Truth social pyramid scheme loses over 2 billion since march 26
- Thread starter dirtydaveiii
- Start date
A few have made a lot of money on this MEME stock. The idiots that got caught in the frenzy and bought high are already are losing a lot. The stock [ company ] is worth zero as in ZERO, Having said that if you want to gamble there is some chance that the gamblers can drive the stock up again.
If I want to gamble I go to the casino- if I want a roller- coaster ride i go to the midway.
All the graphs I've seem are somewhat misleading since they show a narrow price range making things look steeper. On the other hand at the beginning of the week Don Poorleone stood to make $3 billion on his stock and by the end of the week it was down to a billion. There are still about 24 weeks to go, though. I think of Kool and the Gang: Get down! Get down
...It's actually worse less than 0 They should pay you to buy it. There are only so many morons in the stock market. I can't see anything happening other than further declines. Massive losses for an upstart social media company is as bad as it gets. There is nothing they can do to get traction at this point. Not even giving away Trump sneakers, bibles or NFTs. This company has already peaked and now has 500k subscribers. I think a sizable amount of those are trolls and bots
Just checked, and it's down nearly 11% right now. And I'm not sure I'd call it a meme stock like GameStop. GameStop was a viable business with a track record of success and earnings. Truth is so new and small, and competing against entrenched services like Twittter/X or ones with deep pockets in Threads. But Trump's cultists are going to lose their shirts, then find a way to blame it on Biden or the democrats. Fuck, Jim Jordan apparently wants to grill advertisers why they are buying ads on Truth....
Down 11% today but 52% since the IPO.
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The scholars at Trump University say Truth Social is a great investment. If you buy $500 worth of DJT stock, you get a free Trump Bible, personally signed by two great right-wing Christian warriors.............................Donald Jesus Trump and Vladimir Putin!
I think this is one of the scholars.
