As WSJ reports at Oct 26th 7pm "Banks have begun funding their $13B portion of Elon Musk's $44B deal to take over Twitter (NYSE:TWTR), the WSJ reports, as a Friday deadline to complete the transaction nears. Musk sent the required borrowing notice to the banks late Tuesday, according to the report - launching a process that will result in signed contracts and the lenders depositing funds into an escrow account, likely on Thursday. Those funding notices with 3-5 days to deal closure usually go unnoticed, but as the WSJ notes, this deal has seen more drama than most."
Quite after this report, Seekingalpha published a report about, "Twitter (NYSE:TWTR) is set to be delisted from the New York Stock Exchange effective on Friday, according a delisting notice from the exchange.The delisting notice comes amid a WSJ report that banks have begun funding their $13B portion of Elon Musk's $44B deal to take over Twitter (TWTR) as a Friday deadline to complete the transaction nears. Twitter rose 1% in after hours trading."
I started to recommend TWTR since Oct17th, last Friday's Musk drama was an excellent "entry point" for this trade, there's NO WAY musk can get out of this trade!!!!
From tech analysis side, there's vol to support our theory, MONEY is HONEST and MONEY NEVER LIES!
EVEN TWTR start to delisting from NYSE since this Friday, we can still hold this and waiting for ROAR! As NYSE rules, "Companies have 10 days on the New York Stock Exchange (NYSE) to respond to a notification letter from the exchange".
Chart explain everything I wanna share.
Enjoy the pre-Halloween party!
The investments and idea published may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from independent financial advisor or other professionals to determine what may be best for your individual needs. We do not and cannot guarantee that your use of our APP and/or any of its features will generate profits. All opinions, news, reviews, research, analysis, prices, or other information contained on or provided via this site are provided on an “as is” basis as general market commentary and/or expressions of opinion only. Information may not be complete, accurate or up to date and may not be suitable for every individual, nor be a suitable basis for an investment decision. No representation, warranty, undertaking, assurance or guarantee (express or implied) is made or given as to the availability, adequacy, accuracy, completeness, reasonableness or appropriateness of any of the information or opinions provided or expressed on or through this site. There is no obligation to notify you of any corrections or modifications.
Quite after this report, Seekingalpha published a report about, "Twitter (NYSE:TWTR) is set to be delisted from the New York Stock Exchange effective on Friday, according a delisting notice from the exchange.The delisting notice comes amid a WSJ report that banks have begun funding their $13B portion of Elon Musk's $44B deal to take over Twitter (TWTR) as a Friday deadline to complete the transaction nears. Twitter rose 1% in after hours trading."
I started to recommend TWTR since Oct17th, last Friday's Musk drama was an excellent "entry point" for this trade, there's NO WAY musk can get out of this trade!!!!
From tech analysis side, there's vol to support our theory, MONEY is HONEST and MONEY NEVER LIES!
EVEN TWTR start to delisting from NYSE since this Friday, we can still hold this and waiting for ROAR! As NYSE rules, "Companies have 10 days on the New York Stock Exchange (NYSE) to respond to a notification letter from the exchange".
Chart explain everything I wanna share.
Enjoy the pre-Halloween party!
The investments and idea published may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from independent financial advisor or other professionals to determine what may be best for your individual needs. We do not and cannot guarantee that your use of our APP and/or any of its features will generate profits. All opinions, news, reviews, research, analysis, prices, or other information contained on or provided via this site are provided on an “as is” basis as general market commentary and/or expressions of opinion only. Information may not be complete, accurate or up to date and may not be suitable for every individual, nor be a suitable basis for an investment decision. No representation, warranty, undertaking, assurance or guarantee (express or implied) is made or given as to the availability, adequacy, accuracy, completeness, reasonableness or appropriateness of any of the information or opinions provided or expressed on or through this site. There is no obligation to notify you of any corrections or modifications.