[Merged] Musk buys Twitter!/ Elon Musk puts Twitter deal on hold.... - Page 59

Puppycow · 19th January 2023, 04:28 AM

Here's a story in The Verge about the saga:

Extremely Hardcore

Quote:

In April 2022, Elon Musk acquired a 9.2 *percent stake in Twitter, making him the company’s largest shareholder, and was offered a seat on the board. Luke Simon, a senior engineering director at Twitter, was ecstatic. “Elon Musk is a brilliant engineer and scientist, and he has a track record of having a Midas touch, when it comes to growing the companies he’s helped lead,” he wrote in Slack.

catsmate · 19th January 2023, 05:47 AM

Originally Posted by Trebuchet

Not only can you read it without an account, you don't get the ads. Just have to close the "sign up" screens once in a while.

There's a script for that.

catsmate · 19th January 2023, 05:51 AM

Originally Posted by Doubt

Just in time for Musk to break his word and sell more Tesla stock, which might bring Tesla closer to a fairly priced stock.

Or trigger panic selling and a price crash.

Doubt · 19th January 2023, 09:44 AM

Originally Posted by catsmate

Or trigger panic selling and a price crash.

That would be more or less the same thing. From what I have read, a fair valuation for the stock is around $25 per share. Currently trading at $124 per share.

Fast Eddie B · 19th January 2023, 10:04 AM

The “Efficient Market Hypothesis” would have the stock “fairly valued” at $124 a share.

Over valued or under valued only make sense from a historical perspective. I could go into more detail and why I hold to the hypothesis but Google is your friend.

lobosrul5 · 19th January 2023, 10:08 AM

Originally Posted by Fast Eddie B

The “Efficient Market Hypothesis” would have the stock “fairly valued” at $124 a share.

Over valued or under valued only make sense from a historical perspective. I could go into more detail and why I hold to the hypothesis but Google is your friend.

"Fair value" is just whatever whomever is analyzing believes the stock is worth. If you think a stock is trading below fair value, its a buy.

Tesla is trading around 10x its book value, but for a growth stock thats not really outrageous.

ETA: if you believe the market is perfectly efficient there is of course no reason to pick stocks. Just buy an index fund.

sarge · 23rd January 2023, 09:06 AM

Ive moved the discussion of markets and their rationality to http://www.internationalskeptics.com...d.php?t=364109

Posted By:sarge

Fast Eddie B · 23rd January 2023, 10:10 AM

Originally Posted by sarge

Ive moved the discussion of markets and their rationality to http://www.internationalskeptics.com...d.php?t=364109

Posted By:sarge

Thank you.

catsmate · 23rd January 2023, 11:54 AM

Originally Posted by Fast Eddie B

Thank you.

Diito.

jeremyp · 24th January 2023, 04:00 AM

Now he's really in trouble

https://www.bbc.co.uk/news/uk-64381582

Twitter is being sued by the Crown Estates for not paying rent for the London office. Effectively, Twitter is renting that office off the King. If Musk ever comes to the UK, he'll probably get thrown in the Tower of London.

The Great Zaganza · 24th January 2023, 04:56 AM

The Tower is for Noblemen.
Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn.

Gulliver Foyle · 24th January 2023, 06:01 AM

Originally Posted by The Great Zaganza

The Tower is for Noblemen.
Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn.

Being a debtor, Musk would experience His Majesty's pleasure at Marshalsea.

Chanakya · 24th January 2023, 07:48 AM

Originally Posted by The Great Zaganza

The Tower is for Noblemen.
Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn.

Unless he lends Charles large sums of money? Assuming he still has large amounts left?

If he were able to do that, then instead of being drawn and quartered in public, he might instead be able to have Chrales sign a Muska Carta with him, that lets him have a say on whether Harry and Meghan should be allowed to attend Charles's coronation*.

* Because that's the kind of momentous decisions the Royal Family is responsible for taking these days, instead of deciding on whether to wage wars or raise taxes and such other boring things they'd needed to deal with in times past.

I Am The Scum · 24th January 2023, 01:45 PM

Neo-Nazi Nick Fuentes has been let back on Twitter. Notably, he is one of the main influences behind Kanye's recent anti-semitic turn, and caused a little bit of a scandal when he showed up for a meal with Trump at Mar-A-Lago.

