Liberal Forum

TB7 » 11 Jul 2022, 6:40 am » wrote: ↑

11 Jul 2022, 6:40 am

Of course, I'm a **** idiot. Anyone who does not agree with you is a **** idiot. Here is some more IDIOCRACY
for you. Twitter, having been caught in its lie, will be exposed to the shareholders.

Twitter's stock dropped 7% in premarket trading. A clear indication that Twitter shareholders agree with Elon Musk that Twitter is overvalued due to more spam accounts than the Board acknowledges.

Twitter clearly misrepresented its assets and value, not only to Musk but also to the advertisers that paid higher prices for a much smaller market. To both Musk and the advertisers, this is fraud. Twitter could make Musk an offer of fair market value, and he would likely pay it. But going on offense to cover their fraud will devalue Twitter further and the losers will be the stockholders. Twitter has outs by fessing up the data and accepting a fair price, but they are choosing self-destruction. Caught scamming everyone.

Anyone who does not agree with you is a **** idiot.

Twitter clearly misrepresented its assets and value, not only to Musk