BIG BILLION BREAK - 11.5.2022 No matter if the price keeps climbing or falling, it is bound to happen BULLS WILL ATACK THIS with all they got! BIG BILLION BREAK on 11.5.2022 there is NO OTHER WAY. This puppy will GROW into a space conqering BEAST!!! ELON to MARS & Beyond we are TWEET away from GREATNES.
Elonmusk
If Elon redefines Twitter, what`s the purpose of DWAC anyways ??I first bough DWAC at $12:
Thinking that Truth Social will take some market capitalization from Twitter and Facebook:
But since Elon Musk wants and most likely Will buy Twitter and enable true free speech on the platform, where Donald Trump won`t get banned that easily, then what is the purpose of DWAC (Truth Social and the rest) anyways???
Ok, let`s say it`s a republican new media platform, but then how you justify the approx. 10 Bil market capitalization at the current price, after the merger???
To be honest, i think this stock could easily go to the $23.50 support and even lower than $10, like most of the SPACs, if they don`t deliver great news for the shareholders.
Since the Musk takeover of Twitter, DWAC has already retraced significantly:
TWTR poison pill "defence"If you haven`t sold TWTR here:
then what you should know:
After buying 9.2% of TWTR shares, Elon Musk wanted to buy Twitter (TWTR) for $43.4bn, $54.20 per share representing a 38% premium to the closing price on 1 April and take the company private.
Elon Musk about Twitter: “potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.”
“However, since making my investment I now realise the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
"My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it.”
TWTR is up only 8% after 8 years of being listed.
I don`t think Jack Dorsey has found the path to profitability, nor that the board works in the interest of the shareholders.
That`s why they went for the poison pill "defence".
I say "defence" as a joke, since the only one defended here are the board members and not the shareholders, which haven`t gained too much from holding the bag anyways.
The poison pill allows investors to buy additional shares of the company’s stock at a discount and therefore dilute the value of each individual share.
That is a viable strategy against an unwanted hostile takeover.
In my opinion, the board members will accept Elon`s proposal and buying the stock now will give you a 17% return.
Poison Pill Explained: Why Elon Wants to Buy TwitterIn this post, I'll explain the ongoing situation with Twitter; how they're preventing Elon from buying the company out, and my thoughts on why Elon wants Twitter so badly.
Twitter's Strategy
- Twitter is using a strategy known as the 'poison pill'.
- This is one of many defensive strategies that boardrooms can take when they're trying to prevent hostile takeovers.
- While the method may vary depending on the deal, the essence of the strategy is simple: make the stock less appealing to the hostile acquirer, and allow opportunities for other shareholders to acquire the stock at a discounted price through the use of call options.
- Netflix (NFLX) successfully used this strategy against Carl Icahn in 2012, when he attempted a hostile acquisition of the company, making it difficult for Icahn to acquire more than 10% of the company without approval from the Netflix board.
- Luckily for Icahn, he made 20x returns on his investment simply from holding Netflix shares for the three years that he attempted a takeover.
- In the case of Elon's acquisition of Twitter, the terms are slightly different.
- Elon offered to buy the entire company for $43B, which is a generous offer of $54.20 per share.
- Twitter's board however, having seen prices once hover above $70, were not happy with Elon's offer, and asked him to join the board with a 14.9% stake limit - Elon refused.
- Twitter emphasized that their poison pill strategy will activate if Elon tries to acquire more than 15% stake in the company, and will remain effective until April 14, 2023.
Twitter Shareholders by Size
- The Vanguard Group, Inc. 10.3%
- Elon Musk 9.2%
- Morgan Stanley Investment Management 8.4%
- BlackRock Fund Advisors 6.5%
- State Street Corp. 4.5%
Why Elon Wants to Buy Twitter
- My thoughts on why Elon is looking to acquire Twitter is as follows:
- The narrative that Elon is pushing as his justification for the purchase is "free speech".
- He has been vocal about Twitter's decision to shut down former US president Donald Trump's account.
- However, I personally believe that there are deeper layers to this matter than just 'free speech', and 'twitter's untapped potential'.
- Tesla currently does not spend a single dime on marketing and advertisement costs.
- Elon dissolved the PR department in 2020, and stated that the capital that was previously used for marketing, will now be reinvested back for R&D.
- Instead, Elon has been using his twitter account as a channel to promote his businesses - not only Tesla, but also SpaceX, SolarCity, and the Boring Company.
