Jump to content


Twitter is 90% Bots


  • Please log in to reply
157 replies to this topic

Lord_Smaug #1 Posted May 16 2022 - 20:30

    First lieutenant

  • Players
  • 752 battles
  • 542
  • Member since:
    03-03-2015

Wow lol who would have thought :popcorn:

 



DVK9 #2 Posted May 16 2022 - 21:23

    Major

  • Players
  • 28375 battles
  • 2,282
  • [-TX-] -TX-
  • Member since:
    05-15-2013
Sure reveal it all for 1 billion dollars if he backs out.

FrontenacDuVandoo #3 Posted May 16 2022 - 21:49

    Captain

  • Players
  • 26684 battles
  • 1,894
  • [BBI2] BBI2
  • Member since:
    06-16-2017

90% of daily active users. Not the same thing as 90% bots.

Many users, I'd say most, aren't active on a daily basis.



Klaatu_Nicto #4 Posted May 16 2022 - 23:25

    Major

  • Players
  • 44077 battles
  • 14,966
  • Member since:
    09-21-2012

 

Elon Musk Twitter Buyout Could Collapse Amid Potential Fraud

 

https://www.youtube....h?v=X5nBgKkeWE4



_GeorgePreddy_II #5 Posted May 17 2022 - 02:44

    First lieutenant

  • -Players-
  • 496 battles
  • 883
  • Member since:
    12-08-2021

If you didn't think Elon was a genius prior to this, you gotta give him credit now... who else was willing to spend a BILLION  $$$  just to get us all a peak under the hood of  Twanker... err... I mean Twit ter.

 

Twit ter never suspected he would feign interest in buying Twit ter, just so he could get a look at the internal details like financials & algorithms, & they included a billion $ penalty for not completing the deal just to keep that from happening. But they missed the fact that a billion $ is pocket change to Elon, & they didn't appreciate just how much joy it would give him to YANK THEIR CHAIN.

 

Go Elon, go Elon, go Elon !!

 

 

 

 

 

 

 



Lethalhavoc #6 Posted May 17 2022 - 03:40

    Major

  • Players
  • 38720 battles
  • 12,060
  • Member since:
    01-18-2013

View Post_GeorgePreddy_II, on May 16 2022 - 18:44, said:

If you didn't think Elon was a genius prior to this, you gotta give him credit now... who else was willing to spend a BILLION  $$$  just to get us all a peak under the hood of  Twanker... err... I mean Twit ter.

 

Twit ter never suspected he would feign interest in buying Twit ter, just so he could get a look at the internal details like financials & algorithms, & they included a billion $ penalty for not completing the deal just to keep that from happening. But they missed the fact that a billion $ is pocket change to Elon, & they didn't appreciate just how much joy it would give him to YANK THEIR CHAIN.

 

Go Elon, go Elon, go Elon !!

He's probably a retired airline pilot too.



Klaatu_Nicto #7 Posted May 17 2022 - 03:47

    Major

  • Players
  • 44077 battles
  • 14,966
  • Member since:
    09-21-2012

https://finance.yaho...VVuaXQiOm51bGx9

 

q

Edited by Klaatu_Nicto, May 17 2022 - 03:49.


Lethalhavoc #8 Posted May 17 2022 - 03:53

    Major

  • Players
  • 38720 battles
  • 12,060
  • Member since:
    01-18-2013

View PostKlaatu_Nicto, on May 16 2022 - 19:47, said:

Klaatu my friend, if Musk doesn't fulfill his purchase offer of Twitter at $54 bucks a share, he's looking at a 100 billion dollar lawsuit that he can't win.

 



Mojo_Riesing #9 Posted May 17 2022 - 04:19

    Major

  • Players
  • 25129 battles
  • 3,254
  • [ACATS] ACATS
  • Member since:
    11-26-2011
Elon Musk is probably the Howard Hughes of our times and not the Howard Stark (of Marvel Comics based on Howard Hughes) he imagines himself to be.

Good in his own wheelhouse, he clearly had no idea what getting into Twitter, NOT a 1st Amendment site, would be like.

