RE: the DOD contract thing
Posted on: December 3, 2024 at 09:48:32 CT
meatiger MU
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Just commenting and not reading the tweet and throwing out random stuff.
I think the tweet way oversimplified everything
Watching CNBC and they showed some of the details. Basically they would give Elon 10% of the shares, so on a EPS basis, everyone gets shaved by 10%.
So I could understand a shareholder being diluted to be upset.
Given the ruling was a small book , it does appear more complicated than how it is portrayed, which is no surprise at all.