Dr. Keith · 24th January 2023, 01:54 PM

Just musing on how that one billion dollar back-out fee seems like it would have been a good deal for Musk.

It seemed so ludicrous at the time. But this deal has really not been good for his companies, his image, or his net wealth.

dudalb · 24th January 2023, 04:17 PM

Originally Posted by The Great Zaganza

The Tower is for Noblemen.
Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn.

Tower is pretty much for tourist, and Tyburn is part of Hyde Park.

dudalb · 24th January 2023, 04:18 PM

Originally Posted by Gulliver Foyle

Being a debtor, Musk would experience His Majesty's pleasure at Marshalsea.

The Dickens you say.....

jeremyp · 25th January 2023, 12:45 AM

Originally Posted by Gulliver Foyle

Being a debtor, Musk would experience His Majesty's pleasure at Marshalsea.

They used to have debtors at Fleet too.

19th January 2023, 04:28 AM	#2321
Puppycow Penultimate Amazing Join Date: Jan 2003 Location: Yokohama, Japan Posts: 27,799	Here's a story in The Verge about the saga: Extremely Hardcore Quote: In April 2022, Elon Musk acquired a 9.2 *percent stake in Twitter, making him the company’s largest shareholder, and was offered a seat on the board. Luke Simon, a senior engineering director at Twitter, was ecstatic. “Elon Musk is a brilliant engineer and scientist, and he has a track record of having a Midas touch, when it comes to growing the companies he’s helped lead,” he wrote in Slack.
	__________________ A fool thinks himself to be wise, but a wise man knows himself to be a fool. William Shakespeare

19th January 2023, 05:47 AM	#2322
catsmate No longer the 1 Join Date: Apr 2007 Posts: 27,906	Originally Posted by Trebuchet Not only can you read it without an account, you don't get the ads. Just have to close the "sign up" screens once in a while. There's a script for that.
	__________________ As human right is always something given, it always in reality reduces to the right which men give, "concede," to each other. If the right to existence is conceded to new-born children, then they have the right; if it is not conceded to them, as was the case among the Spartans and ancient Romans, then they do not have it. For only society can give or concede it to them; they themselves cannot take it, or give it to themselves.

19th January 2023, 05:51 AM	#2323
catsmate No longer the 1 Join Date: Apr 2007 Posts: 27,906	Originally Posted by Doubt Just in time for Musk to break his word and sell more Tesla stock, which might bring Tesla closer to a fairly priced stock. Or trigger panic selling and a price crash.
	__________________ As human right is always something given, it always in reality reduces to the right which men give, "concede," to each other. If the right to existence is conceded to new-born children, then they have the right; if it is not conceded to them, as was the case among the Spartans and ancient Romans, then they do not have it. For only society can give or concede it to them; they themselves cannot take it, or give it to themselves.

19th January 2023, 09:44 AM	#2324
Doubt Philosopher Join Date: Apr 2002 Posts: 7,733	Originally Posted by catsmate Or trigger panic selling and a price crash. That would be more or less the same thing. From what I have read, a fair valuation for the stock is around $25 per share. Currently trading at $124 per share.
Doubt Philosopher Join Date: Apr 2002 Posts: 7,733	__________________ 45 es un titere

19th January 2023, 10:08 AM	#2326
lobosrul5 Illuminator Join Date: Nov 2017 Posts: 4,127	Originally Posted by Fast Eddie B The “Efficient Market Hypothesis” would have the stock “fairly valued” at $124 a share. Over valued or under valued only make sense from a historical perspective. I could go into more detail and why I hold to the hypothesis but Google is your friend. "Fair value" is just whatever whomever is analyzing believes the stock is worth. If you think a stock is trading below fair value, its a buy. Tesla is trading around 10x its book value, but for a growth stock thats not really outrageous. ETA: if you believe the market is perfectly efficient there is of course no reason to pick stocks. Just buy an index fund.
lobosrul5 Illuminator Join Date: Nov 2017 Posts: 4,127	Last edited by lobosrul5; 19th January 2023 at 10:13 AM.

19th January 2023, 10:04 AM	#2325
Fast Eddie B Philosopher Join Date: Sep 2010 Location: Lenoir City, TN/Mineral Bluff, GA Posts: 7,426	The “Efficient Market Hypothesis” would have the stock “fairly valued” at $124 a share. Over valued or under valued only make sense from a historical perspective. I could go into more detail and why I hold to the hypothesis but Google is your friend.