Someday being eccentric and flamboyant may see Musk wind up like Hughes did. 


Klaatu_Nicto #10 Posted May 17 2022 - 04:31

    Major

  • Players
  • 44077 battles
  • 14,966
  • Member since:
    09-21-2012

View PostLethalhavoc, on May 16 2022 - 18:53, said:

Klaatu my friend, if Musk doesn't fulfill his purchase offer of Twitter at $54 bucks a share, he's looking at a 100 billion dollar lawsuit that he can't win.

 

 

If Musk cancels the deal because Twitter was committing fraud it will be Twitter facing the lawsuit along with fines from the SEC and some of Twitter's executives could be facing prison time. 



Lethalhavoc #11 Posted May 17 2022 - 04:41

    Major

  • Players
  • 38720 battles
  • 12,060
  • Member since:
    01-18-2013

View PostKlaatu_Nicto, on May 16 2022 - 20:31, said:

 

If Musk cancels the deal because Twitter was committing fraud it will be Twitter facing the lawsuit along with fines from the SEC and some of Twitter's executives could be facing prison time. 

No, that's not the way it works Klaatu.

When Musk made his offer and signed off on it at $54 a share, it was expected of him to do his due diligence before he made a public offer or signed off on it (the law is very clear on that).

If he decides for whatever reason, not too follow through, he is libel for any and all damages that Twitter can successfully claim under the law. 

And 100 billion is a low estimate, the likely damages claimed will be far higher as it will be damages between $54 a share and whatever Twitter shares fall too, plus this and plus that.

 

Twitter has the option to accept a lower buyout price, probably within around 10% of the original offer.

But whether the board decides to accept it, is anyone's guess.

 

I do however expect the Twitter board to accept an offer of around $40 billion.


Edited by Lethalhavoc, May 17 2022 - 05:06.


ATruk #12 Posted May 17 2022 - 14:07

    Major

  • Players
  • 85477 battles
  • 2,715
  • [OVERC] OVERC
  • Member since:
    03-16-2013

View PostLethalhavoc, on May 16 2022 - 20:41, said:

No, that's not the way it works Klaatu.

When Musk made his offer and signed off on it at $54 a share, it was expected of him to do his due diligence before he made a public offer or signed off on it (the law is very clear on that).

If he decides for whatever reason, not too follow through, he is libel for any and all damages that Twitter can successfully claim under the law. 

And 100 billion is a low estimate, the likely damages claimed will be far higher as it will be damages between $54 a share and whatever Twitter shares fall too, plus this and plus that.

 

Twitter has the option to accept a lower buyout price, probably within around 10% of the original offer.

But whether the board decides to accept it, is anyone's guess.

 

I do however expect the Twitter board to accept an offer of around $40 billion.

You really think Musk would make a mistake like that?

A contract based on fraud is no contract. That is how I understand contracts.


Edited by ATruk, May 17 2022 - 14:10.


Lethalhavoc #13 Posted May 17 2022 - 14:24

    Major

  • Players
  • 38720 battles
  • 12,060
  • Member since:
    01-18-2013

View PostATruk, on May 17 2022 - 06:07, said:

You really think Musk would make a mistake like that?

A contract based on fraud is no contract. That is how I understand contracts.

The obvious problem with what you said is; Elon Musk from the very beginning said he was going to get rid of the bots and trolls.

So he knew going in they would be an issue. So, he doesn't have a legal defense there.

 

 



ATruk #14 Posted May 17 2022 - 17:23

    Major

  • Players
  • 85477 battles
  • 2,715
  • [OVERC] OVERC
  • Member since:
    03-16-2013

View PostLethalhavoc, on May 17 2022 - 06:24, said:

The obvious problem with what you said is; Elon Musk from the very beginning said he was going to get rid of the bots and trolls.

So he knew going in they would be an issue. So, he doesn't have a legal defense there.

 

 

 

Of course. But this is not a bot or trolls issue. It is a fraudulent representation of value.



