Truth Social Shares Go Into Freefall After Investors Learn How Much Money It Really Makes

[konradv]

Good. In the morning the pumpers will buy just enough to get more dumb money in and then dump. This will go on for a few days until the true believers have been fleeced.

Aren’t you telling this to a pumper?

 

[Crepitus]

trumps little social media platform lost over a billion of it's inflated worth today. Some folks are waking up to the fact that a company with 4 million in revenue and 60 million in losses isn't a wise investment.

Expect the price to fall to near zero over the next few weeks.

Trump Media stock tanks as new filing reveals heavy losses, 'greater risks' on Trump's involvement

After a strong debut last week, shares of Donald Trump's media company were under pressure Monday after meager sales and deep losses were revealed in a new filing with the SEC.

finance.yahoo.com

 

[yidnar]

trumps little social media platform lost over a billion of it's inflated worth today. Some folks are waking up to the fact that a company with 4 million in revenue and 60 million in losses isn't a wise investment.

Expect the price to fall to near zero over the next few weeks.

Trump Media stock tanks as new filing reveals heavy losses, 'greater risks' on Trump's involvement

After a strong debut last week, shares of Donald Trump's media company were under pressure Monday after meager sales and deep losses were revealed in a new filing with the SEC.

finance.yahoo.com

tell us how much is Briben worth ... even with the millions in Chicom bribes he's worth billions less than Trump .

 

[Rawley]

trumps little social media platform lost over a billion of it's inflated worth today. Some folks are waking up to the fact that a company with 4 million in revenue and 60 million in losses isn't a wise investment.

Expect the price to fall to near zero over the next few weeks.

Trump Media stock tanks as new filing reveals heavy losses, 'greater risks' on Trump's involvement

After a strong debut last week, shares of Donald Trump's media company were under pressure Monday after meager sales and deep losses were revealed in a new filing with the SEC.

finance.yahoo.com

How much have you invested in a short sell?

 

[OhPleaseJustQuit]

trumps little social media platform lost over a billion of it's inflated worth today. Some folks are waking up to the fact that a company with 4 million in revenue and 60 million in losses isn't a wise investment.

Expect the price to fall to near zero over the next few weeks.

Trump Media stock tanks as new filing reveals heavy losses, 'greater risks' on Trump's involvement

After a strong debut last week, shares of Donald Trump's media company were under pressure Monday after meager sales and deep losses were revealed in a new filing with the SEC.

finance.yahoo.com

.

From yahoo finance!

How impressive!



Look how well informed the leftists are, folks!

.

 

[okfine]

That chump below doesn't give a damn if it fails for the other investors

"Hey, don't blame me for your losses"

 

[Marener]

How much have you invested in a short sell?

It’s already being shorted heavily on the market and the borrowing rates are very high.

Best bet is to leave it alone. There’s a lot of ways to make money in this bull market. No need to gamble, especially when the MAGA acolytes are never going to behave rationally.

 

[Rawley]

It’s already being shorted heavily on the market and the borrowing rates are very high.

Best bet is to leave it alone. There’s a lot of ways to make money in this bull market. No need to gamble, especially when the MAGA acolytes are never going to behave rationally.

Well, Crepitus seems quite convinced. Literally asking him how money has he put where his mouth is.

 

[whitehall]

The only thing that seems to be collapsing is the U.S. economy and confidence in the doddering old fool in the W.H. . Trump used to build things and meet a payroll before he became president. Old Joe never had a real job that didn't involve picking the pockets of taxpayers.

 

[okfine]

The only thing that seems to be collapsing is the U.S. economy and confidence in the doddering old fool in the W.H. . Trump used to build things and meet a payroll before he became president. Old Joe never had a real job that didn't involve picking the pockets of taxpayers.

What things did he build?

 

[Oddball]

3rd, 4th thread on this?

 

[Marener]

Well, Crepitus seems quite convinced. Literally asking him how money has he put where his mouth is.

There’s little doubt the stock is overvalued. The question is whether you can make money off of it. It’s a lot harder to make money on a short sell when everyone and their mom is doing the same thing.

 

[JGalt]

trumps little social media platform lost over a billion of it's inflated worth today. Some folks are waking up to the fact that a company with 4 million in revenue and 60 million in losses isn't a wise investment.

Expect the price to fall to near zero over the next few weeks.

Trump Media stock tanks as new filing reveals heavy losses, 'greater risks' on Trump's involvement

After a strong debut last week, shares of Donald Trump's media company were under pressure Monday after meager sales and deep losses were revealed in a new filing with the SEC.

finance.yahoo.com

The whole market dropped today, dipshit.

 

[RhodyPatriot]

The only thing that seems to be collapsing is the U.S. economy and confidence in the doddering old fool in the W.H. .

Every poll shows the majority of Americans rank this economy as poor to incredibly poor.

But none of that matters to TDS inflicted Leftards.

The fate of the American economy and the millions who rely on it to provide them sustenance is secondary to the fate of a Orange Man's stock.

They'd let their neighbor drown if it meant Trump might catch a cold.

Truly sick, loathsome creatures.

 

[Crepitus]

tell us how much is Briben worth ... even with the millions in Chicom bribes he's worth billions less than Trump .

Ah, a deflection. A sure sign you know I'm right.

 

[Crepitus]

How much have you invested in a short sell?

I have a broker to manage that stuff.

 

[Crepitus]

That chump below doesn't give a damn if it fails for the other investors

View attachment 925813

"Hey, don't blame me for your losses"

The value will be near zero before the holds expire.

 

[Crepitus]

The only thing that seems to be collapsing is the U.S. economy and confidence in the doddering old fool in the W.H. . Trump used to build things and meet a payroll before he became president. Old Joe never had a real job that didn't involve picking the pockets of taxpayers.

The economy is going balls out, and tRump is pretty famous for not meeting payroll.

 

[Crepitus]

Every poll shows the majority of Americans rank this economy as poor to incredibly poor.

false

 

[EvilEyeFleegle]

As the plunge continues, one must note that Trump is still ahead of the game, thus far.

Trump's social media company loses billions in value as stock price swings wildly

Trump's media company dipped below its opening stock price on Monday. The company, which runs Truth Social, has disclosed mounting losses.

www.cbsnews.com

Former President Donald Trump's fledgling media business is losing its sheen among investors a week after going public, with a sharp reversal in the company's stock price lopping $4 billion off its value.
The plunge in Trump Media & Technology Group's shares, which debuted on the Nasdaq Composite Index on March 25 under the ticker "DJT" (after the former president's initials), comes as it disclosed mounting losses in a regulatory filing. The company also noted that its accountant had issued a warning that its losses "raise substantial doubt about its ability to continue as a going concern."
Shares of Trump Media & Technology Group, whose primary asset is the Truth Social platform, tumbled $13.30, or 21%, to $48.66 on Monday. That's below its opening price last Monday of $49.90 per share, and represents a 39% plunge from the stock's high of $79.38 on March 26.
Still, the stock remains higher than before a deal that took Trump's media company public last week. The shares had previously traded under the name Digital World Acquisition Corp., a shell company designed to take Truth Social public. Even after Monday's dip, the stock has surged 178% this year.
Trump, who owns 57% of the newly public company, has lost $2.5 billion — at least on paper — because of the stock slide. His stake is now worth $3.8 billion, down from $6.3 billion at the stock's peak last week.