$TWTR. Hear me out ๐งต. Please retweet. Musk had bought shares from Jan 31st to April 1st. I'm sure his average cost is much lower. At worst his average is 40.96 high of that period. He has roughly 73.5M shares. Now he has buyer's remorse and wants to use "Lemon Law" and back off.
I'm expecting $SPY $430s by Mid/late August. Last time $SPY was $430s - April 25th to May 5th. And $TWTR at it's high same time $51.62. I suspect Elon is going to perfectly time and dump some of $TSLA and all his 73.5M of $TWTR when $SPY reaches 430s and $TWTR close to $50.
But what if his average is actually close to like $35 - 2.58B? He can use his 73.5M shares of $TWTR to sell at high of the next rally, let's say $50 - 3.68B. He can actually get his initial investment back AND cover his $1B fine for the deal. Difference is roughly - 1.1B.
There were days when $TWTR even traded $32s many days. What if his average is lower than $35? Then he will actually make a profit of at least 150M after covering his initial investment, and covering his $1B fine.
I am expecting $SPY $SPX $ES to rally to $430s by mid/late August. And other stocks to also rally to price ranges they were at last around April 25th-May 5th. $TSLA was close to 875-900 during that time. And I am expecting $SPY will make lower lows $350s-320s until end of 22'.
So this gives Elon the best opportunity to sell more underperforming $TSLA before an economic downturn and also sell all of $TWTR while covering his initial investment and $1B fine, and maybe even profit some or cover his legal fees. ๐ง๐ค๐คฏ. Please ๐ follow/retweet/share.
#ELON and his $TWTR 73.2M stake average is ~$36.157. $TWTR high today around $41.5. His initial is up +438M or so. Don't you think $TWTR can go up during this ๐ป market rally $SPY $430 & help him get out of $TWTR and his $1B fine? Even some $TSLA. ๐๐งต
If he thinks recession is coming, what's stopping him from dumping some $TSLA during this ๐ป market rally, and profit from his $TWTR stake average ~$36 & cover his $1B $TWTR fine. ๐ค $1B is tax deductible? . $TWTR gets $1B, downturn comes, & Elon renegotiates at a lower price.
$TSLA 3:1 stock split vote is 8/3 and goes into effect 8/22. Also the corrupt senate will approve the EV credit before recesses 8/5. Too many things lining up & confluence for #ELON to not take advantage of this pump, especially if he thinks economy will be in recession.
You guys remember what happened when the last investing ban was announced for the FED members? Rally & dump. Same thing will happen again. Get ready for September 22'. Perfect timing for #ElonMusk & lawmakers to get out. bloomberg.com/news/articles/โฆ
Here's my ๐งต on how far back I have been calling this $SPY Bear ๐ป rally to $430. Read ๐งต about where we might be in this parabolic rise along with price ๐ฏ.
Hahaha. Shocker!!! Not!! Elon filed form 4s with SEC showing he sold 7.92M $TSLA shares worth $6.9 Billion.
Average price was $869.09 for the sales that took place on August 5th, 8th and 9th. $SPY not at $430 but ๐ฏ on $TSLA. Now let's see what he does with $TWTR.
My call on $TSLA dump โ $SPY 430? ๐ค. $425s maybe. ๐ Closely. $TWTR. People think he sold $TSLA to finance $TWTR. ๐. Some think he'll buy more $TSLA. Well duh when it goes down ALOT. ๐ ๐. Why would you buy now? He obviously isn't. ๐.
Let's do some math. Kind of. So his $TWTR average is $36.157 for 73.12M shares. At today's price $44.43, he is up $604.9M. ๐คฏ Why in the world if he dumped $TSLA because a recession is coming, would he want to buy $TWTR at $54.20.
Depending on this rally, he might be able to cover 70% or so of his $1B fine. Well is a -$1B fine worth it? Hell yeah! It's a tax write-off. And the icing on the ๐? IFFF $TSLA falls 30-40+% more? How much will $TWTR fall. Fine I'll just be very conservative and say 15%. Read on.
If $TWTR just falls 15%... Forget about what $TWTR is currently trading at. If we just take a 15% haircut off of his higher premium buy price of $54.20 with valuation at $44B. His new buyout price would be $37.4B. He'll be saving $6.6B. $5.6B if you want to include $1B fine.
It's Elon, he'll figure out a way to stay in the hunt for buying $TWTR with legalese. Imagine 30% (or more) off $TWTR buyout valuation during this "recession". He'll be saving $12.2B, fine included. He just dumped on $TSLA fans for $6.9B. @elonmusk would you want a cool $12B+?
So what does #ELON need $TWTR to trade at to cover his $1B fine? $49.83. Will it get there? No. But he's going to be able to cover more than 60% of his fine.
Another possibility. Elon will keep his $TWTR stake, control, pay up $1B and legalese, renegotiate and buy it lower during the "recession" he sees coming. Whichever way, it saves him tons of $Bs even after his fine -$1B (tax-write off). Retaining that 9.1% will help him do that.
I want to ๐ how #ELON fans will spin this news about Elliott selling their stake. "Stupid Hedge fund sold before $54.20". ๐ค Lol ok. Not every Hedge fund is Shitadel. Read my ๐งต above about $TWTR and what he might do to buy it way lower. ft.com/content/b394b3โฆ
#ELON is definitely not doing this for a tiny discount $TWTR. This opens up possibility of $TWTR paying him $1B. If he's still serious about buying, which I think he is, he will keep his 9.1%, & buy much lower during "recession". ๐ $TWTR $1B debt+buyout. reuters.com/markets/deals/โฆ
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$SPX $SPY $ES ๐ next week. $438x will trade. This rising wedge is a ๐ป ๐ชค. ๐ป Patience. "Melt-Up" ๐ ๐ท ๐คก your days are numbered.
๐ป about to learn a lesson. "Melt-Up" ๐ about to come out today or tomorrow partying and calling it a victory. Weak ๐ป about to join them. $430 coming very fast. $SPX 438x-439x next week ๐ป market rally ๐.
$SPX $SPY $ES. ๐. If all goes as planned. "Melt-Up" bears will close the week or start next week knowing they have challenged/broken ATH downward trend line. 434x area should give some resistance, and that would be the start of the ๐ชค for ๐ and ๐ป turned ๐.