Musk & TWTR

Wednesday, Oct 5th, 2022 Yesterday, Elon Musk sent the folks at Twitter (TWTR) a letter that his “on again” “off again” deal to buy TWTR for $54.50 per share was back on again, days before the trial to force him to complete the deal was scheduled to begin. Was this sudden change due to his…… Continue reading Musk & TWTR

Canary in the Coal Mine?

Is Elon Musk’s proposed $44 Billion leveraged take over of Twitter at $54.20/share, a 38% premium over its market price last month, a warning sign of a market top? Why is the richest American using mostly borrowed money to take TWTR private? Why is a major American bank lending such large sums of money to…… Continue reading Canary in the Coal Mine?