Elon Musk

Out of context: Reply #446

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  • doggydoggdog-2

    What happens if you buy Twitter stock now?

    • You won't have made as much as stockholders did today. I made $9.12 today. Drinks on me.CyBrainX
    • drink on you, tip on mecapn_ron
    • Is this a serious question? If you buy it you own it. That’s it.monospaced
    • Once the buyout is finalized, you get paid out at $54.20 a share. Maybe they send you a cheque. The risk is you buy now, buyout doesn't happen, price plummets.monNom
    • I don’t think so.monospaced
    • Twitter won’t send checks. When a company changed hands the shares remain with the shareholders. Elon isn’t buying shares from people dude.monospaced
    • The shares will go up or down in value. That’s it.monospaced
    • "Musk’s comments that he plans “to retain as many shareholders as is allowed by the law in a private company” is also likely sowing confusion. Some may havefadein11
    • interpreted this as meaning retail investors will be able to stay in, even once Twitter is taken private. But the reality is that only the largest investors arefadein11
    • likely to own a piece of the company after the deal closes."fadein11
    • https://www.bloomber…fadein11
    • Delaware company can have 500 shareholders I think. I think that’s the largest for a private co.monNom
    • As for shares. Most are registered to ‘street names’ so you don’t actually hold them. You hold a claim to them that is mediated by the broker/market maker.monNom

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