1hooper
UpInClass Steward
Posts: 6,709
|
Twitter
May 28, 2020 19:00:31 GMT -5
Post by 1hooper on May 28, 2020 19:00:31 GMT -5
I don't have an account. But I follow the financial markets closely. Twitter has been under a hostile attack by Elliot Management for awhile. Trying to get rid of CEO Jack Dorsey. Elliot Management came to an agreement earlier this month to keep Dorsey but “evaluate the CEO succession plan with the CEO.” It will make a decision by the end of the year. Which means he is gone. The two Elliot honchos are Jesse Cohn and Paul Singer. Google them up. It might make sense why Twitter is in the news this week. Would you buy or sell the stock Friday?
|
|
tc
UpInClass Member
Posts: 2,103
|
Twitter
May 28, 2020 19:27:00 GMT -5
Post by tc on May 28, 2020 19:27:00 GMT -5
I do not really know too much about the two twits from Elliot Management, Cohn and Singer but kind of like Dorsey...he seems to have out of the box economic ideas that are appealing. So, Dorsey is likely toast and the hedge fund bozos will likely run the company into the ground in the name of maximizing shareholder value. Pretty standard.
|
|
|
Twitter
May 29, 2020 7:48:41 GMT -5
via mobile
Post by spiderjohn on May 29, 2020 7:48:41 GMT -5
Seems a bitter wind always blowing in Canada—hopefully the climate improves!
Beautiful morning here
Twitter? Who really cares Not in my portfolio
|
|
shoes
UpInClass Steward
Posts: 2,115
|
Twitter
May 29, 2020 7:56:51 GMT -5
Post by shoes on May 29, 2020 7:56:51 GMT -5
Tough call from an investing standpoint. As a matter of principle, not a fan of big hedge funds. So I don't like to see anything that increases their power and influence. Not particularly thrilled with how Dorsey is currently dealing with censorship issues at twitter either. Lose/lose situation. Won't be investing but I'm only good at investing it companies that I feel I can really understand and this isn't one of them.
|
|
|
Twitter
May 29, 2020 9:18:08 GMT -5
Post by Badactor on May 29, 2020 9:18:08 GMT -5
|
|