Am I getting scammed?
Posted on 05/13/2022 3:16:57 AM PDT by JonPreston
Pre-market, $38.26
Musk seems like the guy that likes tangible products not a company made out of hot air.
“”Musk certainly did get a bunch of useful admissions from various people after his takeover move.””
Funny, I was thinking the same thing. Now if they find out these bot accounts were generated by Twitter or directly or indirectly supported by them, you’ve got a pretty good case of fraud. Any time one company is bought by another there will always be those who want to suck up to the new boss. They usually have pretty big mouths.
Keeping that in mind, realize how much the MSM depends on what is “trending” on Twitter to determine what and how stories are reported.
There is a reason some accounts have been branded “influencers” and it ain’t just about Youtube videos.
Well, if Twitter made claims about number of users in its quarterly and annual statements, and those claims are bogus, Musk may be the least of the company’s worries.
This is not new. The MO was developed and honed by the MSM over the past fifty years. You can’t get more coordinated, tightly controlled fake messaging from one master bot controller than we’ve seen from the elite media since long before social media. The “gravitas” phenomena.
The exposure is a beautiful thing. Criminal or civil fraud to tell advertisers there were X number of real eyeballs seeing their ads and many of those eyeballs were not real.
Yup, Musk is. either going to expose twitter as a fraud and walk from the deal leaving twitter discredited and devalued or he is going to drive the value down and buy it for a smoking deal.
Exactly what makes “discovery” so important in lawsuits.
Given the dramatic decline of the stock market and the overstatement of Twitter accounts, it is only natural that he would renegotiate to get the price down.
If that was the plan all along I sure don’t want to play poker with him.
Unfortunately his delay in reporting his accumulation of their stock has also led to an SEC investigation for himself.
Just as with Gamestop, there seems to be two different stories here. With the Gamestop situation there were those who saw it solely as a vehicle to make money while others saw it as a method to expose and damage short traders. With Twitter, we again have some who see it solely as a cash producing vehicle while others see the situation as a chance to expose and destroy a propagandw machine.
Just my 2¢
If they have a significant amount of fake accounts, then would that need to be reported to SEC?
How is that any different than posting phony earnings reports since the earnings are a function of total accounts?
Remember when Rush Limbaugh got a lot heat over something he said and was subject to a massive campaign on Twitter attacking his advertisers trying to get him shut down ???
He had the money to hire a team of people to investigate what was happening, the conclusion was the entire effort was led by 5-10 people controlling hundreds if not thousands of Bots all designed to push a narrative about his show.
What if Musk discovered that 25-30% of Twitter’s accounts are fake and executives knew or suspected what was happening and did nothing in order to drive the stock price ??
70 shares? They are largely compensated in shared.
I halfway wonder whether they had him do it to try to build some (faux) MAGA/conservative cred for him. Or to get the Pubbies off the Big Social regulation trail.
Am I getting scammed?
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