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Long2Retire

04/26/22 8:44 AM

#18640 RE: catty #18638

Elon Musk did buy Twitter, privately. The terms have been declared and accepted. $54.20/share.

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Elon Musk to Acquire Twitter
https://www.prnewswire.com/news-releases/elon-musk-to-acquire-twitter-301532245.html

"First Quarter 2022 Earnings Results
Twitter plans to release its first quarter fiscal year 2022 results before market open on April 28, 2022. In light of the pending transaction announced today, Twitter will not hold a corresponding conference call."

First Quarter 2022 earnings results will show that Musk is paying a generous price to current shareholders.

At this point, the more stock Musk buys below $54.20, the less his purchase cost. The closer the price gets to $54.20, the less profit any current investor/buyer receives in the sale. Oh what to do...