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nuckin_futz

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Everything posted by nuckin_futz

  1. https://www.customthrowbackjerseys.com/products/TONY-TANTI-Vancouver-Canucks-1987-CCM-Vintage-Throwback-Away-NHL-Hockey-Jersey.html
  2. I really doubt the Lower Mainland and South Island real estate will cool much. There's way too much demand. As evidenced by your friend's experience.
  3. This is not important but always a pet peeve of mine. Why do people say they put in an offer? You don't put in an offer. You put in a bid. The seller puts in an offer. /endrant.
  4. Twitter set to turn bot data over to Musk: report Twitter's (TWTR) board is reportedly set to pull an about-face, offering Elon Musk internal data on hundreds of millions of tweets as it vies for the billionaire to complete his acquisition of the social media company. Twitter is set to turn over information to Musk capturing more than 500 million tweets, the devices the posts came from, and other information about the account holders, The Washington Post reported Wednesday, citing an unnamed person familiar with the matter. Such a move would help respond to Musk's repeated demands for more information about the composition of Twitter's user base and the extent of its problem with bots. Musk has challenged Twitter's claims that just 5% of its accounts are bots, calling the way the company calculates fake accounts "very suspicious" in a May tweet. Musk has also said the Twitter deal would remain on hold until he received information, leading some on Wall Street to speculate he may be trying to renegotiate the deal down from its original $44 billion price tag. Twitter rose rose modestly following the Post's report on Wednesday; Twitter shares have fallen about 15% since Musk's deal to buy Twitter for $54.20 per share was announced per share in late April. In a letter Monday to Twitter's general counsel Vijaya Gadde, Musk's legal team asserted Musk believed Twitter was "actively resisting and thwarting his information rights (and the company’s corresponding obligations) under the merger agreement" by withholding the information. Musk waived his typical right as a buyer to due diligence when he first announced his deal with Twitter in April. "This is a clear material breach of Twitter’s obligations under the merger agreement and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement," according to the letter. Twitter could had over the information to Musk as soon as the end of this week, The Washington Post reported Wednesday. In a response to a Yahoo Finance request for comment Wednesday afternoon, a Twitter spokesperson reiterated the company's statement released Monday in response Musk's letter. "Twitter has and will continue to cooperatively share information with Mr. Musk to consummate the transaction in accordance with the terms of the merger agreement," according to the spokesperson. "We believe this agreement is in the best interest of all shareholders. We intend to close the transaction and enforce the merger agreement at the agreed price and terms." ********************** I have to think the only reason Twitter would do this is because it helps their case. Otherwise wouldn't they just take their chances in court?
  5. My Friends Had A Sonogram To Determine The Gender Of Their Child. Care To Guess What It Is?
  6. How can you not love these lyrics ....... I'm dumb she's a lesbian I thought I had found the one We were good as married in my mind But married in my mind's no good
  7. Remember Ron Caron? He was an excellent source of good hockey players.
  8. You'll notice on a chart that the bottom coincided with a surge in trading volume. That signified that anyone who had to puke it out (maybe due to margin issues etc) puked it out. When you have a puke move like that it usually takes out all the sellers and the stock can rally for a bit with little resistance. When you have down trending stocks that have a flush on very large volume that is often a sign of a bottom. Does not apply to stock that have a sudden plunge that starts a downtrend. If RIVN retests $23-25 and holds then I could see taking a stab at it.
  9. News releases are nice but in order to turn the stock for good you're going to need a change in the fundamentals. Look for upside guidance or multiple analyst upgrades. But not from some of the sh** house analysts like Roth Capital or Cantor Fitzgerald. Pay attention to upgrades from the big 5 firms Goldman, Citi, JP Morgan, Morgan Stanley, Bank of America.
  10. Not a world event but a pretty funny story ......... Adam Sandler left ‘bleeding terribly’ after an accident in bed Adam Sandler was excited to talk about his new film, Hustle, on Monday's The Tonight Show Starring Jimmy Fallon. But before he could talk about anything, Fallon asked him about a visible bruise and scab under his eye. “I had an accident, everybody,” Sandler said. “Everything's all right, but I wish it was a good story — it's pathetic.” Sandler explained how he got into bed and the sheets were tucked in too tightly. When he tried to kick them loose with his feet, he forgot his iPhone was on his lap. The phone went flying in the air and ended up splitting the skin just beneath his eye. It occurred at 4 a.m. so instead of getting up to take care it, he just went to sleep. “I was bleeding terribly,” Sandler explained. “I mean, I thought it was pitch black in the room, and I feel wetness and I tricked myself. I go, ‘This is probably just thick tears.’ ... I didn't want to get up, you know, because I was tired. And I was like, ‘Ah, we'll fix that later.’” When he eventually woke up, he was shocked by how bad the injury really was. “I woke up, it was horrible,” Sandler recalled, “It was bleeding all over it was gushing still and there was blood on the bed and all that stuff. So I said, ‘I've got to get this fixed.’ So I went to the Apple Store.”
  11. His stake as of today is worth approx $140 billion. I probably wouldn't be too freaked out if he cashed in about 6.5% of his stake. Especially if he tweeted some poop and eggplant emojis as a distraction.
