- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: I thought Truth Social was going to fail?
Posted on 3/24/24 at 2:20 pm to cwill
Posted on 3/24/24 at 2:20 pm to cwill
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.
0
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News