TWITTER MULLS POISON PILL TO STOP MUSK

Dow Jones is reporting Twitter is mulling the idea of a poison pill to stop a potential Musk takeover, which is paving the grounds for war and turning this into a hostile fight. This is very reminiscent of the Yahoo proxy fight, which ended with shareholders getting 100% fucked.

Meanwhile, Musk is at a Ted Talk and chatting away on his overture.

Shares of TWTR are flat for the session, down around 1.5% since these comments came out. As of now, investors do not think this deal gets done.

Twitter was down earlier, even after an all cash offer by Musk — which onto itself is fucking hilarious. Many people thought the offer overture was over just because a Saudi Prince said no. F

SAUDI PRINCE AL WALEED BIN TALAL AI SAUD, ONE OF TWITTER’S LARGEST SHAREHOLDERS, REJECTS MUSK BID

The rationale behind Musk’s bid is as follows:

“I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”

Twitter is going to have an “all hands on deck” crying session at 5pm today in order to discuss how they can snake out of this offer. The fact of the matter is, they cannot. Whether Musk goes up in price is immaterial at this stage. There isn’t a white knight out there to save them and I doubt Elon will back off now, seeing that this ultimate prize is within his grasp. My best sense is the deal is sweetened, something retarded like $69 expiring on 4/20 and backed by some high powered VC’s, like Andreeson, and that’s all shit wrote.

I am currently long TWTR.

Maybe it’ll happen today or on Monday or the week after — but it’s coming. You can rest assured, SLEEP WELL AT NIGHT, knowing full well with absolute certainty, that a full blown market collapse in the United States is just around the corner. You cannot stop it and nothing can be done to prevent it from happening.

The US 10yr is soaring again +9bps to 2.77%, as Americans FRANTICALLY SCRAMBLE to secure homes +33% YOY with ALL CASH SITE UNSEEN offers because OMG — I NEED THAT HOUSE. The temperature of the country is as such: Go Ukraine, Go Dr. Fauci, fuck your rights — give me that $2m house — I need the whole 2,000 sq ft to store my spare shit.

The Dow is +112, NASDAQ -150 — banks are weak and if you look at a chart of JPM — one might surmise it’s about to tip over and head into the lawnmower blades.

On a brighter note, head autist in charge of Tesla is now offering to seize control of Twitter. He made an all cash offer for $43b but the market is balking at such a suggestion.

Free speech aside, Twitter is the worst run social media company in the world — specifically because its employees treat it as their fiefdom — passing laws down upon the plebs — CANCELING OTHERS for words typed into a computer they view to be wrong. Let me be very specific about my next group of words.

THESE FUCKS SHOULD ALL BE FIRED. Every single last one of the people who work at Twitter — all of them — should be fired and the company should re-hire new people under a new ethos. That ethos should be — LET PEOPLE SAY WHATEVER THE FUCK THEY WANT — providing they’re not bullying/harassing and if they are — set up some sort of penalty system that is fair. The platform is now being used specifically for political purposes to propel a flaccid and failing woke movement that has cracked this country asunder and made us the laughing stock of the world. We are a stronger people than the fucking fucks working at Twitter would suggest.

Well this is awkward: TWTR board hired Goldman to "advise" it that the @elonmusk $54.20 offer is too low. Only problem: Goldman has a SELL rating with a $30 price target. Oops. pic.twitter.com/ViQXnXBD3C

— zerohedge (@zerohedge) April 14, 2022

You cunts, I am surrounded by financial illiterates and this isn’t some deep rooted Dunning Krueger rant destined to go off the fucking rails and into the water. My vessel is already in the water and I am firing grape into your cities, flying the black flag.

You stupid piece of shits believe everything the cunts in DC tell you. When they told you “ONLY Black Lives Matter” you believed it and bowed down to black people as if they were Egyptian Gods. And then they told you that Italian Leprechaun fuck, DR FAUCI — dog torturer — knew what the fuck he was talking about, cajoling and coercing you to INJECT YOUR KIDS with toxic waste — you believed them too. These fucks have never cured cancer, Alzheimers, MS, heart disease or even the common fucking cold — but somehow, someway, you felt the fucking mask on your face and the needle in your arm over and over again was going to save you from some fucking scourge that was SWEEPING THE LANDS and bringing a “WINTER OF SUFFERING AND DEATH” upon those who opted to go bare naked into that cauldron. Well guess what fucked face — I have never vaccinated and never will vaccinate and I do not wear masks and I have never gotten COVID and if I get COVID — I really fucking hope it’s so bad that I drop dead so I don’t have to deal with the next scam they run on you. It pains me to no end to see this happen over and over.

Now Ukrainians are the new blacks and their plight is so noble, so just, we ought to RISK NUCLEAR APOCALYPSE just so Zelensky can fulfill his life-long dream of hosting Saturday Night Live. As the war carries on and supplies become scarce, the new lie DC is telling you, and of course you believe it, is that PUTIN IS RAISING PRICES ON SHIT and how inflation is all his fault.

How about no, fucked face? How about $32 trillion in national debt, $5 trillion spent on fucking COVID-19 sending money to ordinary FUCKING JACKASSES who took those funds to buy new iPhones causing semi shortages. And how about the FEDERAL MOTHERFUCKING RESERVE balance sheet at $9 trillion. DOES ANY OF THESE COUNT TOWARDS YOUR SCIENTIFIC RESEARCH INTO THE CAUSES OF INFLATION?

You motherless whores.

Go

Fuck

Yourself

LOOK AT ME.

See pal, that’s who I am and you’re nothing. The idea you could do better is fanciful fucking nonsense. While taking it easy in my trading account today, I am in fact 66% long TQQQ into a NASDAQ +200 — ALL THANKS AND PRAISE TO THE Stocklabs MEAN REVERSION ALGORITHMS.

