by Chris Black
Twitter is cash flow negative and doesn’t make money. As a private corporation it is bankrupt. The only purpose Twitter has is to trade on the stock market to pump and dump shares.
Twitter Jumps After Musk Files 13D Signaling Tender, 'Funding Secured' https://t.co/2j49PEELZ0
— zerohedge (@zerohedge) April 21, 2022
BREAKING: Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, and he’s trying to negotiate a deal with the company. Musk is exploring a tender offer to buy all of the social media platform’s common stock for $54.20 per share in cash. https://t.co/pqFqzeS80o
— The Associated Press (@AP) April 21, 2022
This is like the movie Wall Street, except everyone is cheering for Gordon Gekko.
I want carnage. I want woke tears pouring down the stairs like the pipe that burst in the vote counting facility in Atlanta on election night.