Originally Posted by Halfcan:
I posted about Fundrise.com before and wanted to update what is going on. Since I joined in February, they have purchased 3 major properties and now merged several funds into their Interval Fund (which is the basic level). My account has received only modest dividends, but the Appreciation has been amazing-- over 7% for the 1st quarter. They average about 22% per year, which is great for a REIT.
You can start a FREE account and now they are giving $25.00 bucks to join. You can make up to $900.00 in shares by just sending out invites.
Originally Posted by Mr_Tomahawk:
Nothing on Elon making a bid for the twatter? Wish I would have jumped in for that little spike.
I like the guy in general, but I really wish he'd focus on Tesla and SpaceX. It seems he's jealous of Bezos and Zuck's media empires and wants to get his own.
From an investment standpoint, though, it's tricky. Obviously you'd get a great deal if it goes through, but I have to imagine there's a high likelihood that it won't, and the stock will inevitably tank for a while if it doesn't. :-) [Reply]
Originally Posted by DaFace:
I like the guy in general, but I really wish he'd focus on Tesla and SpaceX. It seems he's jealous of Bezos and Zuck's media empires and wants to get his own.
From an investment standpoint, though, it's tricky. Obviously you'd get a great deal if it goes through, but I have to imagine there's a high likelihood that it won't, and the stock will inevitably tank for a while if it doesn't. :-)
From what I read he wanted to take it private, and then it would just be buyout thing. IF you were in before the news, it probably wouldn't go a hell of a lot lower. [Reply]
Originally Posted by Buehler445:
From what I read he wanted to take it private, and then it would just be buyout thing. IF you were in before the news, it probably wouldn't go a hell of a lot lower.
Yeah, my concern is that they'll essentially tell him to fuck off, and in that scenario, it would likely cause a short-term sell-off in panic. [Reply]
Originally Posted by Halfcan:
I posted about Fundrise.com before and wanted to update what is going on. Since I joined in February, they have purchased 3 major properties and now merged several funds into their Interval Fund (which is the basic level). My account has received only modest dividends, but the Appreciation has been amazing-- over 7% for the 1st quarter. They average about 22% per year, which is great for a REIT.
You can start a FREE account and now they are giving $25.00 bucks to join. You can make up to $900.00 in shares by just sending out invites.
Originally Posted by DaFace:
Yeah, my concern is that they'll essentially tell him to fuck off, and in that scenario, it would likely cause a short-term sell-off in panic.
Fair.
Originally Posted by chiefforlife:
Its a little over 46 right now. Elon is offering 54.20 a share?
A) Why would they not take that offer?
B) Wouldnt the share holders get the 54.20 for their shares?
Seems like easy money? No?
But you lose your job. No need for a board of directors of a private company. And probably most of management too. [Reply]
Originally Posted by Buehler445:
But you lose your job. No need for a board of directors of a private company. And probably most of management too.
I certainly don't have a great feel for everything that goes into such a decision, but I have to imagine that someone who says, "I'm buying you out, but I'm immediately going to completely shut down the entire thing" would be told to go pound sand. Elon's not that extreme, but it seems pretty clear he's doing this because he wants to change some of the fundamental philosophies of Twitter. I'm just not sure how the board will handle it. [Reply]
Originally Posted by DaFace:
I certainly don't have a great feel for everything that goes into such a decision, but I have to imagine that someone who says, "I'm buying you out, but I'm immediately going to completely shut down the entire thing" would be told to go pound sand. Elon's not that extreme, but it seems pretty clear he's doing this because he wants to change some of the fundamental philosophies of Twitter. I'm just not sure how the board will handle it.
54/share vs corporate raid I believe I’d have the conversation.
The boards fiduciary responsibility is to maximize returns for the shareholder, remember.
I’m guessing Musk knew it wouldn’t work but he was trying to shortcut the process of buying more shares to get a seat to force a sale.
They were saying on MNBC today that even though Elons offer was over the current share price it was still undervalued. They won't accept that. I for one hope he gets his hands on twitter just to change things back to free speech. [Reply]