More later.

Both PMs from  Sweden and Finland did a press conference today discussing potential NATO membership. Sweden said it’s a go, but Finland needs time to think on it.

REFRESHER:

RUSSIA SAYS IF FINLAND OR SWEDEN JOIN NATO THERE WILL BE “DETRIMENTAL” MILITARY CONSEQUENCES pic.twitter.com/fYHhZ2Bj0n

— The_Real_Fly (@The_Real_Fly) February 25, 2022

So if you’re the leaders of either country and you see Russia attacking Ukraine because of NATO, why would you, especially after they promised to attack you if you joined, turn around and say “you know what Putin, we are not scared — we are joining NATO.”

It would appear incredulous, almost an invitation for war. NATO is supposed to make you safer, but if it’s existence only causes war then what is the use?

These are the ramblings of a mad mad, so bear with me.

As for markets, markets are bid higher with some nice action. I’m 50% cash, hedged, and +120bps so far. I’m light on commodities and more leaning towards tech, since that’s what’s oversold most. Banks are dreadful, so my hedges are FAZ and UVXY.

https://twitter.com/the_real_fly/status/1514249507713789954?s=21&t=rGsou3ILoLOzXr6Z2TXiPg

GOOD LUCK!

The mean reversion algorithms inside Stocklabs flagged oversold today — the second signal over the past week. We could get one more before I go all in on the long side and there’s always a chance “this time is different” — but on the whole these signals are fucking gold.

Here’s how to play the coming move.

Buy the stuff that is down most. That’s it. No need to overthink it. But remember to hedge closes and don’t get caught up in your own bullshit. If we gap up tomorrow and you are long, you will quickly begin to feel like a Roman God — casting aspersions and feeling a sense of invisibility because the money is all yours. But this would be FOOLISH and commiserate with BELIEVING IN PEACE, something we do not endeavor to ever partake in.

Here’s my trading portfolio into tomorrow, with around 40% cash.

I am heavy commodities with a TQQQ position so I expect to yield about 0.75% at the open. The best course of action might be to sell everything but TQQQ and then add some stocks for the real move higher. Although I must admit, this plan doesn’t appeal to my cerebral side.

Nevertheless, the stated goal on moves higher is to ensure you are positioned into stocks that will participate in the move. This is not rocket science you fucking faggots — but simply a matter of buying high market cap stocks that will receive institutional buyers. To curate my list, I looked for larger capped stocks down more than 10% the past week. I will most likely sprinkle in much higher risk stocks based upon alpha screens in Stocklabs tomorrow. Providing the rally fades, I will throw all of these ideas out the window and do whatever the market is telling me to do.

My list, as of now.

(STOCK/ 2 WK RETURN)

NVDA -23%
BAC -10%
BABA -13%
UNP -11%
AMD -21%
NOW -12%
SHOP -16%
SQ -11%
FDX -11%
MCHP -15%
(GIVEN THE LARGE NUMBERS OF SEMIS — I MIGHT JUST BUY SOXL)
DD -11%
COIN -25%
BILL -14%
GNRC -15%
AA -10%
ETSY -18%

Fuck, you get the point. Looking at this carnage, admittedly, makes me have second thoughts. PLAN B will be to ditch the idea of a multi-day rally in exchange of ripping trades and then cashing up. To be honest, I am much better in real time, as my ideas formulate as the day progresses. I feeeeeel like we should get an oversold bounce. NASDAQ futs are +75 as I write this — but the technical damage is in fact very severe and the news is atypical and not your standard run of the mill headwind.

I managed my holdings today like the professional that I am. Whilst many of you were caught short this morning, I was sublimely balanced and my losses were no more than 40bps throughout the entire day. Into the morning rip, a great many of you believed and got HOOKED into a rip tide directly into the mouth of a shark. I patiently observed the market, held my UVXY and TZA until green — and then I switched sides and bought a moderate sized position in TQQQ — due to the oversold flag inside Stocklabs.

I do not feeeeel good about doing this — but I am also long several commodity plays which may or may not serve as a hedge against a weak market. We haven’t been seeing great action in the oils, but certainly better than most areas of the market now.

I ended +76bps in trading +185bps in Quant and 40% cash.

If we dive lower in the morning, I will most likely buy the dip — not because I am bullish — but out of respect for the sublime harmony of mathematical precision (SHOMP) that is Stocklabs.

I TOLD YOOOO NOT TO GET INVOLVED WITH DAT. This is what happens when the bulls get that exuberance going. You see this shit getting drilled?

Shit is getting killed now — 5% OFF THE HIGHS — in a session born out of hell — tossed unto the laps of the true believers to hold and to burn.

Believing in the bull comes at a great expense. The only way to win here is to not believe in the fairy tales they tell you and to instead prepare for a total cataclysm and destruction of western finance — the absolute and final crash to end all crashes.

More later.

Peace talks have failed. Both the Russians and the Ukrainians acknowledge as such. The EU and America is going all in depleting their own stocks of weapons in order to give them to Ukraine to fight for them by proxy. At this point, the west might as well just commit their own men and risk their own cities in order to defeat Russia. The way things are going now, it’s only a matter of time before Russia gets their shit together and advances deeper into Ukraine.

Ukraine girds for Russian offensive in the eastern regions and Moscow says there will be “no pause” in fighting, now in its 48th day, until the settlement is reached

The ramifications of this war upon the west will be much greater than markets are discounting. The idea we are to celebrate +8.5% CPI data on a day when war is raging and getting worse is in fact comical. LISTEN TO ME NOW: batten down the hatches and hedge yourselves and do not fall victim or prey to fanciful ideas such as prosperity and peace. A new dark age is upon you — wrought onto you by feminized men and masculine women — and the only way out is through it.