Rocket Man

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Oct 20, 2023

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ANECDOTE

Bought Shares Targeting $54.20

I bought Twitter shares in the $30–$40 range aiming for $54.20 per share.
I followed legal and media signals and increased exposure as my conviction grew.

INSIGHT

Public Remarks Move Markets

Elon Musk's public comments during a Tesla call pushed Twitter's price in after-hours trading.
Market-moving remarks from key actors can sharply alter merger-arb spreads.

INSIGHT

Bot Claim Looked Like A Pretext

Musk's demand to prove bots <5% was not a clear contractual exit for the merger.
Traders viewed the bot claim as a negotiating pretext rather than a legal basis to void the deal.

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