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Started By
Message
So how's that Truth Social going?
Posted on 4/9/24 at 2:25 pm
Posted on 4/9/24 at 2:25 pm
[/url][/img] Donald Trump's Truth Social stock plummeted even further today, after taking a severe beating last week when it dropped from a peak of $79 per share to under $50, it is now circling the drain at $36 per share.
The Trump Media stock is tied directly to the former disgraced President's fortunes, which peaked last week at $5.2 billion and tumbled all the way down to $2 billion.
But Trump is besieged with legal fees because of his own inability to stop defaming E. Jean Carroll, as well as a $464 million dollar judgement against him for fraud.
The fact that the company has a very limited (and shrinking) user base, and only a a couple of million in revenue vs. losses of $58 million is sending investors running for the door.
MAGA!
10
Posted on 4/9/24 at 2:26 pm to Ray Ray Rodman
Probably better than your EBT/Snap benefits.
Posted on 4/9/24 at 2:27 pm to Ray Ray Rodman
Sounds like a buying opportunity
Posted on 4/9/24 at 2:33 pm to Ray Ray Rodman
Pump, meet Dump
Posted on 4/9/24 at 2:33 pm to kingbob
quote:
Sounds like a buying opportunity
Bingo. It's on sale.
Posted on 4/9/24 at 2:35 pm to Ray Ray Rodman
I like reading articles that don't give any political bias. Thanks for posting. /S
Posted on 4/9/24 at 2:36 pm to Ray Ray Rodman
This is the most unbiased financial analysis I’ve ever read. Kudos.
Posted on 4/9/24 at 2:37 pm to Ray Ray Rodman
Little Ray is full on creaming his pants today.
It would be funny, if it wasnt so sad.
It would be funny, if it wasnt so sad.
Posted on 4/9/24 at 3:01 pm to Ray Ray Rodman
quote:
So how's that Truth Social going?
as of today, closed at 37.47, its price has more than doubled from its IOP of $18
the only ones who are going to be losing on that stock are the idiots like you shorting it
most investors understand how stocks work and profit taking, maybe you should go ask your mommy to explain it to you
This post was edited on 4/9/24 at 3:06 pm
Posted on 4/9/24 at 3:19 pm to Ray Ray Rodman
Everything touches turns to ?? eventually, facts whether u believe it or not, toxic businessman
Posted on 4/9/24 at 3:40 pm to Ray Ray Rodman
quote:
MAGA!
It’s almost like you mock people who want to see our country in better shape
I honestly don’t get you stupid fricking liberals. Our country would be so much better without y’all.
And no, idgaf about truth social or any other type of social media
This post was edited on 4/9/24 at 3:41 pm
Posted on 4/9/24 at 4:06 pm to Ray Ray Rodman
quote:
So how's that Truth Social going?
You're the only one who seems to care.
Why??
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