October 4, 2022

Y M L P-260

Business the wise choice

Jeff Sica Reacts to Elon Musk Not Joining Twitter’s Board

Investor Jeff Sica remarked on Monday that Elon Musk is either going to get Twitter to “conform” or will “burn it to the floor.”

This arrives as Musk has made the decision not to join Twitter’s board of directors immediately after all just after getting the social media company’s major shareholder.

Showing on Fox Business enterprise with Stuart Varney, Sica, the head of Circle Squared Choice Investments, mentioned:

To say I’m not the biggest Twitter admirer in the world is probably a understatement. I really pray each day for Twitter to go out of business enterprise. That was until Elon Musk bought his almost 10 % share. Then I started to have this degree of hope perhaps he would convert Twitter a beacon of free of charge speech.

This, the events over the weekend, it was a full-time job this weekend pursuing Elon Musk’s tweets and what I’ve come to the conclusion of is there’s heading to be two eventualities that are going to unfold here. Either Elon Musk figuratively is going burn Twitter to the ground or he’s likely to convert this sinking ship.

So what I feel he is going to do is he is going to continue to complain. He is going to continue to speak his peace and try to get them to conform. If not, he’s going to go war against them and what that war is going to involve is holding his share placement above their heads and he can provide this stock down if he chooses to.

View higher than, by way of Fox Business.

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