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FOXNEWS FOX and Friends June 4, 2024 10:53:00

brian: here we go. a fox news alert now. this is how we woke up today. elon musk says his twitter deal is temporarily on hold after the social network reports fake accounts on the site make up less than 5% of active users. the host of making money on fox business charles payne. charles, 5% does not seem like a lot. what do you think he is getting at? you know, brian, let s say you went to your local grocer and you wanted to buy 100 eggs for a good price. and you say listen, i will pay you now for 100 eggs. how many are broken? the guy says 5% or less. okay. i will give you x amount of money then you buy them and find out 10% of them are broken. same kind of thing here. how much is twitter worth if a large degree of the actual accounts. its worth what its accounts are ....

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FOXNEWS FOX and Friends June 4, 2024 11:03:00

There. this could just be negotiating ploy. listen. went to your local grocer and wanted to buy 100 eggs, okay, for a good price, and you say listen, i will pay you now for 100 eggs. how many are broken? and the guy says well, 5% or less. okay. i will give you x amount of money then buy them no, 10% are of them are broken. same sort of thing here. how much is twitter worth if a large degree of the actual, you know, accounts it s worth what its accounts are. it s worth what the eyeballs are worth what the daily average user account is if most of them are fake. not most of them but a large percentage. i think it s well over 5%. what s going on here is elon musk is probably trying to get a better price. steve: you never know. and what he is responding to is the fact that twitter has said that 95% of the accounts are real. but, elon musk, who, you know, when he made that offer, twitter stock was, i think about 20% higher. and he is starting to think ....

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