- The last time Tesla had a PR department, it spent $70m in marketing and advertisement costs.
- So taking that into account, and considering the value that was created by those costs being reinvested back into R&D, Elon has singlehandedly managed to create hundreds of millions of dollars in value through his twitter account.
- And the risk of him having his twitter account shut down, due to his potential violation of one of their many policies, is huge.
- His acquisition of the company's stake, and taking the company private eliminates this risk for him.
- Put into context, it makes more sense: Elon's $43B offer to buy Twitter is equivalent to someone with a net worth of $1m purchasing a G-wagon for their rental car business.
Conclusion
On one hand, we have Twitter, a company willing to use the poison pill strategy to prevent a hostile acquisition from taking place, and on the other hand, we have Elon Musk, who's trying to take the company private for $43B. I think there are bigger implications to his offer, as we've seen how he was able to connect seemingly unrelated businesses to form a virtuous cycle that would become the pillar of his entire empire. We use electricity generated from SolarCity to power our Tesla cars using solar energy. With the satellites that SpaceX launches, our Tesla cars undergo software updates in real time, and the Boring Company solves traffic jam issues by taking our Teslas through underground tunnels. I'm sure there's room for Twitter to fit into this equation, but I'm not completely sure as to what Elon has on his mind. One thing is for sure: it has more to do with Elon's personal philosophy.
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MULN retracement complete If you haven`t bought the dip on MULN:
Then you should know that the retracement seems to be complete and the stock is ready for another leg up.
You will need to wait for the reversal candle formation, or at least a doji, though.
My next price target is $5.25.
Looking forward to read your opinion about it.
$TWTR$TWTR Apollo Global Management is willing to finance a Twitter buyout, sources say
Bloomberg reported Sunday that Oracle (ORCL) co-founder Larry Ellison and private-equity firm Thoma Bravo could join with Musk and raise up to $50 billion. That’s quite a war chest.
The $50 billion figure implies a much higher price for Twitter stock, about $72 a share. If the $50 billion is for all of Twitter, including, Musk’s existing stake, the implied price is about $65 a share.
SOLANA : Daily TA : 04.18.22 (IO)echnical analysis of #Solana 's chart and its appealing ranges . Let's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.18.2022
⚠️(DYOR)
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Bitcoin 6H TA : 04.17.22 (Update)As you can see, the price is still trading in the 40K support range and the trading volume is very low ! To determine the new trend, we must wait for smart money to enter the market. first major bullish target is $ 42K, and if it breaks , the next target will be in the $ 43,000 to $ 44,800 range. Also, the two most important support levels for Bitcoin will be in the range of $ 38,600 to $ 39,200 and $ 37,000!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.17.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
TWITTER - LongThe bullish impulse from May 2016 formed an Expanding Leading Diagonal for Twitter. According to Elliott Wave Theory, this pattern (occurs as Wave 1 or Wave A) usually dictates the direction of impulse - in this case, to the upside.
As long as we don't break below $13.70, all retracements are considered as Wave 2. Once Wave 2 completes, a more impulsive Wave 3 will ensue - it could already be in the works, considering we've bounced off significantly from the $30 range.
Twitter will probably see ~$140 in the coming years.
$DOGE @elonmusk is buying Twitter...probably nothing...Analyzing $DOGE is like doing Elon Musk analysis. The two are connected and unpredictable.
We can however see that the movement is bullish and the ATH has been running for almost a year (May 8th 2021).
In the $DOGE foundation there are both Musk and Buterin and this coin has yet to take its revenge on the other Dog.
If the rise starts as it seems, I thought about the TP (green) and the SL (orange) reached each step.
The FIB time cycle suggests that something may happen around June 10th, but I think it happens sooner.
And yes! Musk is buying Twitter...probably nothing...
BTCUSDT - Elliot Waves (#5 WAVE NOT YET COMPLETED) - 1Day (2022)Seems to me BTC has done a total of 5 major wave patterns with its recent ATH of 69k being on the last wave projection (5th wave to complete). Whether it bounces from 37k to recent highs (50-67k) or enter bear market for support at 28k area.
DOGE - Time for a correction buddy👇- Btc is bearish
- Trendline is perfect and visible on all timeframes
- There has been many touches
- Price is under vwap
- Elon tweeted but it didn't affect the price
On trendline breakout I plan to open a trade with stoploss behind local minimum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones