re: Trump — I don’t plan to use Truth Social shares to secure New York bond.

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Believe it or not, Truth is actually doing quite well for what it’s supposed to be

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Truth Social has a good line-up of conservative voices. It's kind of like AM talk radio for the Internet.

“Please explain in detail why it’s not”

Market cap is 1.4 billion.. will soon be issuing more shares.. I think the dilution is going to be 4. So the share value should go down after dilution but market cap remain same… and presently the lower number of shares are maintained by small percent of interested people. Not sure how much investors growth there is beyond politics.. Not uncommon for spacs to take a big a big hit after the formal conversion to a stock because people start actually looking and business metrics.. presently dwac is losing money ( as most spac do)…
The next six months will be critical..
The reason he can not sell for six months is common.. ( usually more time required) it is to prevent the guys putting the company together doing a pump and dump ..
he says I do not plan.. I think it is more accurate to say he can not use them …yet…

Xwitter has half a billion users and is valued at about $14.5B.

Truth has nearly 9M users.

So, either Xwitter is undervalued, or Truth is overvalued.

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presently dwac is losing money

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How is DWAC losing money? The stock is up 140% since the IPO. The company only has 3 employees. They have almost no overhead, because their only business purpose was to take Trump public, which they did.
The market cap of DWAC is $1.4B based on just the value of the stock.

They aren't burning cash. They have no R&D or huge payroll. I'm not following you unless you mean that the stock price is down on Friday, but like I said, the stock IPO was $16/share and went public in Sept 2021.

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Meme stock. Where’s the value? Where’s the revenue?

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The revenue is Truth Social and Trump Media & Technology Group. Do you really think Truth Social has no potential for growth and revenue?

Meme stock? I'm not sure you know what that is.

You do realize it traded at 97 dollars share once…. I member a bunch of people like mgt bragging about buying in .. it was in the 80 then

This is the life of a spac….

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How does Facebook or Xwitter generate revenue?

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Advertising. Now you go…

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Name another "meme" stock that has maintained 140% gains over 2 years.

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I can name several meme stocks that had outsized valuations relative to actual value. I’ll start with DWAC. The maga weirdos believe!!!

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Advertising. Now you go…

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This is how Truth will generate income.

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I can name several meme stocks that had outsized valuations relative to actual value. I’ll start with DWAC. The maga weirdos believe!!!

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You can't name any that have held 140% gain over 2 years. When does it cease to be a meme stock?

Sounds like you just hate Trump and want anything he does to fail.

Spacs do not ipo at 16… they start at 10… you buy early when people are speculating and pessimistic and get in below 10. You get in after the initial announcement and ride the hype…
Or you buy warrants and hope the spac finds a business and if it happens and get the share before signing with a company for way under ten… or if they find no company to take them they close the door and you lose all money gambled on the warrants… but get you ten dollars back plus interest on your spac purchase..