Miss EPS and Revenue but why is it not dropping like SNAP?

Lin_H : Let's see when market opens

456632345 : If the routines are all the same, it will be too easy for retail investors to make money, which is impossible to happen.

GM 1 : If it’s not dipping now, it’ll sure dip very soon

doctorpot1 : There is the Twitter v Elon Musk case holding the price up. So long the case is there, there is a possibility of the buyout to happen at 54.20, or a lower price if they settle out of court, or tons of free money via fine, etc. so those will be accounted for in the share price.

HInBYE OP doctorpot1 : It’s holding up way too strong though

doctorpot1 HInBYE OP : Yea especially when most market is down hahaha. It is simple math though.

Let’s assume fair price is say $30. Then if you believe that there is an 80% chance that the deal will have to go through at $54.20, why would you sell it below $43? ($54.20 x 80%). You can do that for all possible scenarios and find out what is your own price.

If you think the chance is 0% then yea you should sell now as $38 is higher than $30.

TeslaSmurf HInBYE OP : It is being held up by the mass of people who think that Elon can “magically” be forced to buy at 54,20: PURE FANTASY. Even if a mad judge should rule that, there would be YEARS of litigation. The main lender (33 billions) clearly stated in the contract that they will back off AUTOMATICALLY in case of a trial. Elon is not directly the acting subject, but there are TWO special purpose companies in between…
Twitter won’t get a penny in the short term if Elon doesn’t want, ergo, they are fkd.