What does the future hold for Donald Trump? - threadbans in OP

Quin_Dub · 13-04-2022 5:04pm

https://www.boards.ie/discussion/comment/118921916#Comment_118921916

Musk and the SEC have a long history of him doing things on Twitter when he shouldn't and them getting annoyed by it.

But this time it isn't the SEC doing the complaining, it's other Twitter investors.

They aren't specifically going after him for not declaring by the deadline. They are suing him because when he announced the purchase the stock-price shot up so the claim is that anyone that sold Twitter stock during the timeframe from when he should have gone public to when he actually did were financially impacted negatively

If it was the SEC it might be another slap on the wrist that Musk would ignore , but this could cost him real money (relatively speaking)

TheIrishGrover · 13-04-2022 9:40pm

https://www.boards.ie/discussion/comment/118921916#Comment_118921916

But... But I thought he was joining to fight for Truth (not truth social), Justice (GOP Justice, you know, child brides, owning women's bodies, Guns Guns Guns. You can have all the guns you want as long as you send thoughts and prayers from your minds to families after the monthly school shooting, Remember, Jesus guns babies) and The American Way (Again, GOP way. Hate speech, child brides, homophobia, racism, hatred of America, support of dictatorships, sexual assault, election fraud. You know, GOP BAU).... I thought this multi billionaire tycoon was buying shares in a huge Social Media company to stick it to.... Uh.... Huge Social Media companies. I thought he was going to reinstate Trump..... I can't believe that dog in the street lied to me.

He was only in it to make MONEY!!!!???? But the dog in the street...... I am shocked. SHOCKED I say.

Edit: Typo

duploelabs · 14-04-2022 9:44am

More documents released to the Jan 6th commission

MisterAnarchy · 14-04-2022 12:15pm

BREAKING: Elon Musk has offered to buy 100% of Twitter for $54.20/share. That's an 18% premium to yesterday's closing price.

The Donald is coming home.

extra gravy · 14-04-2022 12:18pm

Trump supporters really do get easily excited.

duploelabs · 14-04-2022 12:21pm

https://www.boards.ie/discussion/comment/118925727#Comment_118925727

If you'd a binary choice, would you prefer trump on twitter or in the white House

Penn · 14-04-2022 12:35pm

https://www.boards.ie/discussion/comment/118925737#Comment_118925737

Amazing how they didn't get as excited about Trump's very own social media platform, created pretty much especially for him. Probably because since Trump's own team made it, they knew it was going to end up being a failure.

Regardless, most people, as stated several times here, expect Trump to have been let back on Twitter if he announces he's running in 2024 irrespective if Musk was on the board or if he owns Twitter outright. Trump being allowed back on Twitter was already pretty much inevitable. The only thing likely to prevent it is if Trump ends up facing any kind of charges which would prevent him from running.

But again, it's funny to see Trump being at the mercy of someone far richer than he is. Trump brought lawsuits against Twitter, and then tried to build his own Twitter competitor and failed bigly. Musk just offered to buy Twitter outright.

salmocab · 14-04-2022 12:36pm

Big tech to the rescue

TheIrishGrover · 14-04-2022 1:05pm

Why would Musk want to buy Twitter? According to truth social CEO, it's a wasteland.....

Maybe he DOES want to reinstate trump and have it descend into a cesspit of hate, lies and litigation. I'll ask a dog, the next time I see one.

I suppose trump's klan will take this a win.... That a multi-billionaire had to take over a company in order to let trump post again after his latest business failure.

What a win!!

They can then all rally around him and cheer on Putin and his invasion. Laugh and cheer as the invasion kills women and children because trump and fox think it's the best porn ever: A trump/fox assisted war on Biden's watch. A whole big circle-jerk.

I am actually genuinely interested to see how this goes. Both in the short term and the long term.

Actual tangentially-related question(s) here. Unrelated to party politics:

So, Musk has 9% share at the moment. Let's say he bought them at 40 dollars a share. He now announces that he will pay 54 dollars a share or something. All of a sudden people start clamouring for Twitter shares to make some quick cash. Obviously They'd only make money if they bought for under 54 dollars.

