Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

ProudMNDemocrat

(19,306 posts)

10. The problem is that TRUTH SOCIAL has no solid foundation.

Reply to SouthernDem4ever (Original post)

Fri Mar 29, 2024, 07:25 AM

Mar 2024

No actual product. No assets or solid reputation to speak of say like an IBM, Walmart, Best Buy, etc. No actual product. Unlike Facebook, who has a value in the BILLIONS with advertisers, Truth Social is just a name. The bottom is going to collapse sooner than later. Anyone invested in this scam will lose millions and the stock will be worthless.

Owning 60% of NOTHING is still NOTHING.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

DJT stock hits turbulence: More volatility ahead for Trump's high-flying Truth Social [View all] SouthernDem4ever Mar 2024 OP

Was interesting Traildogbob Mar 2024 #1

Totally disinterested observer here. Arthur_Frain Mar 2024 #2

I am hoping it dumps out waaay before he gets to cash in. SouthernDem4ever Mar 2024 #3

Me too Traildogbob Mar 2024 #4

A prime stock to short, if you have the capital to make the calls..... OAITW r.2.0 Mar 2024 #5

The fish is going to stop flopping at some point. While it's flopping, it's best to stay away from it. Gore1FL Mar 2024 #6

meme stocks. mopinko Mar 2024 #7

Basically, It's value is based on arbitrary popularity and not the underlying actual value. Gore1FL Mar 2024 #11

got it. ty mopinko Mar 2024 #13

Guru Fundamental Report for DJT Celerity Mar 2024 #8

The whole thing seems like a money laundering, pump and dump scheme. Vinca Mar 2024 #9

and a way to funnel money from the fundies, mopinko Mar 2024 #14

The problem is that TRUTH SOCIAL has no solid foundation. ProudMNDemocrat Mar 2024 #10

It's a meme stock with no basis to its valuation.... Happy Hoosier Mar 2024 #12

For this thread LetMyPeopleVote Apr 2024 #15