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Tags elon musk , twitter

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Old 19th January 2023, 04:28 AM   #2321
Puppycow
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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.
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Old 19th January 2023, 05:47 AM   #2322
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Originally Posted by Trebuchet View Post
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.
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Old 19th January 2023, 05:51 AM   #2323
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Originally Posted by Doubt View Post
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.
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Old 19th January 2023, 09:44 AM   #2324
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Originally Posted by catsmate View Post
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.
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Old 19th January 2023, 10:04 AM   #2325
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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.
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Old 19th January 2023, 10:08 AM   #2326
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Originally Posted by Fast Eddie B View Post
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.

Last edited by lobosrul5; 19th January 2023 at 10:13 AM.
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Old 23rd January 2023, 09:06 AM   #2327
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Mod Info Ive moved the discussion of markets and their rationality to http://www.internationalskeptics.com...d.php?t=364109
Posted By:sarge
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Old 23rd January 2023, 10:10 AM   #2328
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Originally Posted by sarge View Post
Mod Info Ive moved the discussion of markets and their rationality to http://www.internationalskeptics.com...d.php?t=364109
Posted By:sarge
Thank you.
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Old 23rd January 2023, 11:54 AM   #2329
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Originally Posted by Fast Eddie B View Post
Thank you.
Diito.
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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.
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Old 24th January 2023, 04:00 AM   #2330
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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.
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Old 24th January 2023, 04:56 AM   #2331
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The Tower is for Noblemen.
Commoners like Musk get thrown into Fleet Prison and hanged at Tyburn.
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Old 24th January 2023, 06:01 AM   #2332
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Originally Posted by The Great Zaganza View Post
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.
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Old 24th January 2023, 07:48 AM   #2333
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Originally Posted by The Great Zaganza View Post
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.
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Old 24th January 2023, 01:45 PM   #2334
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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.
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Old 24th January 2023, 01:54 PM   #2335
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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.
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Old 24th January 2023, 04:17 PM   #2336
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Originally Posted by The Great Zaganza View Post
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.
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Old 24th January 2023, 04:18 PM   #2337
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Originally Posted by Gulliver Foyle View Post
Being a debtor, Musk would experience His Majesty's pleasure at Marshalsea.

The Dickens you say.....
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Old 25th January 2023, 12:45 AM   #2338
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Originally Posted by Gulliver Foyle View Post
Being a debtor, Musk would experience His Majesty's pleasure at Marshalsea.
They used to have debtors at Fleet too.
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