$54.20/Share CASH For Our ‘Twitter’ (TWTR) Shares Will Be In Our Accounts, Monday, Oct. 30, 2022, Per Fidelity.

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by Anura Guruge
on October 28, 2022

Click to ENLARGE. Screen shot from one of my Fidelity accounts — YESTERDAY.
Click to ENLARGE. Same account. TWTR has GONE. Fled the coup.

Twitter (TWTR) stock is NO MORE. TWTR has fled the coup. TWTR is now a private company, with NO publicly traded shares. The TWTR symbol stopped trading at ‘close of markets’ yesterday, i.e., Thursday, October 27, 2022. Since I knew this was going to happen, I took the TOP screenshot as a memento.

As I was expecting TWTR stock was gone this morning.

I expected to find CASH. Alas NO cash as yet.

Instead, the temporary ‘place holder’ — shown in 2nd image.

I had a quick online CHAT with Fidelity to find out when I could expect my cash — i.e., $54.20 per share. They say it should be Monday. So, I am passing that on.

I never really owned TWTR stock. I bough a FEW, in the Summer, when they had been beaten down — IN THE HOPE that Elon Musk will be forced to buy them at $54.20. Well, it paid off. SMILE. Done a few of these, i.e., ‘distressed stock’, trades over the years. Made out most times, but lost a few also. But, this was good. 16% in this year’s market is sure better than a kick in the teeth. Wouldn’t you agree.

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