![Big Oil astroturfers activated. [1080x839 - 139KB]](https://pic8.co/sh/VB3AUU.jpg){kind=link}
What does Big Oil have to do with this?
Saudi Arabian prince rejects offer on behalf of Twitter (illegally) for Elon Musks buyout at 45.00 a share.
Goldman Sachs has a sell rating at 30.00 per share.
Elon asks about how much Saudi Kingdom actually owns of Twitter.
Vanguard steps in and buys top shareholder position from Elon who holds at 9.1%, where Vanguard now has 10.1%... the top spot is theirs, seemingly in response to the bid to buy the company.
The stock will likely become volatile as shareholders will want their 45.00 per share because that's money right now. It's legally not up to Saudi Arabia.
Now this is fucking interesting. So if the stock becomes volatile, and musk short sells, that will fuck up those sauds. Now the question is how much crypto does musk still hold?
Every time the drama escalates, it increases the probability of a downward spike.
Elon can easily keep everyone guessing, because they were so reactive.
His options are endless if he wants to press the issue.
Imagine he did the same thing to Facebook and, meanwhile, ignored Twitter for a spell.
They'd really start to go nuts.
Twitter has to put the deal to a vote, legally, so we shall see if they follow the law.
It's a weird situation because there is a multibillion dollar shill machine that operates out of Twitter and spreads into all other media. Controlling Twitter is a way to stifle a massive astroturfing effort for pennies on the dollar.
What does wallstreetbets have to say about this?
Much as you'd expect.
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