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Trading/Investing Thread - Page 121

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Mikau313
Profile Joined January 2021
Netherlands230 Posts
November 24 2022 11:54 GMT
#2401
On November 24 2022 19:28 BlackJack wrote:
Show nested quote +
On November 24 2022 16:50 Mikau313 wrote:
On November 24 2022 05:09 BlackJack wrote:
On November 24 2022 01:10 Simberto wrote:
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


Yeah, i don't think i am interested in talking to you anymore. This is not fruitful.


"I can tell everything I need to know about you from the thumbnail of a video that I'm not even going to watch." Also "This is not fruitful."

Yeah, no kidding. Ranting about the thumbnail of a video that you won't even watch and labeling the guy a right-winger doesn't really show any interest in a conversation in the first place.

On November 24 2022 01:18 Mikau313 wrote:
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


If you post videos in lieu of making actual points, then yes you are.

And as Simberto pointed out, that's not how it works here. If you're going to post videos you add a summary what they're saying and why it's relevant.


This whole conversation started from someone posting a video of an Elon Musk hit-piece video without any context. But literally nobody took issue with that so-called rule violation. How surprising.


I see your schtick of ignoring context and misrepresenting what's going on isn't restricted to just the Covid thread.

There is a massive difference between 'just' posting a video, that isn't being used as some kind of support for an argument one way or another, and what MeSaber did. If you post videos because they make your argument for you, you summarize the important points of said video and/or why it's relevant. If you're just posting a video it would still be nice to summarize ofcourse, but it's far less necessary because nobody has to watch the video to keep up with the conversation that's being had.




Manit0u was not 'just' posting a video that wasn't used as some some kind of support for an argument. He was clearing making the argument that Elon Musk is some kind of charlatan and posted the video as his sole point. How is that not obvious for you?

It's universally understood that when you post a video or source you summarize what it contains. That's not something that applies to videos posted mid-conversation and not to videos that begin conversations. That's something you just made up.


Don't you ever get tired of your own mental gymnastics? Seriously, it must be exhausting to live like this.
Manit0u
Profile Blog Joined August 2004
Poland17574 Posts
November 24 2022 16:24 GMT
#2402
On November 24 2022 20:54 Mikau313 wrote:
Show nested quote +
On November 24 2022 19:28 BlackJack wrote:
On November 24 2022 16:50 Mikau313 wrote:
On November 24 2022 05:09 BlackJack wrote:
On November 24 2022 01:10 Simberto wrote:
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


Yeah, i don't think i am interested in talking to you anymore. This is not fruitful.


"I can tell everything I need to know about you from the thumbnail of a video that I'm not even going to watch." Also "This is not fruitful."

Yeah, no kidding. Ranting about the thumbnail of a video that you won't even watch and labeling the guy a right-winger doesn't really show any interest in a conversation in the first place.

On November 24 2022 01:18 Mikau313 wrote:
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


If you post videos in lieu of making actual points, then yes you are.

And as Simberto pointed out, that's not how it works here. If you're going to post videos you add a summary what they're saying and why it's relevant.


This whole conversation started from someone posting a video of an Elon Musk hit-piece video without any context. But literally nobody took issue with that so-called rule violation. How surprising.


I see your schtick of ignoring context and misrepresenting what's going on isn't restricted to just the Covid thread.

There is a massive difference between 'just' posting a video, that isn't being used as some kind of support for an argument one way or another, and what MeSaber did. If you post videos because they make your argument for you, you summarize the important points of said video and/or why it's relevant. If you're just posting a video it would still be nice to summarize ofcourse, but it's far less necessary because nobody has to watch the video to keep up with the conversation that's being had.




Manit0u was not 'just' posting a video that wasn't used as some some kind of support for an argument. He was clearing making the argument that Elon Musk is some kind of charlatan and posted the video as his sole point. How is that not obvious for you?

It's universally understood that when you post a video or source you summarize what it contains. That's not something that applies to videos posted mid-conversation and not to videos that begin conversations. That's something you just made up.


Don't you ever get tired of your own mental gymnastics? Seriously, it must be exhausting to live like this.


