Elon Musk Gets SUED & Cathie Wood Sells
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Twitter investors, sue elon musk for failing to promptly disclose the size of his stake. Federal trade laws dictate that investors must inform the sec within 10 days when they take a more than a 5 stake in a company. Musk who started buying twitter stock in january allegedly hit the milestone on march 14th, meaning he should have informed the sec by march 24th. Some twitter investors say they lost out on potential gains as a result of the delay.
I don't know if this is really gon na stick. The only reason it might stick is because he is very much disliked by the sec, so the sec really might be doing anything they possibly can to like give elon a problem. So it might become more of an issue for him, but if it is it'll be a little fine and then he'll basically say fu, because don't forget that elon does have that fu type of money. Another thing related to twitter, kathy woods says: arkhamvest began, selling its twitter holdings after jack dorsey stepped down.
As ceo uh kathy wood said, she's been cutting her exposure to twitter since shaq dorsey departed as ceo. We know there is now going to be a lot of management distraction. Maybe board distraction with or without elon arc tends to make decisions based on management changes. If it's uncertain about the outcome, so just a little bit of an update there, they were a decent player in twitter, but obviously that's going to be some selling pressure there from the ark funds - and i just the storyline with elon is the story that, like really Just keeps on giving you.
Sec Is corrupt af
Great concise video. More like this 👌🏾
Meanwhile KG and friends are walking around Scott free right
Damn. Young Cathie was 🔥 🔥 🔥
Like Elon gives a single F what these people do or think. Oh- and good job declaring yourself a flight risk to all of your fellow major share holders. I'm sure that's going to turn out well.
Brah Cathy was smokin hot 🥵
Elon should counter sue.
Wow, I'll be spending time looking into this…🧐🤔🤑🍿🍿🌷🙌
would simp for Cathy
Go after Elon but not the big funds what a joke
This is old news buy TWTR while it’s cheap folks period point blank!
Nobody is perfect but Elon breaks a few molds here. Hostile takeover.
No way