  12. Would anyone expect a reasonable explanation from a grown man who tweets stuff like this ...........
  13. Elon Musk can’t just walk away from his Twitter deal by paying a $1 billion breakup fee Published Fri, May 13 202211:31 AM EDTUpdated Fri, May 13 20228:56 PM EDT Key Points If Musk walks away from buying Twitter, the social media company can sue him for breach of contract. A buyer can’t simply walk away from a deal by paying a fee unless certain conditions apply. Musk may view putting the deal on hold as an opportunity to renegotiate price with Twitter. Elon Musk can’t just walk away from his deal to acquire Twitter by paying an agreed-upon $1 billion breakup fee. It’s not that simple. Musk tweeted Friday that he has decided to put his acquisition of Twitter “on hold” as he researches whether the amount of fake/spam accounts on Twitter is actually just 5%, as the company has long claimed. He followed that tweet with another reiterating that he is still committed to the acquisition. But he risks a lawsuit from Twitter for breach of contract that could cost the world’s wealthiest person many billions of dollars. More than a breakup fee Musk and Twitter agreed to a so-called reverse termination fee of $1 billion when the two sides reached a deal last month. Still, the breakup fee isn’t an option payment that allows Musk to bail without consequence. A reverse breakup fee paid from a buyer to a target applies when there is an outside reason a deal can’t close, such as regulatory intermediation or third-party financing concerns. A buyer can also walk if there’s fraud, assuming the discovery of incorrect information has a so-called “material adverse effect.” A market dip, like the current sell-off that has caused Twitter to lose more than $9 billion in market cap, wouldn’t count as a valid reason for Musk to cut loose — breakup fee or no breakup fee — according to a senior M&A lawyer familiar with the matter. If Musk were to abandon a bid simply because he felt he overpaid, Twitter could sue him for billions in damages in addition to collecting the $1 billion fee, the lawyer said. This has happened before, such as when Tiffany sued French luxury goods conglomerate LVMH in 2020 for trying to back out of its agreed-upon deal. That suit settled when Tiffany agreed to lower its sale price from $16.2 billion to roughly $15.8 billion. Musk and investors may want a better deal Musk’s reasoning for putting a transaction on hold may be similar: He might want Twitter to lower its sale price. Twitter shares fell more than 8% on Friday and are down about 23% from Musk’s agreed-upon purchase price of $54.20 per share. Part of the dip is related to an overall slump in technology stocks this month. The Nasdaq has fallen another 11% since the market close on April 25, the day Twitter accepted Musk’s offer. “This is probably a negotiation tactic on behalf of Elon,” Toni Sacconaghi, Bernstein senior research analyst, said Friday on CNBC’s “Squawk Box.” “The market has come down a lot. He’s probably using the guise of true active users as a negotiation ploy.” Musk may feel some pressure or obligation to other potential investors in Twitter to lower the price, even if the world’s wealthiest person is more price agnostic. Musk is in talks with outside investors for both equity and preferred financing to lessen his personal stake in Twitter. If he can get a lower price for the social media company, the returns could be higher for outside investors if and when Twitter returns to public ownership or is resold. Why he could still try to bail Though he said he remained committed to buying Twitter, Musk may be tempted to throw in the towel given the losses he’s incurring on paper with regard to his Tesla equity ownership. Shares of Tesla are down about 24% over the last month. If Musk believes his Tesla losses are related to his Twitter acquisition and are significant enough to potentially outweigh both the $1 billion termination fee and any additional damages he would be charged in court if he loses, he could decide walking away made sense. But he’d also have to deal with the reputational damage associated with breaking a deal. It’s unclear any future company would risk selling to Musk with that track record. Musk was not immediately available to comment. Twitter may need to renegotiate Just as Tiffany and LVMH eventually settled, Twitter may not have many good options outside of renegotiating with Musk. The company likely would want to avoid an expensive protracted lawsuit. Employees may flee as the company wouldn’t have a clear future plan. Twitter’s already cutting costs. On Thursday it dismissed two executives and said it’s putting hiring on hold. When Twitter agreed to sell itself to Musk for $54.20, the board didn’t bother pushing for a higher price in part because there were no other interested buyers at that price. Twitter’s board came to the conclusion it wasn’t likely to soon return to trading at higher levels given this year’s valuation decline in peer stocks such as Facebook and Snap. Twitter’s best outcome may just be to accept a lower offer from Musk. A spokesperson for Twitter wasn’t immediately available to comment.
  14. He's free to sell whenever he wants. He just has to file the paperwork afterwards. TSLA shares trade about 27.5 million shares/day. The dollar volume of that trading is about $19.5 billion/day. The shares turn over about 3.2% of the total stock/day. Musk has approx 20% of the stock. There's more than enough liquidity for him to sell whatever he wants without seriously crushing the price.
  15. My opinion remains unchanged. Elon is super fracked. He made a stupid, impulsive deal without doing proper due diligence and now is looking for a way out because TSLA stock has dropped 30% since he made his offer. What he's complaining about is covered in their regulatory filings. He's just trying to sway public opinion. His legion of fanboy bros seems to be lapping it up. Too bad that holds zero legal sway.
  16. Back Home After Morning Walk
  17. The Company Owner Decided To Stop Paying His Drivers So One Of Them Parked Their Semi On The Owner's Ferrari And Just Left It There
  18. We’re Off To A Great Start With The New Puppies
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