Let me quote my own brief summary of the video I posted:


I wonder when will people finally get smart about this person and burst the bubble. Basically everything this guy touches is going bad...


Sure, it doesn't go into every single detail that was in the video (and I don't think I should, someone put a lot of effort to put it together so least I can do is garner them some extra views) but it was I think enough to start a conversation. Seeing how this is the trading/investing thread I assumed that most people would be familiar with Musk's businesses and they're also kind of a hot topic when talking stocks etc. My post was only intended as a conversation starter with the video being there mostly for people not fully familiar with the topic to get up to date quickly if necessary. What followed was people demanding and posting actual details.

It's not the same as making a 2-3 word claim and posting a video that is supposedly supporting it.
Time is precious. Waste it wisely.
MeSaber
Profile Joined December 2009
Sweden1235 Posts
November 24 2022 17:06 GMT
#2403
On November 24 2022 01:18 Mikau313 wrote:
Show nested quote +
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


If you post videos in lieu of making actual points, then yes you are.

And as Simberto pointed out, that's not how it works here. If you're going to post videos you add a summary what they're saying and why it's relevant.


Well i didnt want to reiterate what someone else already pointed out. I could link the text source but that would still require reading. How about not being lazy?

If you really need me to spell it out for you then yeah i guess we cant have a conversation.

That wont make me shutup however as it needs to be told.
-.-
MeSaber
Profile Joined December 2009
Sweden1235 Posts
November 24 2022 17:09 GMT
#2404
On November 24 2022 01:21 KwarK wrote:
Show nested quote +
On November 23 2022 23:52 MeSaber wrote:
On November 23 2022 22:37 Sermokala wrote:
Tesla does not sell millions of vehicles they sell hundreds of thousands of vehicles a year and have had to recall millions this year.


You know that those are over-the-air updates right? No real "recall". https://www.reuters.com/business/autos-transportation/tesla-recalls-nearly-11-million-us-vehicles-update-window-reversing-software-2022-09-22/

""The terminology is outdated & inaccurate. This is a tiny over-the-air software update. To the best of our knowledge, there have been no injuries," he said."


@Kwark - Yes pls do.

On November 23 2022 23:00 Sadist wrote:
All that said,he still appears to be an asshole/troll. Maybe he has been rich and famous for so long that it finally went to his head. It definately seems like we are seeing a lot more wealthy people going off the deepend in the last 10 years. Its kind of interesting hes gone right wing when the right never would have supported his endevours until this whole twitter thing.


Dont you see that he trolls the leftist/woke people? Who try to preserve their little comfy place, ie Twitter.



And if hes already turned around the profits after TWO weeks then its totally insane:


You think paying most of his workforce 3 months severance up front creates profits in the week you do it?


They been paid that for years so yeah, 3 months isnt a lot 😂. Elon is rich so its not a big deal. He got $4B lying around in his pocket waiting to be used.
-.-
Mikau313
Profile Joined January 2021
Netherlands230 Posts
November 24 2022 17:11 GMT
#2405
On November 25 2022 02:06 MeSaber wrote:
Show nested quote +
On November 24 2022 01:18 Mikau313 wrote:
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


If you post videos in lieu of making actual points, then yes you are.

And as Simberto pointed out, that's not how it works here. If you're going to post videos you add a summary what they're saying and why it's relevant.


Well i didnt want to reiterate what someone else already pointed out. I could link the text source but that would still require reading. How about not being lazy?

If you really need me to spell it out for you then yeah i guess we cant have a conversation.

That wont make me shutup however as it needs to be told.


You were the one being lazy by not doing summarizing your video source as per the forum rules.

You don't get to dump a bunch of videos in here in lieu of making an actual point and then get indignant when people call you on your shit.


MeSaber
Profile Joined December 2009
Sweden1235 Posts
November 24 2022 17:14 GMT
#2406
On November 24 2022 10:03 Turbovolver wrote:
Did bro seriously link TheQuartering as evidence rofl


Yes instead of link the other guys Twitter page. It was easier to follow. Its not the YT guys opinions but the Twitter guy who made assumptions on upcoming net profit.

