humorous Gerbil_5108 commented on a stock · Oct 6, 2022 21:46

Musk knows how to play.

On October 5th, Tesla CEO Elon Musk responded on social media Twitter regarding the agreement to promote the deal again, saying, 'Acquiring Twitter is a catalyst for accelerating the creation of the all-powerful app X.'

According to a document submitted to the Securities and Exchange Commission (SEC), Musk proposed this proposal in a letter to Twitter on Monday, which also confirmed earlier media reports.

In response to this news, Twitter's stock price rose more than 22% to $52 at the close of the US stock market.
So, faced with the repeated scams of this scumbag Yi Long, should we believe him? I am probably not inclined to believe, but Yi Long is prepared and ensures that if he has to take responsibility, he won't suffer.
First of all, Yi Long's intention in doing this is to avoid various negative impacts from the court's judgment. The trial was scheduled to begin on October 17. A judge in Delaware on Tuesday requested suggestions from both sides on how the case should proceed. As this day approaches, according to the law, it is likely to be suggested that Yi Long continue with the acquisition. Once these suggestions are made, Yi Long will be in a passive position. Yi Long has always been a person who believes in taking matters into his own hands and will not wait for this day to come. So he turned from passive to active.
Now there is still a long way to go before the real acquisition is completed, depending on whether he can obtain the necessary debt financing and whether the court can "immediately suspend the lawsuit."Now is a difficult time for banks to sell bonds. If banks such as Morgan Stanley (MS.US) try to sell unsecured portions to investors, they may suffer hundreds of millions of dollars in losses, given the historically high US bond yields.
Moreover, Yi Long's release of this news is equivalent to leaving a way out. In case he has to acquire it in the end, it gives the market room to imagine the creation of a universal application X, and also helps boost the stock price. Taking advantage of this wave of US stock market rebound, pull up the stock price. The acquisition price was set in July, and if it needs to be acquired, the cost is fixed. By pulling up the stock price now, once the scumbag needs to take responsibility, it also ensures that the acquisition is not made at a loss.
I want to make it clear that although I think Yi Long is still trying to deceive, if he really acquires Twitter, I would be happy to see it. Although Yi Long has sold 75% of BTC, there is still 25%, and according to Yi Long's character, it's almost certain that he will add more positions in BTC and other cryptocurrencies in the future. Yi Long is a person who doesn't miss any opportunity for profit, and his return is definitely a huge bullish sentiment for the crypto market. And I have shib, the news of Yi Long's acquisition of Twitter has already stimulated doge and shib's gains by more than 5%. This acquisition drama is getting more and more interesting. $Tesla (TSLA.US)$

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humorous Gerbil_5108

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