My guess is the two parties will resolve their differences by renegotiating at a lower sale price in court.
But, Musk has 20 days to respond to the suit and if he draws them out that far the valuation of the company could deteriorate even further to the downside.
Right now TWTR is about $2.75 a...
Staying defensive with cash. I see nothing I like at t'all.
The NFIB Small Business Optimism Index out today for the June 2022 read does not sound good.
"The NFIB Small Business Optimism Index dropped 3.6 points in June to 89.5, marking the sixth consecutive month below the 48-year average of...
Well if we take a quick look at the two comparisons of the current record high spike on consumer credit card debt from 2006 to the last read on 6/29/2022 and over to the huge drop in the personal savings rate read on 6/30/2022, (the lowest since 2009), it's fairly easy to see that people are...
The Liberals are mad that an African man can have so much influence and achieve more than any other human on this planet ever has.
The current P/E ratio on this pig is at about 40x earnings. Even at $33.00 PPS today the valuation of this garbage is at about 3 times over what its actually worth...
"......Black Bears rarely attack when confronted by humans and typically not aggressive and fear repercussions of attacking someone."
"....Grizzly bears are among the most lethal creatures seen in the wild. They not only have superhuman physical strength, but they also have a powerful...
Back the nuts off, but don't remove them completely off, have someone help by injecting some high quality sealant under & around the bow eye to form a gasket and then re-tighten the nuts. Clean off the excess.
That's a fast & steep downward reduction in sales for that area.
The ISM services read today shows that we're not in a recession yet so the Fed rate hikes are a "Go" and at the very same time todays ISM employment data is clearly showing that its starting to roll over. Not exactly a good sign...
The consumer is imploding and given consumer spending comprises 70% of GDP your indicator looks to be right on target.
In fact the trend now is even steeper than in was in late 2007 heading into 2008.
2Driver, Did you catch the chart of the St. Louis FED Personal Savings Rate read this morning?? Ugly would be an understatement.
BTW, in case anyone missed it.,
Housing Inventory just recorded the biggest monthly gain ever recorded in Realtor.com's data set. ☠️
Carry on!
Seems to coincide and reek of retaliation for the Supreme Courts 2A decision two weeks ago that Americans have a right to carry firearms in public for self-defense.
You're real close....
44.9% Investor purchases in Q1-2022 & Annual 2022.
Nearly the percentage before they started their purchase reductions at the peak in 2011