Mojo_Riesing #15 Posted May 17 2022 - 17:38

    Major

  • Players
  • 25129 battles
  • 3,254
  • [ACATS] ACATS
  • Member since:
    11-26-2011
Meanwhile, in other parts of town, Musk's having used his existing stock holding in Tesla, primarily, and other companies to back his moves regarding Twitter may be playing a role it the tumbling values of shares in Tesla, and others, which probably is making those Boards and shareholders increasingly nervous about what is for Musk bascially an unrelated venture that is more a vanity project.  Given the skittish nature of investments the longer this goes the worse it's likely to get.

All for "free speech" he probably can't achieve anyway as if that REALLY was the issue in the first place.


Lethalhavoc #16 Posted May 17 2022 - 20:48

    Major

  • Players
  • 38720 battles
  • 12,060
  • Member since:
    01-18-2013

View PostATruk, on May 17 2022 - 09:23, said:

 

Of course. But this is not a bot or trolls issue. It is a fraudulent representation of value.

No, it's not.

After Musk made threats of a buyout, Twitter was going to release more stock as a poison pill to stop the takeover.

Then Musk made the generous 44 billion offer, the Twitter board considered the offer and accepted it. 

Twitter and Musk's people sat down and went over Twitters financial numbers, then penned and signed a purchase contract and a NDA.

 

Musk getting cold feet and delaying the deal because of bots that he knew about is not a deal breaker. The Twitter financial numbers are very unlikely to be fraudulent.

So, unless a 3rd party sinks this deal, Musk is on the hook for it.

 

Like it or not, Elon Musk is going to own Twitter before the year is out.


Edited by Lethalhavoc, May 17 2022 - 20:52.


ATruk #17 Posted May 17 2022 - 21:41

    Major

  • Players
  • 85477 battles
  • 2,715
  • [OVERC] OVERC
  • Member since:
    03-16-2013

View PostLethalhavoc, on May 17 2022 - 12:48, said:

No, it's not.

After Musk made threats of a buyout, Twitter was going to release more stock as a poison pill to stop the takeover.

Then Musk made the generous 44 billion offer, the Twitter board considered the offer and accepted it. 

Twitter and Musk's people sat down and went over Twitters financial numbers, then penned and signed a purchase contract and a NDA.

 

Musk getting cold feet and delaying the deal because of bots that he knew about is not a deal breaker. The Twitter financial numbers are very unlikely to be fraudulent.

So, unless a 3rd party sinks this deal, Musk is on the hook for it.

 

Like it or not, Elon Musk is going to own Twitter before the year is out.

 

Could be. I haven't seen the contract at all.

Fraud voids a contract. That is how I understand contracts.



Lethalhavoc #18 Posted May 17 2022 - 21:48

    Major

  • Players
  • 38720 battles
  • 12,060
  • Member since:
    01-18-2013

View PostATruk, on May 17 2022 - 13:41, said:

 

Could be. I haven't seen the contract at all.

Fraud voids a contract. That is how I understand contracts.

There is no fraud.

The value of the company is based on share price. The reason it is worth less now then when he signed off on it, is a drop in that share price.



ATruk #19 Posted May 17 2022 - 21:59

    Major

  • Players
  • 85477 battles
  • 2,715
  • [OVERC] OVERC
  • Member since:
    03-16-2013

View PostLethalhavoc, on May 17 2022 - 13:48, said:

There is no fraud.

The value of the company is based on share price. The reason it is worth less now then when he signed off on it, is a drop in that share price.

 

And share price is based on?

People gambling stocks look at share price.

People buying companies look at things like income, expenses, assets, etc...

Income, expenses, assets, must be based on truthful statements, of which there appear to be unanswered questions.

That is kind of what I see.



Klaatu_Nicto #20 Posted May 17 2022 - 22:02

    Major

  • Players
  • 44077 battles
  • 14,966
  • Member since:
    09-21-2012
Share price is based on investor sentiment which is based, among other things, on the data companies provide.

Edited by Klaatu_Nicto, May 17 2022 - 22:03.





1 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users