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re: I thought Truth Social was going to fail?

Posted on 3/24/24 at 1:57 pm to
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 3/24/24 at 1:57 pm to
quote:

What a stupid argument. You are trying to shite on Trump as he is making $3.5 billion,


Trump isn’t getting cash. He’s getting stock that should have that value and he’s locked up for some period of time. His only hope is that his diehard maga weirdos hang in there (HODL!) and keep the value up until he can start selling.
This post was edited on 3/24/24 at 1:58 pm
Posted by Diseasefreeforall
Member since Oct 2012
5591 posts
Posted on 3/24/24 at 2:20 pm to
quote:

Trump isn’t getting cash. He’s getting stock that should have that value and he’s locked up for some period of time. His only hope is that his diehard maga weirdos hang in there (HODL!) and keep the value up until he can start selling.

He's got a 6 month lockup so it may work out for him but Truth Social is a garbage stock like most SPACs.

The company made $3.8 million in ad revenue through 9 months last year and was burning $50 million in cash but still has a market cap of $1.37 billion, which is ludicrous.

At some point it's gonna go timber so look out below when that happens. This thing will crash eventually.
Posted by UncleFestersLegs
Member since Nov 2010
11007 posts
Posted on 3/24/24 at 4:31 pm to
quote:

Trump isn’t getting cash. He’s getting stock that should have that value and he’s locked up for some period of time
how long are your billions locked up mcduck?
Posted by BayouBaw84
Thibodaux
Member since Oct 2016
1197 posts
Posted on 3/24/24 at 6:53 pm to
quote:

Trump isn’t getting cash. He’s getting stock that should have that value and he’s locked up for some period of time. His only hope is that his diehard maga weirdos hang in there (HODL!) and keep the value up until he can start selling
Trump definitely grabbed you or your wife by the pussy at some point. You are dying of TDS.
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