4 ms·
As I said in a previous thread, if this were true, the stock price would be higher. Options premiums would be much higher. They are not. The market already kn
by icedchai 4y ago
As I said in a previous thread, if this were true, the stock price would be higher. Options premiums would be much higher. They are not. The market already knows: he is not buying Twitter for 54.20.
- roflyear 4y agoMarket is not always rational. Also it could take years and years for the deal to go through. It would require Twitter to sue musk and everyone to come to some kind of settlement. That settlement would likely be less than the price but not much less. Maybe a few percent less. It is also Musk. People know he's insane so that is an additional hit to the price. They know he'll do anything to get out of the deal. Doesn't mean he will.
- icedchai 4y agoIf you really believe the deal will go through as written, buy calls a couple years out. Anything is possible.
- roflyear 4y agoTrue. I am not sure I really believe that. I think that is why the price is lower. My head knows the deal should go through - but I also know crazier things have happened.