23rd January 2023, 11:54 AM	#2329
catsmate No longer the 1 Join Date: Apr 2007 Posts: 27,906	Originally Posted by Fast Eddie B Thank you. Diito.
	__________________ As human right is always something given, it always in reality reduces to the right which men give, "concede," to each other. If the right to existence is conceded to new-born children, then they have the right; if it is not conceded to them, as was the case among the Spartans and ancient Romans, then they do not have it. For only society can give or concede it to them; they themselves cannot take it, or give it to themselves.

24th January 2023, 04:00 AM	#2330
jeremyp Master Poster Join Date: Aug 2003 Location: ZZ9 Plural Z Alpha Posts: 2,282	Now he's really in trouble https://www.bbc.co.uk/news/uk-64381582 Twitter is being sued by the Crown Estates for not paying rent for the London office. Effectively, Twitter is renting that office off the King. If Musk ever comes to the UK, he'll probably get thrown in the Tower of London.

24th January 2023, 04:56 AM	#2331
The Great Zaganza Maledictorian Join Date: Aug 2016 Posts: 19,306	The Tower is for Noblemen. Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn.
	__________________ "The only true paradise is paradise lost" Marcel Proust

24th January 2023, 06:01 AM	#2332
Gulliver Foyle Muse Join Date: Dec 2014 Location: Cork baaaiii Posts: 969	Originally Posted by The Great Zaganza The Tower is for Noblemen. Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn. Being a debtor, Musk would experience His Majesty's pleasure at Marshalsea.

24th January 2023, 07:48 AM	#2333
Chanakya Join Date: Apr 2015 Posts: 3,997	Originally Posted by The Great Zaganza The Tower is for Noblemen. Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn. Unless he lends Charles large sums of money? Assuming he still has large amounts left? If he were able to do that, then instead of being drawn and quartered in public, he might instead be able to have Chrales sign a Muska Carta with him, that lets him have a say on whether Harry and Meghan should be allowed to attend Charles's coronation. Because that's the kind of momentous decisions the Royal Family is responsible for taking these days, instead of deciding on whether to wage wars or raise taxes and such other boring things they'd needed to deal with in times past.
Chanakya Join Date: Apr 2015 Posts: 3,997

24th January 2023, 01:45 PM	#2334
I Am The Scum Illuminator Join Date: Mar 2010 Posts: 4,971	Neo-Nazi Nick Fuentes has been let back on Twitter. Notably, he is one of the main influences behind Kanye's recent anti-semitic turn, and caused a little bit of a scandal when he showed up for a meal with Trump at Mar-A-Lago.
	__________________ Please temper your expectations if you are going to argue with a nazi sympathizer

24th January 2023, 01:54 PM	#2335
Dr. Keith Not a doctor. Join Date: Jun 2009 Location: Texas Posts: 25,429	Just musing on how that one billion dollar back-out fee seems like it would have been a good deal for Musk. It seemed so ludicrous at the time. But this deal has really not been good for his companies, his image, or his net wealth.
	__________________ Suffering is not a punishment not a fruit of sin, it is a gift of God. He allows us to share in His suffering and to make up for the sins of the world. -Mother Teresa If I had a pet panda I would name it Snowflake.

24th January 2023, 04:17 PM	#2336
dudalb Penultimate Amazing Join Date: Aug 2007 Location: Sacramento Posts: 57,211	Originally Posted by The Great Zaganza The Tower is for Noblemen. Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn. Tower is pretty much for tourist, and Tyburn is part of Hyde Park.
	__________________ Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty. Robert Heinlein.

24th January 2023, 04:18 PM	#2337
dudalb Penultimate Amazing Join Date: Aug 2007 Location: Sacramento Posts: 57,211	Originally Posted by Gulliver Foyle Being a debtor, Musk would experience His Majesty's pleasure at Marshalsea. The Dickens you say.....
	__________________ Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty. Robert Heinlein.

25th January 2023, 12:45 AM	#2338
jeremyp Master Poster Join Date: Aug 2003 Location: ZZ9 Plural Z Alpha Posts: 2,282	Originally Posted by Gulliver Foyle Being a debtor, Musk would experience His Majesty's pleasure at Marshalsea. They used to have debtors at Fleet too.