![Twitter outed itself as a Saudi Intelligence and propaganda platform. [747x501 - 68KB]](https://pic8.co/sh/EkvgCL.png){kind=link}
Vanguard stepped in today to buy more than Elon, and I bet they are doing the same in other companies... for a loss... to stop this kind of takeover.
Aren't they buying in below what Musk offered for it? How is that a loss? My understanding was I could do the same thing if I wanted to. It's a publicly traded company.
If you bought Twitter stock, right now, it would be lower than what Elon is offering... assuring a price hike of they sold.
The fact that the price has dropped after Vanguard moved in to outrank Elons 9.1% shows us they are trying to stop the sale.
Yes, you are right. If you walked in off the street with a $55.00 a share ask, totaling over $40 billion, submitted officially to the SEC, then the board legally has to put it to a vote to sell. Otherwise, they are violating their fiduciary obligation.
Alternatively, the vote can go to shareholders, at large. Your trading app literally sends you a yes or no link.
When Vanguard was buying in, the price dropped. The futures dropped. The long term outlook dropped.
https://finance.yahoo.com/quote/twtr/
Because the company is not viable if the board refuses to make money.
It's a bit unprecedented, in that sense.
This is why there isn't a good guess as to what will happen.
The deep state needs an oblique solution.
But... they get away with crap all the time. Nothing will surprise me.
I wasn't speculating about someone ("myself") buying the whole company. I just meant anyone can buy through a brokerage at a lower value than Musk's offer. Actually, the Saudi dude and some others claim that Twitter is worth a lot more than $55 a share. So it's kinda weird. But I guess Vanguard in that sense put some money where their mouth is.
For the record, I only invest in companies that either make positive money or at least seem like they're about to start. IDK I haven't really considered TWTR
Twitter is a gateway for billions in Internet astroturfing dollars, meaning that... for pennies on the dollar.. a single owner could control, steer, manipulate or completely silence a lot of money and political power.
Add to that... the data collection involved, and Elon would potentially have doxx for every bad state actor on the Internet. It's more than about money.
Additionally, Twitter operates under secret intelligence directives in multiple countries. It's not just a propaganda apparatus, it's a espionage tool, reporting locations and Metadata ob all its users... even military and intelligence commu its users.
As to buying the stock? It's a coin flip. If the sale goes through, which it should by all measures, everyone who bought in early wins.
However, it looks like there is resistance and Vanguard, the Prince and their friends seem willing to lose money to hold Twitter, because their other clandestine assets that operate through Twitter and with its data are also on the line... but they can't admit that.
(post is archived)