by Chris Black
Look at these clueless libtards on Twitter:
I don't believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects.
Being one of the largest & long-term shareholders of Twitter, @Kingdom_KHC & I reject this offer.t.co/Jty05oJUTk pic.twitter.com/XpNHUAL6UX
— الوليد بن طلال (@Alwaleed_Talal) April 14, 2022
Twitter doesn’t even make a profit and trades with a negative P/E.
It isn’t a new company either. The company is functionally bankrupt and is nothing more than an online water-cooler.
Yet it is worth $36 billion.
So what is the actual growth prospect?
The fact that other stocks like it trade for more money?
*TWITTER BOARD WEIGHING PLAN TO THWART MUSK’S TAKEOVER PLAN: NYT
— zerohedge (@zerohedge) April 14, 2022
Musk already violated regulations by not disclosing his position in time, causing lawsuits. There will be even more lawsuits filed after this stunt.
Musk does deserve to be in jail.
A lot of people have gone to prison for far less. Stratton Oakmont was a more legitimate business than anything helmed by Musk.
Tesla shares are up more than $50 billion on this “news” as well.
Musk can buy Twitter with his personal proceeds of three days’ worth of Tesla gains.
The absolute joke of a $1 trillion company.