Comments by "dbergerac" (@dbergerac9632) on "Elon Musk's Twitter Takeover Explained..." video.

@ligafftheindifferent3495 A LOT of pension funds altogether own a LOT of shares ( mine does ) and the law requires those funds to honor their fiduciary interest, so they would want to sell. The State of Florida suggested suing to protect their retirement fund.
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@oneone8318 My real estate broker did not own my home, he had authority from me ( for a time) to sell it for me. That power is in that fine print of corporate bylaws. Unlike your bike, you own a SHARE of the company.
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@madlion1988redeemer Democrats, so far.
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@oneone8318 Honest money for a fair sale? Why not? It's taxable.
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@elefanny1106 Best answer.
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Nothing says "sell" quite like billions of dollars in PERSONAL liability to the non-billionaire board.
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@madlion1988redeemer 9 of the 11 board members owned about .12% of the stock, that's NOT 12% it's 1/10 of 12%. One member owns 0 stock. They make good salaries to play at business part time. If the stock is sold for a huge profit, it barely affects the board, but if new management fires them all, they lose their cash cow. Money is enough to get people to forget their fiduciary interest. Being sued by stockholders for billions that you do not have can change your mind fast.
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