It all depends on future ad dollars it can generate. LOL
Twitter lied to the financial world like Enron and Health South. Who can put a true market cap on Twitter today? Auditors will say they were feed lies yo create the books. Everyone is in survival mode. Hell! It could be no better than a micro cap play.
No one knows. It’s those that pay for advertising that must be looking at their add dollar budgets second guessing everything Twitter. Employees are toast. Useful fools at this point.
I would not be holding this as time goes on and more gets exposed. If the stock tanks and you do not see another buy out offer, it’s dead. If you are a shareholder past or present, your in the coming class action law suits. Jack and the BOD could very well do jail time over this.
Man, this does not look good.
Black Rock and Vanguard has to be out by now. If not! Look out below. They will not hold this bag for others. You know they worked all weekend on this. Screw your kids graduation, it’s survival mode. Get your butt in the office.
If I had Twitter in my 401k, I’d be on the phone with my broker to get the F’k out. And if not out, you best ask why? Pension funds and retirement groups. Imagine how this news is a death nail that will spread like wild fire. Just brutal. Truth social is savoring every post this weekend.,
Black Rock and Vanguard probably have been shorting for weeks. Probably why the stock did not stay up to Elon's offer. That was the first red flag. Shit Elon is in the Red on his position unless he’s been shorting as well.
To be honest, I’m enjoying every second of this melt down,
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