Truth Social

[Rajoo]

Originally Posted by RickeyM

Gotta love who's in charge of his marketing. First it was the MAGA hats. Then the MAGA hats with #45 on the sides. Then came the MAGA hats with 45-47 on them.

Next will be 91 on the sides.
If he can monetize his mug shot, why not the number of indictments.
"I am the first President to score 91 indictments, no one even comes close".
In small print: "You are the only POTUS with any indictments".

[finnbow]

Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million.

https://variety.com/2024/digital/new...ss-1236010937/

[finnbow]

The U.S. Securities and Exchange Commission sued the former CEO of the blank-check company that merged with Trump Media, accusing him of lying about his firm’s plans to combine with Donald Trump’s social media startup.

Patrick Orlando allegedly lied in public filings when he said his company, Digital World Acquisition Corp., had not contacted any possible merger targets and had no specific merger plans...

https://www.cnbc.com/2024/07/18/sec-...k-orlando.html

[finnbow]

Truth Social is imploding bigly. It's now under $20 after topping out over $70.

Phillip Juhan, Trump Media’s chief financial officer and treasurer, recently disclosed selling $1.9 million worth of stock. Trump Media’s general counsel Scott Glabe, chief operating officer Andrew Northwall and chief technology officer Vladimir Novachki made smaller sales last week too.

Even Devin Nunes, the former Republican congressman who now serves as Trump Media’s CEO and president, dumped $632,000 worth of stock last week.

https://www.cnn.com/2024/08/29/busin...h-social-stock

[RickeyM]

Originally Posted by finnbow

Truth Social is imploding bigly. It's now under $20 after topping out over $70.

Phillip Juhan, Trump Media’s chief financial officer and treasurer, recently disclosed selling $1.9 million worth of stock. Trump Media’s general counsel Scott Glabe, chief operating officer Andrew Northwall and chief technology officer Vladimir Novachki made smaller sales last week too.

Even Devin Nunes, the former Republican congressman who now serves as Trump Media’s CEO and president, dumped $632,000 worth of stock last week.

https://www.cnn.com/2024/08/29/busin...h-social-stock

[Noogies]

Originally Posted by finnbow

Truth Social is imploding bigly. It's now under $20 after topping out over $70.

[I]Phillip Juhan, Trump Media’s chief financial officer and treasurer, recently disclosed selling $1.9 million worth of stock. Trump Media’s general counsel Scott Glabe, chief operating officer Andrew Northwall and chief technology officer Vladimir Novachki made smaller sales last week too.

Even Devin Nunes, the former Republican congressman who now serves as Trump Media’s CEO and president, dumped $632,000 worth of stock ...

Just imagine the depths to which it will sink when Trump finally gets to unleash his position. I haven't looked into it, but I would have to guess that the short position is massive and I would have to further guess that at this point, stock would be prohibitively expensive to borrow.

[finnbow]

Originally Posted by Noogies

Just imagine the depths to which it will sink when Trump finally gets to unleash his position. I haven't looked into it, but I would have to guess that the short position is massive and I would have to further guess that at this point, stock would be prohibitively expensive to borrow.

And in doing so, it will be his ardent supporters who lose money. Trump, Nunes and the rest of the Truth Social grifters will happily pocket their losses. I read that even at a low stock price, this stands to be the most profitable Trump venture ever.

[Noogies]

Prediction: In two years it'll be trading on the Pink Sheets at a fraction of a cent.

[Chicks]

Is Trump Media & Technology Stock Heading for $0?
https://finance.yahoo.com/news/trump...134500128.html

Yes, of course - after Donny screws over anyone stupid enough to “invest” in this meme stock.

[Pio1980]

Genius businessman?
Listen to: 'Lucky Loser' dispels the myth of Trump as a self-made billionaire - https://one.npr.org/i/g-s1-23396:g-s1-23449