Founder & CEO Bond Angle, LLC, Bond Angle, LLC

Vicki Bryan

Founder & CEO Bond Angle, LLC

Bond Angle, LLC

Insightful commentary and analysis on bond markets and market movers, including financial, economic, and industry catalysts and management shenanigans. 

High yield market investment research

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<ul>
<li>I warned Elon Musk wouldn't help his beleaguered banks via refi of billions in losing LBO debt they foolishly fronted him to buy Twitter.</li>
<li>He can't even stop setting it and himself on fire every day.</li>
<li>Now he admits Twitter is being killed by the advertiser boycott he again caused—but takes no responsibility for his incendiary actions.</li>
</ul>


I warned Elon Musk wouldn't help his beleaguered banks via refi of billions in losing LBO debt they foolishly fronted him to buy Twitter.
He can't even stop setting it and himself on fire every day.
Now he admits Twitter is being killed by the advertiser boycott he again caused—but takes no responsibility for his incendiary actions.


Elon Musk's "Global Sewer" May Derail Bankers' Trying To Finally Dump Toxic Twitter LBO Debt

<ul>
<li>New owner Elon Musk is blowing up Twitter in record time by driving away revenue, gutting headcount to levels unable to sustain the platform, and accelerating its legal jeopardy. </li>
<li>With Twitter now hurling toward bankruptcy, it's also running out of cash as well as places to get it.</li>
<li>Too bad Elon also has already has caused hundreds of millions in losses for Twitter's beleaguered bankers and his fellow equity buyers who he caused to "obviously" overpay. </li>
</ul>


New owner Elon Musk is blowing up Twitter in record time by driving away revenue, gutting headcount to levels unable to sustain the platform, and accelerating its legal jeopardy. 
With Twitter now hurling toward bankruptcy, it's also running out of cash as well as places to get it.
Too bad Elon also has already has caused hundreds of millions in losses for Twitter's beleaguered bankers and his fellow equity buyers who he caused to "obviously" overpay. 


TMT & Consumer Independent Equity Research Analyst, Obex Capital Research

Aaron Gabin

TMT & Consumer Independent Equity Research Analyst

TMT & Consumer Independent Equity Research

Obex Capital Research

“Obex” is Latin for Barriers to Entry. Obex Capital Management’s investment philosophy is driven by an intense focus on which business model’s Barriers to Entry are able to withstand the ever increasing competitive disruption in the TMT and Consumer Sectors.

Equity Bottom-Up

Meta Platforms (Facebook) / Equity Bottom-Up

<ul>
<li>TikTok's business model advantage: short form video creates greater signal for algorithmic addiction is forcing rivals to react (where possible).</li>
<li>META is best positioned to copy TikTok, and is trading at a valuation approximating cable networks during cord cutting.</li>
<li>Netflix is worst positioned... as YouTube, Instagram, and Snap incorporate TikTok's short form video, more attention will be drawn away from the streaming services. Tough spot to be in.</li>
</ul>


TikTok's business model advantage: short form video creates greater signal for algorithmic addiction is forcing rivals to react (where possible).
META is best positioned to copy TikTok, and is trading at a valuation approximating cable networks during cord cutting.
Netflix is worst positioned... as YouTube, Instagram, and Snap incorporate TikTok's short form video, more attention will be drawn away from the streaming services. Tough spot to be in.


Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/twitter-inc" target="_blank" data-smartkarma-citation="entities:667:1" rel="noopener">Twitter Inc (TWTR US)</a> announced a poison pill in a press release Friday with details in an <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/a286d5af-613e-47a2-bfb2-97fb2423dd5c.pdf" target="_blank" rel="noopener">8-K</a> Monday. It will dividend out one right/share on record date 25 April. </li>
<li>The right would allow Rightsholders, under certain conditions, to purchase $420 of shares for $210. That number is not a coincidence. </li>
<li>Some will get upset by this, but there is a lot of fine print. And I review how the poison pill fits into Delaware hostile defence standards.</li>
</ul>



Twitter Inc (TWTR US) announced a poison pill in a press release Friday with details in an 8-K Monday. It will dividend out one right/share on record date 25 April. 
The right would allow Rightsholders, under certain conditions, to purchase $420 of shares for $210. That number is not a coincidence. 
Some will get upset by this, but there is a lot of fine print. And I review how the poison pill fits into Delaware hostile defence standards.


Twitter Launches Its Poison Pill - Now We Wait

<ul>
<li>Elon Musk has apparently sent a letter to Bret Taylor, Chairman of the Board of Twitter, saying he would make a bid for 100% of Twitter at US$54.20/share. </li>
<li>Get it? Get it? Nudge nudge wink wink. That's all part of the fun for him. </li>
<li>The question is whether this bid, which creates problems of whether one should take it seriously vs literally, or vice versa, engenders more discussion about how the platform makes money.</li>
</ul>


Elon Musk has apparently sent a letter to Bret Taylor, Chairman of the Board of Twitter, saying he would make a bid for 100% of Twitter at US$54.20/share. 
Get it? Get it? Nudge nudge wink wink. That's all part of the fun for him. 
The question is whether this bid, which creates problems of whether one should take it seriously vs literally, or vice versa, engenders more discussion about how the platform makes money.


United States

Twitter, Inc. provides online social networking and microblogging service. The Company offers users the ability to follow other users activity, read, and post tweets. Twitter serves customers worldwide.

Twitter Inc (TWTR US)

Elon Musk's "Global Sewer" May Derail Bankers' Trying To Finally Dump Toxic Twitter LBO Debt

As I warned in November, Bloomberg reports today Elon Musk refused to rework disastrous loans Banks funded for him buy Twitter which have cost them...

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Elon Is "Saving" Twitter To Death

I warned last year Elon Musk would siphon cash & resources from his other companies, especially Tesla, to fund his failing Twitter operation—likely...

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TMT Pre-2Q Earnings: The TikTok Impact

TikTok is wreaking havoc on the advertising and streaming ecosystems by stealing attention. META is best positioned to respond, NFLX is least well...

Aaron Gabin

Twitter Launches Its Poison Pill - Now We Wait

Twitter has launched a poison pill. This may end up in court where the Unocal standard will likely need to be met, but there is ample precedent. In...

Travis Lundy

Elon Musk Bids for All of Twitter 🤯

10 days after reporting a 9% stake and 5 days after deciding not to take a board seat, Elon Musk has made a non-binding "best/final" bid for...

Travis Lundy