Its not facts by any means but so isnt anything else said in here that Twitter is goin bankrupt. Pure speculations.
-.-
MeSaber
Profile Joined December 2009
Sweden1235 Posts
November 24 2022 17:26 GMT
#2407

I watched the Law video too. Musk seems to have gotten in way above his head...

Thats how Musk operates and its working just fine. Doubters to the left and believers to the right. 🤷

I believe in Musk and i also find it highly amusing to follow and also to see all the anger it instantiates. Everyone got an opinion and feel entitled to steer the ship even though they have nothing to do with it.

Sit back, relax and watch it unfold. Thats how it should be done. (And what will happen too)

If Twitter for whatever reason goes down its not a big deal, it just proves we cant have nice things in the world.
-.-
MeSaber
Profile Joined December 2009
Sweden1235 Posts
Last Edited: 2022-11-24 17:38:37
November 24 2022 17:29 GMT
#2408
On November 25 2022 02:11 Mikau313 wrote:
Show nested quote +
On November 25 2022 02:06 MeSaber wrote:
On November 24 2022 01:18 Mikau313 wrote:
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


If you post videos in lieu of making actual points, then yes you are.

And as Simberto pointed out, that's not how it works here. If you're going to post videos you add a summary what they're saying and why it's relevant.


Well i didnt want to reiterate what someone else already pointed out. I could link the text source but that would still require reading. How about not being lazy?

If you really need me to spell it out for you then yeah i guess we cant have a conversation.

That wont make me shutup however as it needs to be told.


You were the one being lazy by not doing summarizing your video source as per the forum rules.

You don't get to dump a bunch of videos in here in lieu of making an actual point and then get indignant when people call you on your shit.




Using forum rules as an argument is kinda weak too. How about just watch it and be done with it..

Edit: What was my shit btw? Where is it shit, point to the shit plz.
-.-
KwarK
Profile Blog Joined July 2006
United States43403 Posts
November 24 2022 18:53 GMT
#2409
On November 25 2022 02:09 MeSaber wrote:
Show nested quote +
On November 24 2022 01:21 KwarK wrote:
On November 23 2022 23:52 MeSaber wrote:
On November 23 2022 22:37 Sermokala wrote:
Tesla does not sell millions of vehicles they sell hundreds of thousands of vehicles a year and have had to recall millions this year.


You know that those are over-the-air updates right? No real "recall". https://www.reuters.com/business/autos-transportation/tesla-recalls-nearly-11-million-us-vehicles-update-window-reversing-software-2022-09-22/

""The terminology is outdated & inaccurate. This is a tiny over-the-air software update. To the best of our knowledge, there have been no injuries," he said."


@Kwark - Yes pls do.

On November 23 2022 23:00 Sadist wrote:
All that said,he still appears to be an asshole/troll. Maybe he has been rich and famous for so long that it finally went to his head. It definately seems like we are seeing a lot more wealthy people going off the deepend in the last 10 years. Its kind of interesting hes gone right wing when the right never would have supported his endevours until this whole twitter thing.


Dont you see that he trolls the leftist/woke people? Who try to preserve their little comfy place, ie Twitter.

https://www.youtube.com/watch?v=nZpebaZ8qxc

And if hes already turned around the profits after TWO weeks then its totally insane:

https://youtu.be/Z6Ed-f69IgM?t=237

You think paying most of his workforce 3 months severance up front creates profits in the week you do it?


They been paid that for years so yeah, 3 months isnt a lot 😂. Elon is rich so its not a big deal. He got $4B lying around in his pocket waiting to be used.

Your claim was that paying 3 months of payrolls up front increases the profits in the weeks you do it. It’s false. I’m an accountant, I’ve prepared income statements, I’m qualified to make the assertion that increasing expenses without increasing revenues does not increase profits.
ModeratorThe angels have the phone box
BlackJack
Profile Blog Joined June 2003
United States10574 Posts
November 24 2022 19:46 GMT
#2410
On November 24 2022 20:54 Mikau313 wrote:
Show nested quote +
On November 24 2022 19:28 BlackJack wrote:
On November 24 2022 16:50 Mikau313 wrote:
On November 24 2022 05:09 BlackJack wrote:
On November 24 2022 01:10 Simberto wrote:
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


Yeah, i don't think i am interested in talking to you anymore. This is not fruitful.


