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Twitter faces 'nightmare scenario' as
Elon Musk exit slams shares

Original Article

Posted By: Black Conservative Voice, 7/12/2022 10:40:23 AM

Twitter shares plunged Monday in the first day of trading since Elon Musk abandoned his $44 billion agreement to buy the company – and one tech industry analyst warned of a potentially disastrous long-term scenario for the embattled social media firm. Twitter’s stock sank 11% as investors reacted to the exit. Musk’s move that sets up a lengthy court battle likely to weigh on company shares for months or years to come and added to the challenges facing CEO Parag Agrawal, according to Wedbush analyst Daniel Ives.

Comments:

Maybe Twitter will be forced to give the correct numbers of fake accounts if they go to court, which I doubt Twitter will do .. Twitter is barking up the wrong tree. If the people running Twitter were honest and transparent in the workings of the company instead of sneaky and corrupt, the sale would have already happened and this drama wouldn't be happening.

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Reply 1 - Posted by: Vaquero45 7/12/2022 10:51:46 AM (No. 1213951)
They can't go belly-up fast enough to suit me. Twitter is a force for evil in the modern world.
11 people like this.

Reply 2 - Posted by: Amanoftwistsandturns 7/12/2022 10:58:09 AM (No. 1213961)
Let ‘em burn.They will be begging for Trump to return.
4 people like this.

Reply 3 - Posted by: Ida Lou Pino 7/12/2022 11:23:34 AM (No. 1213988)
Anyone who writes a story about this fiasco - - or who reads one - - should be permanently banned from twitter. In fact - - everyone should be permanently banned from twitter. That'll teach them not to criticize twitter!
4 people like this.

Reply 4 - Posted by: WV.Hillbilly 7/12/2022 11:28:06 AM (No. 1213993)
If Twitter takes Musk to court to collect the buyout fee, they will have to disclose everything. If they don't take him to court they have something to hide and then are vulnerable to a lawsuit from stockholders. A win-win for Musk. He probably buys them for far less than his original offer.
3 people like this.

Reply 5 - Posted by: Ditto1958 7/12/2022 11:30:27 AM (No. 1213997)
This whole thing is both funny and sad, all at the same time. Sad for a couple of reasons: first, because the world could use a better Twitter, and they would most likely get a better one if mosque were at the helm. Second, because there are innocent investors out there who is investments are in a state of great turmoil wow this whole thing plays out. But it’s also funny because Musk has been playing Twitter, the left and the MSM, living rent free in their heads throughout this process. It seems as though they probably don’t even realize that they are being played by him.
2 people like this.

Reply 6 - Posted by: Quigley 7/12/2022 11:32:27 AM (No. 1214000)
Couldn’t happen to a smugger more corrupt company. Hopefully the cockroaches will be exterminated as they flee from under the twitter-log when it’s rolled over.
2 people like this.

Reply 7 - Posted by: voxpopuli 7/12/2022 11:37:06 AM (No. 1214011)
he started buynig at around this price early in the year.. as i see it, they are right back where they should be..
0 people like this.

Reply 8 - Posted by: RobertJ984 7/12/2022 12:26:50 PM (No. 1214086)
#4. This morning, Stewart Varney predicted that Elon will only pay in the low 20's per share to buy Twitter
2 people like this.

Reply 9 - Posted by: DVC 7/12/2022 1:54:40 PM (No. 1214213)
Now that everyone has figured out that probably half of their "Twits" are fake.
1 person likes this.

Reply 10 - Posted by: Omen55 7/12/2022 2:36:50 PM (No. 1214258)
This is a chess game & Musk has planned out his moves. The endgame is to get what he really wants.
1 person likes this.

Reply 11 - Posted by: Zigrid 7/12/2022 2:49:28 PM (No. 1214276)
AND..who told US this would happen????...President Trump...he knows more than WE do....and I suspect he knew twitter was a phony company with many more subscribers not actual people on their list...which goes to prove social media is run by out of control lefties who think they can set the narrative....and they messed with a business man...elon musk...who never buys a pig in a poke....just like President Trump...they are businessmen who know what they're doing...
2 people like this.

Reply 12 - Posted by: Dodge Boy 7/12/2022 3:43:52 PM (No. 1214328)
Elon will end up getting Tweeter for $30/share. He plays like Trump does. Smarts all the way.
1 person likes this.

Reply 13 - Posted by: JimBob 7/12/2022 11:38:02 PM (No. 1214677)
"Twitter faces 'nightmare scenario' "? Gee, my Give-A-Dam's Busted. I did not care much for this Elon Musk guy when I first heard about him, with all the leftist media fawning all over him. But, more and more, I like him!
0 people like this.

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