TSLA Bill Gates $500Mil short position in TeslaDespite having a great quarter: EPS: $3.22 vs $2.26 expected
Revenue: $18.76 billion vs $17.80 billion expected, Bill Gates is still holding his 500Mil short position in TSLA.
There is a conversation circulating on twitter in which Musk asked Gates: “Do you still have a half billion dollar short position against Tesla?”
and Gates replied: “Sorry to say I haven’t closed it out. I would like to discuss philanthropy possibilities.”
Maybe this strong growth and 1.4Mil cars expected in 2022 are already priced into the market cap and a correction is possible on such a high (still) P/E ratio for the auto industry!
ARK also sold an important stake in TSLA this week.
Key supports are $906 and $765.
Looking forward to read your opinion about it.
Elonmusk
$DOGEUSDT Supernova What is Dogecoin (DOGE)?
Dogecoin 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.
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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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.
If Elon redefines Twitter, what`s the purpose of DWAC anyways ??I first bough DWAC at $12:
Thinking that Truth Social will take some market capitalization from Twitter and Facebook:
But since Elon Musk wants and most likely Will buy Twitter and enable true free speech on the platform, where Donald Trump won`t get banned that easily, then what is the purpose of DWAC (Truth Social and the rest) anyways???
Ok, let`s say it`s a republican new media platform, but then how you justify the approx. 10 Bil market capitalization at the current price, after the merger???
To be honest, i think this stock could easily go to the $23.50 support and even lower than $10, like most of the SPACs, if they don`t deliver great news for the shareholders.
Since the Musk takeover of Twitter, DWAC has already retraced significantly:
TWTR poison pill "defence"If you haven`t sold TWTR here:
then what you should know:
After buying 9.2% of TWTR shares, Elon Musk wanted to buy Twitter (TWTR) for $43.4bn, $54.20 per share representing a 38% premium to the closing price on 1 April and take the company private.
Elon Musk about Twitter: “potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.”
“However, since making my investment I now realise the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
"My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it.”
TWTR is up only 8% after 8 years of being listed.
I don`t think Jack Dorsey has found the path to profitability, nor that the board works in the interest of the shareholders.
That`s why they went for the poison pill "defence".
I say "defence" as a joke, since the only one defended here are the board members and not the shareholders, which haven`t gained too much from holding the bag anyways.
The poison pill allows investors to buy additional shares of the company’s stock at a discount and therefore dilute the value of each individual share.
That is a viable strategy against an unwanted hostile takeover.
In my opinion, the board members will accept Elon`s proposal and buying the stock now will give you a 17% return.
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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MULN retracement complete If you haven`t bought the dip on MULN:
Then you should know that the retracement seems to be complete and the stock is ready for another leg up.
You will need to wait for the reversal candle formation, or at least a doji, though.
My next price target is $5.25.
Looking forward to read your opinion about it.
$TWTR$TWTR Apollo Global Management is willing to finance a Twitter buyout, sources say
Bloomberg reported Sunday that Oracle (ORCL) co-founder Larry Ellison and private-equity firm Thoma Bravo could join with Musk and raise up to $50 billion. That’s quite a war chest.
The $50 billion figure implies a much higher price for Twitter stock, about $72 a share. If the $50 billion is for all of Twitter, including, Musk’s existing stake, the implied price is about $65 a share.
SOLANA : Daily TA : 04.18.22 (IO)echnical analysis of #Solana 's chart and its appealing ranges . Let's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.18.2022
⚠️(DYOR)
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Bitcoin 6H TA : 04.17.22 (Update)As you can see, the price is still trading in the 40K support range and the trading volume is very low ! To determine the new trend, we must wait for smart money to enter the market. first major bullish target is $ 42K, and if it breaks , the next target will be in the $ 43,000 to $ 44,800 range. Also, the two most important support levels for Bitcoin will be in the range of $ 38,600 to $ 39,200 and $ 37,000!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.17.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
TWITTER - LongThe bullish impulse from May 2016 formed an Expanding Leading Diagonal for Twitter. According to Elliott Wave Theory, this pattern (occurs as Wave 1 or Wave A) usually dictates the direction of impulse - in this case, to the upside.
As long as we don't break below $13.70, all retracements are considered as Wave 2. Once Wave 2 completes, a more impulsive Wave 3 will ensue - it could already be in the works, considering we've bounced off significantly from the $30 range.
Twitter will probably see ~$140 in the coming years.
$DOGE @elonmusk is buying Twitter...probably nothing...Analyzing $DOGE is like doing Elon Musk analysis. The two are connected and unpredictable.
We can however see that the movement is bullish and the ATH has been running for almost a year (May 8th 2021).
In the $DOGE foundation there are both Musk and Buterin and this coin has yet to take its revenge on the other Dog.
If the rise starts as it seems, I thought about the TP (green) and the SL (orange) reached each step.
The FIB time cycle suggests that something may happen around June 10th, but I think it happens sooner.
And yes! Musk is buying Twitter...probably nothing...
BTCUSDT - Elliot Waves (#5 WAVE NOT YET COMPLETED) - 1Day (2022)Seems to me BTC has done a total of 5 major wave patterns with its recent ATH of 69k being on the last wave projection (5th wave to complete). Whether it bounces from 37k to recent highs (50-67k) or enter bear market for support at 28k area.