"I can tell everything I need to know about you from the thumbnail of a video that I'm not even going to watch." Also "This is not fruitful."

Yeah, no kidding. Ranting about the thumbnail of a video that you won't even watch and labeling the guy a right-winger doesn't really show any interest in a conversation in the first place.

On November 24 2022 01:18 Mikau313 wrote:
On November 24 2022 01:04 MeSaber wrote:
On November 24 2022 00:41 Simberto wrote:
I am pretty sure that one of the core rules of discussion on this forum is that posting a youtube video and demanding people watch it is not a valid argument. I will not watch random videos you think are important.

And if the Thumbnail has Elon Musk doing a winner pose, Trump looking smug, "MASSIVE WIN" and a bunch of other stupid imagery on it, then yes, i can comment on just how stupid that looks from the thumbnail alone. And if you think that that is a reasonable video that validly explains your position and argument, that alone showcases where you are coming from with much more clarity than any video could. It is also a very clear indication that you are indeed pretty rightwing, because no one who is not crazy rightwing thinks that Trump looking smug is a good person to use in your argument for anything . Trump basically has negative credibility in all but the most crazy rightwing circles.


The thumbnails could just as well been black and you would have commented anyway Lul. You just have nothing fancy to say and thats a shame.

Keep being "that guy" it suits you. If you wanna be blind to whats going on thats your choice.

Oh and i never told you to watch any vids, but you assume so, clear difference.


If you post videos in lieu of making actual points, then yes you are.

And as Simberto pointed out, that's not how it works here. If you're going to post videos you add a summary what they're saying and why it's relevant.


This whole conversation started from someone posting a video of an Elon Musk hit-piece video without any context. But literally nobody took issue with that so-called rule violation. How surprising.


I see your schtick of ignoring context and misrepresenting what's going on isn't restricted to just the Covid thread.

There is a massive difference between 'just' posting a video, that isn't being used as some kind of support for an argument one way or another, and what MeSaber did. If you post videos because they make your argument for you, you summarize the important points of said video and/or why it's relevant. If you're just posting a video it would still be nice to summarize ofcourse, but it's far less necessary because nobody has to watch the video to keep up with the conversation that's being had.




Manit0u was not 'just' posting a video that wasn't used as some some kind of support for an argument. He was clearing making the argument that Elon Musk is some kind of charlatan and posted the video as his sole point. How is that not obvious for you?

It's universally understood that when you post a video or source you summarize what it contains. That's not something that applies to videos posted mid-conversation and not to videos that begin conversations. That's something you just made up.


Don't you ever get tired of your own mental gymnastics? Seriously, it must be exhausting to live like this.


Lmfao… oh the irony
Slaughter
Profile Blog Joined November 2003
United States20254 Posts
November 24 2022 19:46 GMT
#2411
On November 25 2022 02:26 MeSaber wrote:
Show nested quote +

I watched the Law video too. Musk seems to have gotten in way above his head...

Thats how Musk operates and its working just fine. Doubters to the left and believers to the right. 🤷

I believe in Musk and i also find it highly amusing to follow and also to see all the anger it instantiates. Everyone got an opinion and feel entitled to steer the ship even though they have nothing to do with it.

Sit back, relax and watch it unfold. Thats how it should be done. (And what will happen too)

If Twitter for whatever reason goes down its not a big deal, it just proves we cant have nice things in the world.