So the price goes up to 50 dollars a share. I'm assuming it would be illegal for him to sell these shares (After making a 25% profit) and then saying "Nah, couldn't be arsed". I would imagine this would be considered insider trading or some such. I assume this would be illegal and he would be fined... But I'm also assuming that his accounting team will have fudged the numbers so that the fine would be a fraction of what he made.

TheIrishGrover · 14-04-2022 1:08pm

TLDR: Still all about the money and not about saving trump's ass. And if it IS about saving trump's ass, what a pathetic "win" for the ~~white-hoods~~... I mean red-hats.

everlast75 · 14-04-2022 1:25pm

https://www.boards.ie/discussion/comment/118925737#Comment_118925737

You see, Trump gives out about people they don't like. They think people they don't like then get wound up and in an extremely juvenile way, chuckle away to themselves.

That's all he is to them. They couldn't give two sh1ts about policy, criminality, social or political norms, multiple political or business failures, loyalty or decency.

He tries to "own the libs" and therefore, that's their guy.

Pretty pathetic really.

Quin_Dub · 14-04-2022 1:25pm

This is another Elon Musk "Pump and Dump" activity. Nothing more , nothing less.

No way this gets approved (either by the board or the SEC) so he buys a bunch of stock ,or already has and the price spikes in anticipation .He's already made ~25% from his original 9% investment so if he buys a bit more on the upswing created by this kite-flying exercise he gets even more profit and then he just cashes out claiming that the board "lacked vision" or something.

Musk adds a few more billions to his bank balance and Trump still isn't back on Twitter.

Quin_Dub · 14-04-2022 1:30pm

Just as a thought , Musk has probably made more profit in the last few weeks from Twitter stock on the off-chance that it might lead to Trump being allowed back than Trump has made in his entire ~50 year business career.

MisterAnarchy · 14-04-2022 4:06pm

I’m going to leave Twitter if Elon Musk takes over is the new I’m going to move to Canada if Trump wins.

TheIrishGrover · 14-04-2022 4:07pm

https://www.boards.ie/discussion/comment/118927095#Comment_118927095

That'll show 'em...

TheIrishGrover · 14-04-2022 4:09pm

Well according to truth social CEO, it's a wasteland anyway so... Who are we to argue with the CSO of a trump org?

Penn · 14-04-2022 4:11pm

If Musk buys Twitter and allows Trump back on, I'm going to join a social media site that Trump never uses; Truth Social.

MisterAnarchy · 14-04-2022 4:20pm

https://www.boards.ie/discussion/comment/118925756#Comment_118925756

On Twitter.

I couldnt take another 4 years of him in office.

He'd be on the news every day, every story would revolve around him, it became unbearable in the end of his last term. You'd turn on the news and it was Trump this, Trump that, it was incessant.

He is too old now anyway, need younger blood.

Quin_Dub · 14-04-2022 4:46pm

https://www.boards.ie/discussion/comment/118927119#Comment_118927119

Musk has already essentially said that he's not going to be buying it , it's a scam.

In a letter to Bret Taylor, Twitter’s chair, Musk said the site was not thriving as a company or a tool for improving freedom of speech, and “needs to be transformed as a private company”.

Musk, who has more than 80 million followers on Twitter, said if his offer was not accepted he would “reconsider my position as a shareholder” as he did not have “confidence in [Twitter’s current] management”.

“This is not a threat,” he added. “It’s simply not a good investment without the changes that need to be made.”

So - Musk wants a "free for all" on Twitter allowing anyone to post anything in the name of Free-Speech , interestingly enough he's pretty handy with the old "block user" feature when he doesn't like what people are saying about him it seems . So it sounds more like he's more interested in "freedom to do what I want" than actual freedom of speech to be honest.

ANYONE who has ever been involved in trying to run/moderate any kind of social platform (whether that's Twitter or Boards.ie or anything else) knows that it is simply not possible to run a platform of that kind without some level of rules and moderation and the ability to censure/ban people for being dicks - Without that , the place becomes an absolute **** show overnight followed by endless lawsuits for libel.

Musks offer is a non-starter and everybody knows it , well everybody accept all the gullible day traders that are going to be giving all their money to Musk over the next week or so before the stock drops back to "Pre-Musk" levels as he cashes out.

