newtboy US

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Channel: motorsports
Birthdate: June 29th
A little about me...
There are two kinds of people, those who can extrapolate from incomplete data …. People Who Can't Tell Entomology from Etymology Bug Me in Ways I Can't Put Into Words

Member Since: July 20, 2007
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JiggaJonson says...

"The car-maker’s share price has cratered since Musk announced his buyout plan, shedding more than 30 percent of its value over the course of a month."

https://www.theverge.com/2022/5/25/23141940/elon-musk-tesla-twitter-margin-loan-buyout-deal

You're right about it being a relatively good time to buy the stock (always buy on bad news) but last I checked, you seemed keen around here https://videosift.com/video/Why-I-8482-m-ALL-IN-On-Tesla-Stock


At the very least, unless you bought stock in Tesla before Dec 2020 - OR - very specifically the month of June 2021, you're in the Red. At worst, you're down 30%.

But you're right, it IS a great time to buy that stock...because it's doing so amazingly fucking incredibly poorly. However, what's the stock gonna do when the S.E.C. comes ah-huntin for them shady deals that Musk seems to be runnin by acting like a lunatic in thinly veiled price manipulation schemes???

One maxim i've found true, rich people get mad when you mess with their money. They even get mad when other rich people do it.

About your brain damage, how exactly is it joe biden's fault? EXACTLY?

bobknight33 said:

It’s a fantastic time to buy Tesla stock. Truly this is a “thank Joe Biden”

WRT to twitter musk trying to get a true sense of fake accounts and bots

bobknight33 says...

It’s a fantastic time to buy Tesla stock. Truly this is a “thank Joe Biden”

WRT to twitter musk trying to get a true sense of fake accounts and bots

newtboy said:

Interesting….Elon was buying Twitter in part to reinstate Trump’s account…because that would obviously increase traffic and the company’s value (he assumes).
Turns out that, in order to get investment in Truth Social (which Trump calls Troth Sential) Trump had to sign contracts promising to not only post on truth central, but to EXCLUSIVELY post on truth central. (The company buying it also had to put out a statement to investors warning them that Trump’s business record is horrible, listing the companies he ran into bankruptcy or that were deemed to be frauds but not the rest that just failed).

Not good for Musk. The Twitter fiasco, trying to buy his way into political discourse, has backfired terribly…it’s going to cost him $1 BILLION to walk away, and there’s no other option, the company is worth around 1/2 of his purchase price. That deal dragged Tesla stock down to near 1/2 its previous value. Not a good time to be all in.

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