ELON
Twitter TWTR in Talks to Strike a Deal With Elon MuskElon Musk could finalize his acquisition of Twitter as soon as TODAY. Twitter shares TWTR popped 5% higher on the announcement.
The stock has been showing a bottoming consolidation in a rounding bottom to confirm a trend reversal by a close above $54.50 supply region.
In case of the deal's confirmation, TWTR may hit $65.00 - $70.00 easily.
TESLA Buy the Powell dip. $1600 long-term target.Tesla (TSLA) is pulling back today, along with the majority of the market, after Jerome Powell teed up the prospect of a 50 basis-point rate hike in May. On a larger perspective, this looks like a consolidation after the April 05 rejection on the Lower Highs trend-line, similar to the consolidation of July 2021 after the Lower Highs rejection of that leg.
As you see the long-term pattern has been a Channel Up since January 2021 and during the previous Higher Low correction, the last rejection consolidated on a Red Ichimoku Cloud. This is similar to the current rejection. The 1W MA50 (red trend-line) and the 1D MA200 (orange trend-line) has been acting as a solid buy Zone within the pattern.
Our strategy is to add another buy on our portfolio either if the price makes contact with the 1D MA200 again or if it breaks above the Lower Highs trend-line. In either case, the target will be the 1.5 Fibonacci extension level at $1600.
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SQ will make you RICHSQ can be one of the best investments of your life if you are able to catch the dips. Our Fibonacci Circle identifies strong resistance coming up in the $150 range, but I see us blowing straight past that and going to $170. Yesterday was a very good time to buy and now time to watch your money grow.
BIG BILLION BREAK - 11.5.2022 No matter if the price keeps climbing or falling, it is bound to happen BULLS WILL ATACK THIS with all they got! BIG BILLION BREAK on 11.5.2022 there is NO OTHER WAY. This puppy will GROW into a space conqering BEAST!!! ELON to MARS & Beyond we are TWEET away from GREATNES.
Poison Pill Explained: Why Elon Wants to Buy TwitterIn this post, I'll explain the ongoing situation with Twitter; how they're preventing Elon from buying the company out, and my thoughts on why Elon wants Twitter so badly.
Twitter's Strategy
- Twitter is using a strategy known as the 'poison pill'.
- This is one of many defensive strategies that boardrooms can take when they're trying to prevent hostile takeovers.
- While the method may vary depending on the deal, the essence of the strategy is simple: make the stock less appealing to the hostile acquirer, and allow opportunities for other shareholders to acquire the stock at a discounted price through the use of call options.
- Netflix (NFLX) successfully used this strategy against Carl Icahn in 2012, when he attempted a hostile acquisition of the company, making it difficult for Icahn to acquire more than 10% of the company without approval from the Netflix board.
- Luckily for Icahn, he made 20x returns on his investment simply from holding Netflix shares for the three years that he attempted a takeover.
- In the case of Elon's acquisition of Twitter, the terms are slightly different.
- Elon offered to buy the entire company for $43B, which is a generous offer of $54.20 per share.
- Twitter's board however, having seen prices once hover above $70, were not happy with Elon's offer, and asked him to join the board with a 14.9% stake limit - Elon refused.
- Twitter emphasized that their poison pill strategy will activate if Elon tries to acquire more than 15% stake in the company, and will remain effective until April 14, 2023.
Twitter Shareholders by Size
- The Vanguard Group, Inc. 10.3%
- Elon Musk 9.2%
- Morgan Stanley Investment Management 8.4%
- BlackRock Fund Advisors 6.5%
- State Street Corp. 4.5%
Why Elon Wants to Buy Twitter
- My thoughts on why Elon is looking to acquire Twitter is as follows:
- The narrative that Elon is pushing as his justification for the purchase is "free speech".
- He has been vocal about Twitter's decision to shut down former US president Donald Trump's account.
- However, I personally believe that there are deeper layers to this matter than just 'free speech', and 'twitter's untapped potential'.
- Tesla currently does not spend a single dime on marketing and advertisement costs.
- Elon dissolved the PR department in 2020, and stated that the capital that was previously used for marketing, will now be reinvested back for R&D.
- Instead, Elon has been using his twitter account as a channel to promote his businesses - not only Tesla, but also SpaceX, SolarCity, and the Boring Company.
- The last time Tesla had a PR department, it spent $70m in marketing and advertisement costs.
- So taking that into account, and considering the value that was created by those costs being reinvested back into R&D, Elon has singlehandedly managed to create hundreds of millions of dollars in value through his twitter account.
- And the risk of him having his twitter account shut down, due to his potential violation of one of their many policies, is huge.
- His acquisition of the company's stake, and taking the company private eliminates this risk for him.
- Put into context, it makes more sense: Elon's $43B offer to buy Twitter is equivalent to someone with a net worth of $1m purchasing a G-wagon for their rental car business.
