591 () 💥 B O O O O O M 💥 posted 2 years ago by ghost_of_aswartz 2 years ago by ghost_of_aswartz +591 / -0 43 comments share 43 comments share save hide report block hide replies
Great point but brings up a bigger issue. Elon knew this almost a year ago, so what are they working on? How long did it take Elon to buy 9% of Twitter stock? My guess is quite a few months, maybe a year. Hmmmm….
Dave (X22) had a theory that he had to buy less than 0.33% shares at a time over time to not get discovered. So that is roughly 30 or more purchases.
It really makes sense. Companies often monitor the trades for signs of a hostile takeover. No doubt algorithmic trading was used.
.33% divides into 100% 300 times, not 30, just so you now. So it’s roughly 300 purchases if they were each .33%
But he only owns 9.3% now. 10 x 3 = 30 😊
Yeah I think you are correct in that he bough .33% of Twitter at a time
It took him a single second. He showed the damn purchase document on twitter when he did it. All at once.