eMusk proposes to follow through with original deal to buy Twitter at $54.20…
News:
Zooming out to the Weekly candles, this is what I see…
*Retail owns nearly 40% of TSLA stock.
Add to the conversation below.
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Maybe TWTR investors that are fans of Elon will put more into TSLA stock since upon completion of the deal, each TWTR shareholder will receive a payment of $54.20 per share before the company goes private and is delisted.
I’ve also seen where some TSLA investors are concerned that Elon will be taking on too much by juggling Tesla, SpaceX, and now Twitter (amongst the other various things he has his hands in) so performance with TSLA can be affected in the future by his decreased time of involvement.
PreMarket now…
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Got filled for 230p/235p Bear Put Spread at 1.17 total.
FD so defo not holding for long.
Is there any way to see some kind of figure on number of total portfolios that hold both TWTR and TSLA, and the average allocation between the two? This just had all five of my brain cells bouncing around a bit, finding this out might be a starting data point for potential number of ‘switchers’ upon completion of the deal? Possibly probably would have too much noise/junk data to find out much on sentiment based off this alone, but I still think it would be interesting and possibly helpful to see the overlap between retail TWTR and TSLA owners while preparing for finalized news…
Closest thing I could think of was to start writing down ETFs that hold both with their respective weights in them, but that’s not exactly what I’m looking for, I want to see retail ownership overlap numbers if they’re out there anywhere…very easily could be barking up the wrong tree with this thought, but figured it couldn’t hurt to ask
Got filled on my sell order…
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15min candles starting to consolidate here…
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