Elon Musk buys and ruins Twitter

[aguero93:20]

Surprised Sugar's heart is still ticking the old ****

Life isn't fair.

 

[SWP's back]

I see this degenerate, midget racist is climbing up Elon's arse

Weird he says that a month or two after he told the world he was losing millions as a commercial property landlord due to people working from home.

Dwarf dinosaur ****.

 

[SWP's back]

Lord Sugar. What a pretentious **** of a name.

I'm changing my name to Prince Minge.

I like it

 

[Barcon]

I like it

You have impeccable taste.

 

[domalino]

I see this degenerate, midget racist is climbing up Elon's arse

Ironically Elon’s take over if Twitter is probably the biggest financial mistake anyone has made since Alan Sugar told a young Bill Gates he didn’t want to invest in Microsoft because the real money in computers was going to be hardware.

 

[BlueMoonAcrossThePond]

I had no idea things were this bad at Twitter.

 

[SWP's back]

Anyone still wanting to get in on the bargain price of $190 for Tesla (down from $220 two weeks ago, $400 six months ago…

 

[BlueHammer85]

I see this degenerate, midget racist is climbing up Elon's arse

 

[SWP's back]

Musk getting owned on Twitter by his own fact checkers will never not be pleasing.

 

[Gareth Barry Conlon]

Anyone still wanting to get in on the bargain price of $190 for Tesla (down from $220 two weeks ago, $400 six months ago…

I posted this last Monday.

Tesla was a stock attractive to both tech funds and eco funds. These are the two big growth areas of the last 10 years. That is possibly why the stock went from $2 to $25 a share in the 10 years up to Dec 2019. It did this without ever making a profit - a solid performance.

Then it starts getting attention of online / social media commentators who loved banging on about how much money they are making - mostly with crypto. These people are professional hypers who are basically running a pump and dump game. These types and Musk's bizarre behaviour and Tesla making some modest profit were a potent mix. The stock went from $25 in dec 2019 to over $400 within a year.

Lots of tech companies get overvalued but Tesla was massively overvalued. Its starting to correct now as the tech/crypto bubble has burst. The stock is $207 today - I think sub $100 could be possible within the next 12 months.

Given what has happened in the last 5 days I think sub €50 maybe.