Musk isn't buying it , but he has opened the door to every other major tech company thinking about buying it.

You can guarantee that Apple and Google (among others )are both thinking about if they'd get away with buying it outright.

TheIrishGrover · 14-04-2022 5:10pm

https://www.boards.ie/discussion/comment/118927261#Comment_118927261

.....Without that , the place becomes an absolute **** show overnight followed by endless lawsuits for libel.

This. Yep. It is like that scene in Fight Club where Norton explains if a car company does a recall.

Social Media moderation:

A: How much money will you make by NOT moderating?

B: How much will you be sued for (For Libel/Defamation/Hate Speech/whatever)?

C: How much will you lose due to reputational damage of B (Relocating to different platform, advertising revenue loss etc)?

If A> (B+C) then they will not moderate. If A< (B+C) then they WILL moderate.

It's a business decision.

Do you HONESTLY think that Twitter would put themselves in a position to LOSE money in order to be a platform for unmoderated speech? From ANYONE (Trump, Clinton, Obama, Giuliani, Flying Spaghetti Monster?)?

Tippex · 14-04-2022 5:22pm

https://www.boards.ie/discussion/comment/118927166#Comment_118927166

I seen a snippet of commentary last night of a CNN panelist saying that it may be a lot safer to have Trump on Twitter as what he says is open to everyone but currently, he is very quiet (in MSM as they are not actively reporting on him) and he is probably more dangerous currently than he would be out in the open on all the social media platforms (there is certainly a degree of truth to these comments).

Quin_Dub · 14-04-2022 7:32pm

https://www.boards.ie/discussion/comment/118927361#Comment_118927361

The Twitter board/shareholders will reject the deal pretty much out of hand for a number of reasons.

The Twitter stock was above $70 not too long ago so they'll be thinking "why would we take that kind of discount from a recent high?"

They are still getting dividends , so they'd be giving those up for a potential loss depending on when they bought the stock.

And , most importantly - They know he's not actually serious about this whatsoever.

Now - Mark Cuban made the point and he's absolutely correct , every single Tech Company on earth has now rapidly started working on finding out if they could get a Twitter buy-out past the various Anti-Trust laws in the US and the EU , because they know that 10% of Twitter stock is about to hit the market when Musk offloads in the next week or so.

https://www.boards.ie/discussion/comment/118927414#Comment_118927414

I'd disagree on that point.

Trump talking to people behind closed doors is irrelevant , he has zero attention span so any "plotting and scheming" is being done entirely without him save for him popping in to spout some nonsensical tripe whilst claiming it's the best idea in the history of ideas and all the others at the meeting saying "Excellent Idea boss , we'll get right on it" knowing full well that he'll forget every word 2 seconds later. So , those schemes and conversations are happening whether he's on twitter or not.

Him on twitter gives him a platform to lie to low-information voters like he did in the 5+ years before his ban. Keep him off, permanently.

Overheal · 14-04-2022 7:54pm

https://www.boards.ie/discussion/comment/118927261#Comment_118927261

Confirmed, Musk is just pump-and-dumping the stock:

https://www.mediaite.com/news/elon-musk-not-sure-ill-actually-be-able-to-buy-twitter/

He sent the stock up this morning, and down this afternoon.

Detritus70 · 15-04-2022 9:38am

If Trump is really back on Twitter before the year is out, I will pay 100 real moneybucks to a certain poster's charity of choice under the condition that they will do likewise if he's not.

Let's see, for some reason my bets are never taken, which is strange because it's always a 100% shoe-in according to Trump's fanbois.

Brian? · 15-04-2022 11:57am

https://www.boards.ie/discussion/comment/118929831#Comment_118929831

I’ll throw another 100€ in myself

Faugheen · 15-04-2022 1:09pm

https://www.boards.ie/discussion/comment/118919300#Comment_118919300

He got all of those votes... and he still got wallopped.

That's quite a big loser.

Also, he hasn't shut about it ever since, making up all sorts of nonsense about fraud and robbing his supporters who follow him so blindly. It's been nearly 18 months since he lost the election and he still maintains he was cheated.

The biggest loser.