LogFAQs > #979908974

Scardude posted...

This means trump is losing money too?

More like "making less money".
It cost him nothing to create Truth Social, nor did he put in any work to create it. It's literally just a giant pile of money falling into his lap for existing, and now he's getting 60% less (and dropping!) of the initial inflated "value" it had during the Pump phase. We are now in the Dump phase.
Entirely possible he'll try to dupe his rube followers into a 2nd Pump right before the 6 month delay before he can sell his shares kicks in, which would be close to election time when he has the most media attention possible, so there's a good chance he'll pull off a 2nd pump & dump and escape w/ more cash. He'd also piss off his own people right before the election, but...they're gimps who'll take it, let's be honest.