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jc100

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It’s **** anyway and I personally only use it for Karenlike tweets to “take me to your manager” when I need a company to actually do something they should be doing anyway but….Elon “the twitter troll” Musk is playing some billionaire club only game with Twitter and has put in an offer to buy it outright and take it private.

Elon Musk makes offer to buy Twitter Elon Musk makes offer to buy Twitter

Also, I like to call it Twatter every now and then and if Musk buys it that’s what it shall stay.

It personally strikes me as a rich idiot playing rich idiot games with obscene amounts of money that could be better used elsewhere.

What do you think or even IDGAF?
 
It's his money, IDGAF.

The "better used elsewhere" article doesn't really work for me. Him buying twitter is a similar percentage of net worth as me buying a car. Someone could make the same argument for me to buy a beater and use the rest of the money for something better.

In the precursor to this, EM is probably going to get in trouble with SEC again. Apparently you are supposed to disclose when you cross 5% and he waited a few more weeks until he got to almost 10% before disclosing. Upon disclosure, shares jumped 20%. He saved some money on acquisition and investors that sold in those two week missed gains they were probably entitled to.
 
Lightcycle said:
If I had $40B lying around, I'd buy more motorcycles.

A LOT of motorcycles...
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With that much you may even be able to get your hands on some unobtainium like Britten's and Millyards. Even normal level rich people have a number where they will part with their treasures.
 
GreyGhost said:
With that much you may even be able to get your hands on some unobtainium like Britten's and Millyards. Even normal level rich people have a number where they will part with their treasures.
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I've done the collector motorcycle thing before. It's not that satisfying.

I like to put mega-mileage on my bikes plus I'm not good enough of a rider to make use of all the go-fast parts and uber-light-weight materials. Normal production-run bikes are fine for me.

I am a sucker for a cool paint-scheme though...

I think with all that money, it'd probably go to having a storage facility large enough to house all my vehicles.
 
If I had 40 billion lying around I’d like to think I’d use it to do something trivial like attempt to solve the homeless problem/world hunger/or build a few hospitals…..and buy a motorcycle company, and an island…maybe New Zealand.
 
Lightcycle said:
I've done the collector motorcycle thing before. It's not that satisfying.

I like to put mega-mileage on my bikes plus I'm not good enough of a rider to make use of all the go-fast parts and uber-light-weight materials. Normal production-run bikes are fine for me.

I am a sucker for a cool paint-scheme though...

I think with all that money, it'd probably go to having a storage facility large enough to house all my vehicles.
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You spelled indoor track wrong :) Year round facility to house and play with your toys.
 
GreyGhost said:
You spelled indoor track wrong :) Year round facility to house and play with your toys.
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I like the way you think!

All the great motorcycle racers build a track in their back yard: Rossi, Colin Edwards....

Texas Tornado's Ranch. Not indoors, but covered:

Photo-Condon2.jpg
 
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Lightcycle said:
Maybe a nice reliant automobile.

Or a fur coat... but not a real fur coat, that's cruel...

A llama? Or an emu?
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Or a lot of Kraft Dinner.
 
jc100 said:
If I had 40 billion lying around I’d like to think I’d use it to do something trivial like attempt to solve the homeless problem/world hunger/or build a few hospitals…..and buy a motorcycle company, and an island…maybe New Zealand.
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Bill Gates is trying to do that with diseases, his thanks is being vilified by the ever increasing number of wackos.

As for Twitter, I like it and it’s the only social media outside of some forums that I actively check. Don’t post anything to it, outside of when I need to go Karen on a company to get something fixed, but do enjoy reading it. It is the best source of realtime information when a special event is happening in realtime. Also the best way to hear opinions and perspectives directly from some really smart people. Obviously there are the bots and nutjobs that ruin it, but they’re easily enough to filter out and ignore.

I’ll bet $20 that Elon will never buy Twitter, he’s just playing the stock to screw the company (cause they’re against freedumbs) and make some easy money doing it. He buys it cheap, stock spikes on announcement that he bought it, he then sells it at the new price cause he has no interest in it anyways, stock then drops on announcement that he’s out.
 
regder said:
I’ll bet $20 that Elon will never buy Twitter, he’s just playing the stock to screw the company (cause they’re against freedumbs) and make some easy money doing it. He buys it cheap, stock spikes on announcement that he bought it, he then sells it at the new price cause he has no interest in it anyways, stock then drops on announcement that he’s out.
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Yet somehow sec allows that crap (and short reports). It is not insider trading but someone takes a position and then releases a statement knowing that it will manipulate the price. You have inside knowledge that the price will move even if you have no knowledge of internal company workings.
 
GreyGhost said:
Yet somehow sec allows that crap (and short reports). It is not insider trading but someone takes a position and then releases a statement knowing that it will manipulate the price. You have inside knowledge that the price will move even if you have no knowledge of internal company workings.
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The fine is something like $200k for his delayed filing, it’s an absolute joke. I hope the SEC throws everything they can at him to make an example, otherwise they may as well just close the doors and give up.
 
regder said:
The fine is something like $200k for his delayed filing, it’s an absolute joke. I hope the SEC throws everything they can at him to make an example, otherwise they may as well just close the doors and give up.
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Until fines are in the ballpark of double the potential money, they are meaningless.

Like the maple syrup heist, the thief argued 9M was gross but net profit was only 1M and court ordered him to pay 1M. On appeal, court said that by definition you cant have legitimate expenses in an illegal operation so the fine (probably reimbursement not a fine but that barely matters) was 9M. Ha.

Musk is in for ~3B. The fine should be at least that and preferably double or more.
 
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