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if we're lucky, Musk will sell Twitter just to stay alive for a few more days
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Its part of the contract, its part of the employee equity.
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some of the worst financial decisions in history :D
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it most likely won't. the IPO was already over valued
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So what happens when it triple the amount shares on the market in 2 weeks?
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but, that's to be expected when the goal of the right-wing politicians they support is to literally keep them poor, sick, and stupid. poor so they can't afford to fight back, sick so they don't have the wherewithal to fight back, and uneducated so they don't know they should be fighting back or things like the word "sheriff" first appeared in the year 1865 and a vast majority of the same people who held the title were the same whose elected position before the civil war was "slave catcher" 👀
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there’s all kinds of desperation going on right now. i got a call earlier from an investment company that i guess is a partner of my contracting agency and asked if i would be interested in putting money into stocks for retirement.
i simply responded: “Why don’t I just set my money on fire? Same outcome.”
she literally didn’t know how to respond to that.
we seriously need government managed pension plans and we need the stock market put into managed decline
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Id be doing the Womp Womp to this if it wasn't for the fact that the company can bring the entire Russel 500 and all the pension funds in it down all together.
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if you’re dumb enough to invest in anything involving Elon, you deserve to be destitute.
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(not that I think it would be more responsible to give it to the saudis, that would be equally as corrupt and untenable)
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oh I must have misread. I thought you ment the stock price. yeah the price will totally bottom out
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the Infographics Show on youtube did a deep dive into the whole thing. check it out. it's a beautiful disaster
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it's basically the worst "choose your own adventure"
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keep in mind these are the same folks that vote for more police at every turn because they think there's just constant crime going on because that's what their "news" outlets spoon feed to them at all hours of the day, and none of them realize they're just opting into police-enforced wage slavery and putting a target on their backs for doing something as mundane as driving around normally.
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their supply-sided "trickle-down" myth has been proven false beyond the shadow of a reasonable doubt so in order to keep tricking the low population states' voter bases into voting for their own misery they have to lean on the "culture wars" thing which is just a way of them scapegoating an already-oppressed group as somehow the reason for their suffering despite said group literally not existing there
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That was their plan. Guaranteed institutional buyers.
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