Truth Social - Going Broke?

[TandT69]

In the meantime, DJT's wealth went up almost 2 billion last week alone! And now hes talking about buying Communist News Network for pennies on the dollar, and or the New York Times! Life is good, unless you are a Trump hater! NOTHING CAN STOP WHATS COMING! Is everyone paying close attention to the trials?

 

[Fuzzy1975]

In the meantime, DJT's wealth went up almost 2 billion last week alone!

And dropping by the hour as his Truth Social stocks drop even lower....

And now hes talking about buying Communist News Network for pennies on the dollar, and or the New York Times!

Trump talks about a lot of stuff.

Life is good, unless you are a Trump hater!

You might be correct, life's good for me, and I don't hate Trump.

NOTHING CAN STOP WHATS COMING!

True, nothing is stopping the future.

Is everyone paying close attention to the trials?

Nice to notice the plural.

 

[doowdniw]

Losing $327M on revenue of $770k in the first quarter. Nothing to see here.

 

[Bray123]

Life is good, unless you are a Trump hater! Is everyone paying close attention to the trials?

It's comforting to note that you're enjoying life now that Trump is out of power.
To answer your question, You bet that we've been paying attention. Did you see what happened with his only witness? He admitted trying to blackmail Cohen into backing down, using unveiled threats. Then Trump did what we all knew he would - he took the fifth like any other mobster.

 

[ishtat]

Losing $327M on revenue of $770k in the first quarter. Nothing to see here.

Digging deeper, most if not all of that $770,000 in Revenue came via pacs and superpacs associated with the Trump re-election campaign. Trading a company's stock when insolvent is illegal, so why is the NYSE allowing the company to continue trading. Practically every SE in the world would have taken the stock off the Boards by now: Moscow might be an exception.

 

[MajorRewrite]

Losing $327M on revenue of $770k in the first quarter. Nothing to see here.

The technical term is “Trumpian losses of bigly proportions”.

 

[Lazaran]

You might be correct, life's good for me, and I don't hate Trump.

“I don’t hate Trump” either.



I do hate rapists, racists, traitors, fascists, and major criminals.





OK, maybe I do hate Trump.

 

[ishtat]

And in case you forgot, Devon Nunes salary for running Truth Social was $750,000 last year and obviously because of his success in raising more revenue it has been raised to $ 1 million this year.

 

[HisArpy]

Digging deeper, most if not all of that $770,000 in Revenue came via pacs and superpacs associated with the Trump re-election campaign. Trading a company's stock when insolvent is illegal, so why is the NYSE allowing the company to continue trading. Practically every SE in the world would have taken the stock off the Boards by now: Moscow might be an exception.

Or, perhaps the company isn't insolvent.

Pesky thing intelligence. It makes some people think about actual facts while others foam at the mouth and rail at the sky impotently.

 

[Bray123]

Trump will never be totally insolvent while he's being backed by Russia, China and Saudi.

 

[Fuzzy1975]

Or, perhaps the company isn't insolvent.

Pesky thing intelligence. It makes some people think about actual facts while others foam at the mouth and rail at the sky impotently.

TS Net Income decreased 39.94% since last year and decreased 17285.82% since last quarter.

insolvent meaning:

A person or organization that is insolvent does not have enough money to pay their debts.

So you are technically correct, TS is not insolvent, but how much longer can it bleed money, until it is?

 

[Fuzzy1975]

You haven't explained anything except to show that you're not a stock trader and don't understand the stock market at all.

lol hows TS doing today...$34.91. Damn you're a fucking Genius in the market eh?

 

[jaF0]

rump Loses $267 Million Over Weekend as Truth Stock Plunges​

Shares in the former president's social media company declined in value this weekend.

 

[Bray123]

https://www.tipranks.com/stocks/djt

Come on you cultists, invest now! Support your local billionaire! Remember, he doesn't care about you, he only wants your vote (plus your money obvs).

 

[DeluxAuto]

 

[stxjimmy]

View attachment 2357762

Didn’t realise trump skiis.

 

[Fuzzy1975]

View attachment 2357762

Many experts say it will reach the depths of around $3-$4 a share by winter. The company fundamentals are and have been all negative.It is only speculation that drives the price.

 

[dkovic77]

Many experts say it will reach the depths of around $3-$4 a share by winter. The company fundamentals are and have been all negative.It is only speculation that drives the price.

As long as it’s in place to help relay orders to the Proud boys on the grounds of the Capitol…that’s all it’s purpose is for. They don’t care about the valuation, when it will be the thing used to help complete their takeover.

 

[Fuzzy1975]

As long as it’s in place to help relay orders to the Proud boys on the grounds of the Capitol…that’s all it’s purpose is for. They don’t care about the valuation, when it will be the thing used to help complete their takeover.

I can't see TS folding up shop till after the Nov election. If Trump wins I expect the shares to climb.If he loses, then it will tank out before X-mas.

 

[dkovic77]

I can't see TS folding up shop till after the Nov election. If Trump wins I expect the shares to climb.If he loses, then it will tank out before X-mas.

He will need it to coordinate the troops, win or lose. Besides, there are always idiots who will give to support their “hero”.

 

[butters]

According to Google Finance data, as of June 21, the price of a share, traded under the ticket "DJT," has plummeted to $26.75, down 14.56 percent on the price it was valued at on Thursday.

This price is close to the level the stock was valued at on April 16 when it dipped to $22.84, which in turn was the lowest the share price had been since January 16, when it was at $22.35. The stock has also consistently dipped in value every day since June 12.

https://www.msn.com/en-us/money/top...&cvid=48ee75116f6c44279b2df19ee3550e57&ei=110

 

[HisArpy]

https://www.msn.com/en-us/money/top...&cvid=48ee75116f6c44279b2df19ee3550e57&ei=110

rump Loses $267 Million Over Weekend as Truth Stock Plunges​

Shares in the former president's social media company declined in value this weekend.

Apparently in your world it's perfectly acceptable to gloat over other people losing money because of political animas.

BTW, Truth Social is still above it's initial IPO share price. I also believe that eventually the SEC will determine that it's been unlawfully manipulated and will punish the trading houses involved.

 

[dkovic77]

https://www.msn.com/en-us/money/top...&cvid=48ee75116f6c44279b2df19ee3550e57&ei=110

What?!?!?!? Real news source says what??

Go on….

@BabyBoomer50s You see this one?

@Rightguide look a legit source, this is what they look like…I know you can’t tell the difference.

 

[domroger]

https://www.msn.com/en-us/money/top...&cvid=48ee75116f6c44279b2df19ee3550e57&ei=110

Still overpriced by $26.74.

 

[Fuzzy1975]

Apparently in your world it's perfectly acceptable to gloat over other people losing money because of political animas.

BTW, Truth Social is still above it's initial IPO share price. I also believe that eventually the SEC will determine that it's been unlawfully manipulated and will punish the trading houses involved.

You live in a fucking world of fantasy....

https://www.cnbc.com/2024/06/20/djt-trump-media-stock-price-today.html

The IPO offer was $36 (and change) a share. It's now trading around $27 a share. Yes it's true that before the IPO, the valuation of shares was around $17 dollars (before the merger). But since share prices are now below the IPO, he only people making money on paper are the founding investors. Everyone who bought shares after the IPO has lost money.

As to your claims on manipulation....the company made 11 million in revenue and had 58 million in expenses. The only manipulation was by the idiot investors.....thinking those are good business fundamentals....