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>twitters stock was trading for $45 a charge before any rumor of acquisition What is this, alternate reality land? It was trading for $16 (albeit this was a lo
by wredue 3y ago
>twitters stock was trading for $45 a charge before any rumor of acquisition
What is this, alternate reality land? It was trading for $16 (albeit this was a low point) a share when Musk started his pump and dump scheme, which rocketed the value to 45 a share, which is the point that Musk decided he doesn’t want it and also began proceedings to dump stock.
There were ATH in the $45 range, but TWTR was on a clear downward trend.
- mikeyouse 3y agoYou should maybe look at a stock chart instead of making silly, easily disprovable statements from memory like "ATH in the $45 range"? It nearly reached $80 in 2021... It spent several months above $60/share. https://imgur.com/a/VsoZ7mD https://imgur.com/a/VsoZ7mD I don't have quick access to share prices older than Jan 1st 2019 - but from that date through the date of Elon's first share purchase on Jan 31st, 2022 - Twitter's average price was was $44/share.
- wredue 3y agoI only went back enough to look at the Musk nonsense. So I guess I should have worded “the highs in the several months leading up to twitter were around $45, but twitter tanked and was still trending down at $16 when musk started attempting to manipulate the market”. We aren’t talking about when musk first purchased shares. We’re talking about when twitter was trading at $16 when musk attempted to then manipulate the stock market by stating he’d buy twitter, which shot twitter back up.