Conclusion
On one hand, we have Twitter, a company willing to use the poison pill strategy to prevent a hostile acquisition from taking place, and on the other hand, we have Elon Musk, who's trying to take the company private for $43B. I think there are bigger implications to his offer, as we've seen how he was able to connect seemingly unrelated businesses to form a virtuous cycle that would become the pillar of his entire empire. We use electricity generated from SolarCity to power our Tesla cars using solar energy. With the satellites that SpaceX launches, our Tesla cars undergo software updates in real time, and the Boring Company solves traffic jam issues by taking our Teslas through underground tunnels. I'm sure there's room for Twitter to fit into this equation, but I'm not completely sure as to what Elon has on his mind. One thing is for sure: it has more to do with Elon's personal philosophy.
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$BTC the royal flush 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
PSA: Get one thing straight with us, we are not rookies. Lately we have been on the receiving end of some haters who do not agree with our chart ideas and trades. We are here today to say, "keep the hate coming." Every single one of these guys so far have been proven wrong so it's pretty amusing.
Anyways, our thoughts on Bitcoin $BTC have not changed since our last Bitcoin post. It is still in a bearish trend, and things could get much uglier if earnings this week are a bust. Tesla $TSLA and Netflix $NFLX are to report earnings this week which could impact the price of $BTC drastically. $TSLA, Apple $AAPL, and the S&P500 $SPY are mirror images of each other right now. None of them look bullish. Global economic shifts due to the Russian x Ukraine war are likely to dent the share prices of the companies that make up the majority of $SPY this season.
Must we also mention that there is supposedly a high-rate hike coming in May?
Or that Russia will likely use tactical nukes in Ukraine soon?
If Russia does use tactical nukes, we expect markets to fall-out temporarily. World War III talks will be the buzz that drives the markets down for the proceeding days or weeks until a resolution is found. Afterwards, the market will be on the receiving end of a relief rally.
These are simply our current thoughts and opinions, and they are subject to change...
Happy investing!
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LONG DOGE - elon to carry ELON musk is the smartest man we have ever had walk the earth... the man is a genius. He is so smart i decided to take a 150k loan and put it alll in doge on x10 leverage. i willl be buying 1.5 million worth and longing it with a liquidation at .1235. thats impossible tho. elon is so smart buying twitter! he will integrate DOGE with it and itll moon past all top 10's. dont fade the smartest man on the planet. youll regret it and feel stupid and inferior to him .
(DOING THE OPPOSITE)
$DOGE.X Next Target PTs .21-.2977-.34 and higherrrrrDogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
Twitter to accept DOGE as payment?Dogecoin is pumping on a day when the rest of the cryptocurrency market is slightly down or muted. From a technical standpoint... the recent pump to 0.18 has pulled back and held a 50% Retracement so far. It needs to continue to break 0.16 first. Failing to maintain 0.14 and the trade is over. From CNBC:
Elon Musk suggests people who subscribe to Twitter Blue should be able to pay with dogecoin.
“Everyone who signs up for Twitter Blue (ie pays $3/month) should get an authentication checkmark,” he tweeted.
“Price should probably be ~$2/month, but paid 12 months up front & account doesn’t get checkmark for 60 days (watch for CC chargebacks) & suspended with no refund if used for scam/spam,” he said.
“And no ads. The power of corporations to dictate policy is greatly enhanced if Twitter depends on advertising money to survive,” he added.
Musk also proposed that the pricing “should be proportionate to affordability & in local currency.”
“Maybe even an option to pay in Doge?” he suggested, referring to the cryptocurrency.
Source:
www.cnbc.com
Elon (dogelon mars ) primed and ready for blast off Dogelon mars has been in a accumulation period getting ready for its next push high.
Looking at the rsi we can see bullish divergence
We also see this occuring on bitcoin.
Next week could be the start of the bull run.
What we need to see is a bounce to the up side. A break above 11s to start the bull run
10x for sure
I believe elon could even go as high as as 0.00004
Then break down to the 10s befor a push up to the 0.000023s that would give you a 80x this is my prediction but time will tell
Dogelon Mars ELON 10x ATHCup & Handel.
HODL.
Target 10x = 0.00000978
This is my target as I Hodl my position.
Dogecoin Rallies After Elon Musk Joins Twitter BoardYou may have heard that Elon Musk had just bought 9% of shares in Twitter and has become one of their newest board member. This prompted a rumor that the billionaire will be trying to push for Dogecoin to be integrated with the popular social media platform itself, prompting a rally. (No confirmation on how true this really is, however.)
Though it's good short-term news for DOGE, in earlier ideas I did warn against using DOGE as a speculative asset since it's primary focus seems to be utility/liquidity - which often is at odds with the idea of turning a return.
DOGE - Elon Let the Dog Out Again?Elon Musk and Twitter, headlines of the week .
Doge had served the Professor well, at the times of the corrections we had issued nice short positions:
Well at this stage it might be a good BUY. At least for a short term trade our chart shows support now and potential a flight higher.
Let's see how this goes.
One Love,
the FXPROFESSOR