If your looking to invest you should be doing more then just watching it play out. If you blindly believed in Musk and bought Tesla a year back you would be down close to 50%. Doing DD and being skeptical because of the underlying strengths of the company isn't as advertised from the general internet consensus (along with the fact that the price seems more tied to the perception of Musk then the actual company, at least compared to other companies)
Never Knows Best.
KwarK
Profile Blog Joined July 2006
United States43403 Posts
November 24 2022 20:43 GMT
#2412
The banks literally can’t sell Twitter’s secured debt due to how little faith the markets have in Twitter. There is a measurable way of assessing confidence in Musk’s leadership and confidence is low.
ModeratorThe angels have the phone box
Razyda
Profile Joined March 2013
896 Posts
November 24 2022 21:54 GMT
#2413
On November 25 2022 05:43 KwarK wrote:
The banks literally can’t sell Twitter’s secured debt due to how little faith the markets have in Twitter. There is a measurable way of assessing confidence in Musk’s leadership and confidence is low.


From what I read it seems that they only tested the market and received offers as low as 60 cents a dolar

https://www.theatlantic.com/ideas/archive/2022/11/elon-musk-twitter-banks-loans/672258/

Thats not exactly "can't sell".


As for Twitter itself I think that if it holds the traffic (and there doesnt seem to be reason why it shouldn't) then it will be fine and advertisers will be nearly guarantee to return.
FueledUpAndReadyToGo
Profile Blog Joined March 2013
Netherlands30548 Posts
November 24 2022 22:09 GMT
#2414
The whole twitter buyout feels super sinister to me. Destroy thousands of jobs because you added billions of useless bank debt to buy the company, that needs to be payed off. Security teams gone, moderation teams gone, foreign interference detection teams gone.

Now Musk holds 'popular vote' polls on his own feed, which, obviously will be mostly his fanboys voting. And he uses it to unban insurrectionist Trump and now soon every banned racist neonazi will be given 'amnesty'. This week Musk is exclusively replying to and amplifying rightwing propagandists , joining in the worst 'BLM/antifa/The Left/woke' hatred, and attacking media outlets like he's Trump himself.


Neosteel Enthusiast
Gorsameth
Profile Joined April 2010
Netherlands22029 Posts
November 24 2022 22:19 GMT
#2415
On November 25 2022 07:09 FueledUpAndReadyToGo wrote:
The whole twitter buyout feels super sinister to me. Destroy thousands of jobs because you added billions of useless bank debt to buy the company, that needs to be payed off. Security teams gone, moderation teams gone, foreign interference detection teams gone.

Now Musk holds 'popular vote' polls on his own feed, which, obviously will be mostly his fanboys voting. And he uses it to unban insurrectionist Trump and now soon every banned racist neonazi will be given 'amnesty'. This week Musk is exclusively replying to and amplifying rightwing propagandists , joining in the worst 'BLM/antifa/The Left/woke' hatred, and attacking media outlets like he's Trump himself.


All it will do it cause governments, like the EU, to force regulation upon Twitter. And they will be a lot stricter then Twitter itself was.
It ignores such insignificant forces as time, entropy, and death
KwarK
Profile Blog Joined July 2006
United States43403 Posts
November 24 2022 22:43 GMT
#2416
On November 25 2022 06:54 Razyda wrote:
Show nested quote +
On November 25 2022 05:43 KwarK wrote:
The banks literally can’t sell Twitter’s secured debt due to how little faith the markets have in Twitter. There is a measurable way of assessing confidence in Musk’s leadership and confidence is low.


From what I read it seems that they only tested the market and received offers as low as 60 cents a dolar

https://www.theatlantic.com/ideas/archive/2022/11/elon-musk-twitter-banks-loans/672258/

Thats not exactly "can't sell".


As for Twitter itself I think that if it holds the traffic (and there doesnt seem to be reason why it shouldn't) then it will be fine and advertisers will be nearly guarantee to return.

Are you arguing that 60 cents on the dollar for secured debt isn’t a catastrophe? The market thinks Twitter, recently bought for $40b, isn’t good for a valuation of $10b.
ModeratorThe angels have the phone box
Razyda
Profile Joined March 2013
896 Posts
November 24 2022 23:13 GMT
#2417
On November 25 2022 07:43 KwarK wrote:
Show nested quote +
On November 25 2022 06:54 Razyda wrote:
On November 25 2022 05:43 KwarK wrote:
The banks literally can’t sell Twitter’s secured debt due to how little faith the markets have in Twitter. There is a measurable way of assessing confidence in Musk’s leadership and confidence is low.


