Hap (Robert) Sneddon FCSI Twitter, Inc TWTR-N COMMENT Dec 22, 2017

Trouble is it's had lots of hype, but never achieved its goals. Hasn't grown advertising as aggressively as it wanted. Dilemma of allowing free, but not hate, speech. If you want to own it, reassess after the Musk acquisition.

Last week, Elon Musk announced that he will layoff staff because he feels unconfident about the economy, but today he reversed himself. Shares have been bouncing. Musk has a disclosure problem and needs a lawyer to run statements by. Twitter shares sank under 2% today. He loves Elon, but has Elon ennui.

There's big potential here, because it doesn't serve small businesses in America which equal 66% of digital ad spending which is going to Facebook and Google instead. This platform serves only large brands, but that's a smaller part of the market. Twitter has been miserable for investors and has seen a revolving door of CEOs. The fair price of the Elon Musk deal is $30/share. Musk will never find out the data he wants about bots because it would break privacy laws. It's at an impasse. Twitter should take the deal, but all this wrangling exposes what a mess there is in management there, and is scaring away large customers.

Musk pulls out of Twitter deal today It's ridiculous that Musk says that they Twitter board is withholding any information. Also, any buyer should do his due diligence. Let Musk figure this out. At the same time, the board must get this deal done for the sake of the company and its shareholders. The court is smart, will do its job and enforce the law. Musk either litigates this for a long time and ultimately buy a vastly depleted Twitter or negotiate to buy Twitter now at a lower price, but fair to both sides.

Musk doesn't have a case. He will lose. Look at the evidence. This was a hostile takevover, after all, so he can't now play hard to get. The judge will award Twitter damages. One way or another, money will go to Twitter. Why should Twitter anything less than the share price Musk had offered? Twitter did nothing wrong; Musk showed bad faith. Whatever happens, Twitter is a buy.

It reports Friday. How long time will they spend on the earnings call talking about Musk? He considers Musk's entire defence flimsy and Musk will lose in court.

Breaking news of Elon Musk buying Twitter after all Musk is too unpredictable.

He sold it over the summer and didn't get back in, because he expected shares to come back down to $35. It's one of the worst-run social media companies. He doesn't know why Elon Musk didn't negotiate for lower, but accepted the higher price. He hopes Musk cleans house--it's a horrible company. He sold it earlier and missed an opportunity.