They wish they'd bought more when they had the opportunity.Amazon lost millions for years...gee, I wonder what people who dumped their shares in THAT because it wasn't instantly profitable are thinking now?
Don't be like them...
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They wish they'd bought more when they had the opportunity.Amazon lost millions for years...gee, I wonder what people who dumped their shares in THAT because it wasn't instantly profitable are thinking now?
I’ve got some Enron, if you’re interested.Buy, baby, buy!
Hey STUPID. I did go to college and have done very well for myself.You may not educable but most people are.
Schools should require several years of logic. Critical thinking skills.
Just how imagine how you would have benefited. You'd have had a complete differant life.
Being stupid must have really sucked.
Awful stock! And no sympathy for anyone who invested in it without knowing the numbers.Down 8% this morning.
But you can’t carry it. Gold hits a new high!Really? I'm comfortably retired with a home in Florida and a home in Colorado. I think my investing has been spot on over the years. I don't chase hot stocks. More money has been made investing in real estate in this country than any other means. It's a tangible asset. You can touch it...you can walk it.
Well that will come in handy, when Trump screws them.If I may offer a better, safer investment. It's Vaseline. Seriously.
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So your point is also that the vast majority of successful business WERE NOT unsuccessful at the beginning.My point was that some of the most successful businesses were wildly UNSUCCESSFUL at first
Most of these folks are trusting and hard working, and don't even see it coming. Blind faith never ends well.
Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 — pretty much his “whole nest egg,” he said.
That nest egg has lost about half its value in the past two weeks as Trump Media & Technology Group’s share price dropped from $66 after its public debut last month to $32 on Friday. But McLain, 71, who owns a tree-removal service outside Oklahoma City, said he’s not worried. If anything, he wants to buy more.
“I know good and well it’s in Trump’s hands, and he’s got plans,” he said. “I have no doubt it’s going to explode sometime.”
For shareholders like McLain, investing in Truth Social is less a business calculation than a statement of faith in the former president and the business traded under his initials, DJT.
Even the company’s plunging stock price — and the chance their investments could get mostly wiped out — doesn’t seem to have shaken that faith. The company has lost $3.5 billion in value since its public debut last month.
As a business, Trump Media has largely underwhelmed: The company lost $58 million last year on $4 million in revenue, less than the average Chick-fil-A franchise, even as it paid out millions in executive salaries, bonuses and stock.
And in two years, Truth Social has attracted a tiny fraction of the traffic other platforms see, according to estimates from the analytics firm Similarweb — one of the only ways to measure its performance, given that the company says it “does not currently, and may never, collect, monitor or report certain key operating metrics used by companies in similar industries.”
But for some Trump investors, the stock is a badge of honor — a way to show their devotion beyond buying Trump merchandise, visiting Trump golf courses or donating to Trump’s presidential campaign.
Cash stream? Amazon was losing millions for years.
All shares in all companies bring risk, but we all know the negativity about Truth Social's shares is the Lefties dislike of Trump.My point was that some of the most successful businesses were wildly UNSUCCESSFUL at first! Whether Truth Social is successful or not is yet to be seen. Is declaring it a bad investment at this point is based on your dislike of Trump or your dislike of the business model?
All shares in all companies bring risk, but we all know the negativity about Truth Social's shares is the Lefties dislike of Trump.
All shares in all companies bring risk, but we all know the negativity about Truth Social's shares is the Lefties dislike of Trump.