From what I read it seems that they only tested the market and received offers as low as 60 cents a dolar

https://www.theatlantic.com/ideas/archive/2022/11/elon-musk-twitter-banks-loans/672258/

Thats not exactly "can't sell".


As for Twitter itself I think that if it holds the traffic (and there doesnt seem to be reason why it shouldn't) then it will be fine and advertisers will be nearly guarantee to return.

Are you arguing that 60 cents on the dollar for secured debt isn’t a catastrophe? The market thinks Twitter, recently bought for $40b, isn’t good for a valuation of $10b.


Okay few things:
As low as 60 means I believe that this were the lowest offers.
"Catastrophe" and "cant sell" are two different things. Not every investment bring profits, sometimes you just have to cut your loses.
If they were actually convinced that Twitter is going bankrupt they would sell for 60 and added big "thank you" card gratis.
Manit0u
Profile Blog Joined August 2004
Poland17574 Posts
November 24 2022 23:22 GMT
#2418
On November 25 2022 06:54 Razyda wrote:
As for Twitter itself I think that if it holds the traffic (and there doesnt seem to be reason why it shouldn't) then it will be fine and advertisers will be nearly guarantee to return.


I'm not sure it'll be fine. Even if it holds the traffic and advertisers return Twitter failed to turn profit 8 out of 10 years of its existence and past 2 years it was a total loss of $1.6 billion. Without some major overhauls (and while firing half of the workforce is a major overhaul it's not the kind I'm talking about) it is simply unsustainable. Right now there doesn't seem to be anything on the horizon that could boost anyone's confidence in the project, especially if even Musk says bankruptcy is on the table (not something you want to hear from someone who just acquired the business).
Time is precious. Waste it wisely.
KwarK
Profile Blog Joined July 2006
United States43403 Posts
November 24 2022 23:26 GMT
#2419
On November 25 2022 08:13 Razyda wrote:
Show nested quote +
On November 25 2022 07:43 KwarK wrote:
On November 25 2022 06:54 Razyda wrote:
On November 25 2022 05:43 KwarK wrote:
The banks literally can’t sell Twitter’s secured debt due to how little faith the markets have in Twitter. There is a measurable way of assessing confidence in Musk’s leadership and confidence is low.


From what I read it seems that they only tested the market and received offers as low as 60 cents a dolar

https://www.theatlantic.com/ideas/archive/2022/11/elon-musk-twitter-banks-loans/672258/

Thats not exactly "can't sell".


As for Twitter itself I think that if it holds the traffic (and there doesnt seem to be reason why it shouldn't) then it will be fine and advertisers will be nearly guarantee to return.

Are you arguing that 60 cents on the dollar for secured debt isn’t a catastrophe? The market thinks Twitter, recently bought for $40b, isn’t good for a valuation of $10b.


Okay few things:
As low as 60 means I believe that this were the lowest offers.
"Catastrophe" and "cant sell" are two different things. Not every investment bring profits, sometimes you just have to cut your loses.
If they were actually convinced that Twitter is going bankrupt they would sell for 60 and added big "thank you" card gratis.

Musk paid $44b for Twitter. Twitter can't sell a $10b secured bond for close to $10b which means the market doesn't think that Twitter is worth $10b a month after he paid $44b for it.

This isn't fine. But sure, let's just call it a catastrophe. The point is that the market has looked at Twitter under his stewardship and concluded that they're not worth close to $10b which is weird when he just paid $44b for it before it was under his stewardship.
ModeratorThe angels have the phone box
BlackJack
Profile Blog Joined June 2003
United States10574 Posts
November 24 2022 23:58 GMT
#2420
There's no need to quibble over every minutiae. It's clear Kwark's post was to show that their is low confidence in Twitter. The banks being unable to offload the debt without taking massive losses to the tune of 60 cents on the dollar makes it an obviously true statement. Arguing over whether the banks "literally can't sell" the debt is so trivial. Especially since the word literally can be used informally for things that aren't actually true.
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