Elon Musk says Twitter deal 'on hold', share price plunges

[iMore.com]

Elon Musk says his deal to buy Twitter is "temporarily on hold" following Twitter's revelation that fewer than 5% of its users were spam bots or fake accounts. Twitter shares are down more than 17% in pre-market trading.

Full story from the iMore Blog...

 

[grover5]

Elon Musk says his deal to buy Twitter is "temporarily on hold" following Twitter's revelation that fewer than 5% of its users were spam bots or fake accounts. Twitter shares are down more than 17% in pre-market trading.

Full story from the iMore Blog...

Elon is not the brightest bulb.

 

[Annie_M]

This is giving me a headache!

 

[Just_Me_D]

Elon is not the brightest bulb.

He’s not the dimmest bulb either.

 

[Wotchered]

I am sure somebody kind will tell me why Musk would call a hold because less than 5% of its subs are fake ? And yes I do understand the more primitive forms of market manipulation.

 

[FFR]

I am sure somebody kind will tell me why Musk would call a hold because less than 5% of its subs are fake ? And yes I do understand the more primitive forms of market manipulation.

I believe he calls shenanigans on the quoted number.

 

[Wotchered]

I should think -5% would be a good number ! Maybe he wants Twitter to prove it’s under 5% a task I believe most social networks could/would not want to attempt !

 

[grover5]

I should think -5% would be a good number ! Maybe he wants Twitter to prove it’s under 5% a task I believe most social networks could/would not want to attempt !

He didn’t do his due diligence. He’s not too bright.

 

[Tartarus]

He didn’t do his due diligence. He’s not too bright.

I really really hope you’re joking.

 

[grover5]

I really really hope you’re joking.

I am not. He didn’t do his due diligence and in much of the tech community he is generally viewed as not the brightest. He is entitled though and that seems to work for him at times. Not this time though.

 

[Tartarus]

I am not. He didn’t do his due diligence and in much of the tech community he is generally viewed as not the brightest. He is entitled though and that seems to work for him at times. Not this time though.

You’re mistaking his manipulation and politics for stupidity.
You’re taking the bait.

 

[grover5]

You’re mistaking his manipulation and politics for stupidity.
You’re taking the bait.

Meh. He’s not very smart.