Could the stock price of Truth Social be an indicator of who will win the election?

[ElmerMudd]

Could the stock price of Truth Social be an indicator of who will win the election?
Truth Social stock had increased in value based on the feeling that Trump would win the election. Trump as President would be great for Truth Social.
But the past few days Truth Social stock has plummeted. Trump has lost $2.4 billion in stock value.
Does that mean people think Trump is going to lose the election?

Trump loses $2.4 billion in net worth after his social media stock implodes right before the election

Former President Donald Trump’s social media stock is plunging just ahead of the election, cutting deeply into Trump’s net worth.

www.aol.com

 

[White 6]

Could the stock price of Truth Social be an indicator of who will win the election?
Truth Social stock had increased in value based on the feeling that Trump would win the election. Trump as President would be great for Truth Social.
But the past few days Truth Social stock has plummeted. Trump has lost $2.4 billion in stock value.
Does that mean people think Trump is going to lose the election?

Trump loses $2.4 billion in net worth after his social media stock implodes right before the election

Former President Donald Trump’s social media stock is plunging just ahead of the election, cutting deeply into Trump’s net worth.

www.aol.com

If I had any stock in that company, I would be dumping it now, instead of waiting. There are lots of good stocks, with good fundamentals (unlike truth social), so his truth is not worth rolling the dice on.

 

[JLW]

Truth Social has all its chips placed on one individual. The decline of the share price is probably a very good indication that its investors are getting very nervous. If Trump loses the company will be worthless.

Might be a good short.

 

[MarcATL]

Truth Social has all its chips placed on one individual. The decline of the share price is probably a very good indication that its investors are getting very nervous. If Trump loses the company will be worthless.

Might be a good short.

Trump is going to lose.

Update your stock portfolio accordingly.

 

[luiza]

I gamble big and love Mr Trump .

But I would not dream of betting for / on him .

And , regardless , betting on the lesser of two Evils has never inspired me as sound or even "right" .
And as a wager it has no value for money which is the guiding principle for winning wagers .

 

[yidnar]

If I had any stock in that company, I would be dumping it now, instead of waiting. There are lots of good stocks, with good fundamentals (unlike truth social), so his truth is not worth rolling the dice on.

especially stock in companies that utilize cheap chicom labor eh comrade ?