Current Events > Trump's Truth Social stock plunges 25% after posting a big loss for 2023

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CADE_FOSTER
04/01/24 9:03:18 PM
#51:


Sec gonna get his ass to you know shady shit is going down
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bobspacethespacecow
04/01/24 9:05:04 PM
#52:


thank god the reddit IPO is going well

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BtCV
Passersby were amazed by the unusually large amounts of blood.
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Kradek
04/01/24 11:02:55 PM
#53:


It's lost everything they gained from their initial opening and it's come to light that last year Truth made 4m in revenue and lost 52m, I believe. I know it has 16m alone in operational costs.

It makes sense, why would businesses on a large scale want to associate or have anything to do with a social media platform that was created for the sole purpose of Trump being as toxic as he wanted? lmao

The best part is the more it loses value the more Trump loses value as well, and him selling his share in order to pay for his legal fees will ultimately hurt the MAGAts who have been artificially boosting its performance in the market due to their participation.

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My metal band, Ivory King, has 2 songs out now - allmylinks.com/ivorykingtx (all of our links there so you can choose which one you'd prefer to use)
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JuanCarlos1
04/01/24 11:16:12 PM
#54:


He cant sell any stock for now, right? Still some people made themselves very rich over this pump and dump and some lost s good chunk of money...though they probably dont care as much since they see it as a donation to Trump.

But being valued at billions with so little revenue coming in is hilarious.

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Mas dicen, que en las dimensiones de nuestro ser... hay muchos detalles por conocer...
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TyVulpine
04/01/24 11:19:55 PM
#55:


JuanCarlos1 posted...
He cant sell any stock for now, right? Still some people made themselves very rich over this pump and dump and some lost s good chunk of money...though they probably dont care as much since they see it as a donation to Trump.

But being valued at billions with so little revenue coming in is hilarious.
That's Trump to a T. Everything he touches dies.

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Insert some witty line here
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SpawnShadow
04/01/24 11:24:52 PM
#56:


JuanCarlos1 posted...
He cant sell any stock for now, right? Still some people made themselves very rich over this pump and dump and some lost s good chunk of money...though they probably dont care as much since they see it as a donation to Trump.

But being valued at billions with so little revenue coming in is hilarious.
Not unless the board gives him explicit permission to sell it early. But seeing as the board of Trump Media are all bootlicking toadies who were installed in their positions due to their blind loyalty toward Donald Trump rather than their financial acumen...
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