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> He will still make half a billion These paper profits are hard for him to realise, since he has to sell 9.2% of Twitter's stock without the price falling. Gi
by chalst 4y ago
> He will still make half a billion
These paper profits are hard for him to realise, since he has to sell 9.2% of Twitter's stock without the price falling. Given the current price depends on his claimed intent to takeover, the market will react swiftly to any evidence that he is in fact reducing his stake.
- aaaaaaaaata 4y ago> Given the current price depends on his claimed intent to takeover Does it? Others have argued there has been no effective "pricing in" of this "intent", due to...nobody thinking it'll happen.
- chalst 4y agoHow do these others explain the bump in stock price that occurred when news of Musk's stake was published?