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Truth Social Stock has Become A Bullshit Stock

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bver_hunter

bver_hunter

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Nov 5, 2005
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Trump has been boasting about how good this so called Truth Social Stocks have been. It hit a high of over $60, however, investors have given up on it.
Now it is hovering near the $10 basis points!!

Trump Media plummets 10% as post-lockup selloff picks up steam

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www.cnbc.com
 
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The Oracle

The Oracle

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Mar 8, 2004
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On the slopes of Mount Parnassus, Greece
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silentkisser

Master of Disaster
Jun 10, 2008
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I'm no stock picker, but I've read that many pros thought it was massively overvalued considering its lack of users and revenue. Hard to disagree. And I wonder how much Trump appearing with Musk on X hurt Truth. If I was a shareholder, I would be livid that he went to the competitor instead of doing that on Truth. Honestly, as much as I think those who pumped their life savings into this stock are idiots....I actually feel bad for them. This is just another grift for the Trump clan. He'll slowly sell off his stake, and add to his wealth...But unless Truth can turn shit around, they'll be out of business in like 3 years (and that is generous).
 
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