we didn't know. /end of story - as per my understanding Twitter will have bigger problems if Musk somehow manages to prove that they have more bots.. SEC will sue Twitter for providing false information in the filings… Quote Link to comment Share on other sites More sharing options...
hunkyfunky2 Posted June 7, 2022 Report Share Posted June 7, 2022 7 minutes ago, Thokkalee said: Twitter will have bigger problems if Musk somehow manages to prove that they have more bots.. SEC will sue Twitter for providing false information in the filings… entire world knows >20% of twitter accounts are fake. Modi has 80M followers. Total twitter accounts in India is 30M. Even if you assume 100% of indians follow him (no way - I follow 50 from india and only 5 follow him), it still means 80M outside of india are following him. Any rational person will say that is impossible (even assuming NRIs across globe follow him - that only adds max 20M). Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted June 7, 2022 Report Share Posted June 7, 2022 2 hours ago, hunkyfunky2 said: entire world knows >20% of twitter accounts are fake. Modi has 80M followers. Total twitter accounts in India is 30M. Even if you assume 100% of indians follow him (no way - I follow 50 from india and only 5 follow him), it still means 80M outside of india are following him. Any rational person will say that is impossible (even assuming NRIs across globe follow him - that only adds max 20M). For a populous country like India, 80M is not a big deal.. that is just 8 crores out of 100cr + population.. not a fan of modi but just saying that it is not impossible.. Quote Link to comment Share on other sites More sharing options...
Pavanonline Posted June 7, 2022 Report Share Posted June 7, 2022 19 hours ago, Vaampire said: 44b offer. Current valuation <30b… already threatening started… enduko edo falthu reason cheppi thappukuntadu anipisthundi. As usual retail investers ni m kudapatamey Still think he'll go through with the deal, don't think he's buying twitter over money but for it's power of information control which is much more valuable. Quote Link to comment Share on other sites More sharing options...
hunkyfunky2 Posted June 8, 2022 Report Share Posted June 8, 2022 20 hours ago, Thokkalee said: For a populous country like India, 80M is not a big deal.. that is just 8 crores out of 100cr + population.. not a fan of modi but just saying that it is not impossible.. Dude Twitter itself said *total* Indian Twitter users are 30M - they sure know how many from India (including bots). Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted June 8, 2022 Report Share Posted June 8, 2022 17 minutes ago, hunkyfunky2 said: Dude Twitter itself said *total* Indian Twitter users are 30M - they sure know how many from India (including bots). You make a good point.. Quote Link to comment Share on other sites More sharing options...
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