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Gore1FL

(22,039 posts)

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

Reply to mopinko (Reply #7)

Fri Mar 29, 2024, 07:35 AM

Mar 2024

Because of that, it's unpredictable. It's like buying an NFT. Presumaby at some point, it's value will better reflect what the price should really be, but right now it's a cabbage patch/beanie baby/tickle-me-elmo stock.

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mopinko

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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