Truth Social shares go into freefall after investors learn how much money it really makes

[Yellowtail]

1 minute ago, placeholder said:

The thing about truth social is it's a meme stock. Its fortunes for now follow what Trump fans believe his chances are to win the Presidency. But these considerations have nothing to do with the company itself is financially viable. Its membership is relatively small, it hasn't grown lately, engagement is down, it's burning through cash, and income is negligible. What does it offer as a real business that makes anyone believe it's going to be self-sustaining?

Bla bla bla. It's been in "freefall" for six months

[Yellowtail]

Where is the bottom? Oh, the humanity! 

 

 

 

[Yellowtail]

Wow, it got quiet in here,,,,

 

[bendejo]

Go short above $65.

 

 

[illisdean]

15 hours ago, Yellowtail said:

Wow, it got quiet in here,,,,

No, no yet....

 

 

[RuamRudy]

21 hours ago, Yellowtail said:

Wow, it got quiet in here,,,,

 

 

Maybe everyone is so gobsmacked at how a business with such 

bad financial metrics is defying gravity? 

[connda]

Buy The F$*&ing Dip  (BTFD)

[Yellowtail]

Still in freefall...

[farang51]

4 hours ago, Yellowtail said:

Still in freefall...

Yep, down to 55% of the value since your earlier post October 28th. Then 45.07 and now 24.92. I hope you didn't buy too many back then.

[KhunLA]

Only 3.6 yrs and up 150+%  

 

Don't you hate when you only average 40+% a year on your investments

[CallumWK]

1 hour ago, KhunLA said:

Only 3.6 yrs and up 150+%  

 

Don't you hate when you only average 40+% a year on your investments

Yes cherry picking to hide the truth (pun intended) is what MAGA is good at.

 

[Yellowtail]

6 hours ago, CallumWK said:

Yes cherry picking to hide the truth (pun intended) is what MAGA is good at.

 

The title of the thread is: "Truth Social shares go into freefall after investors learn how much money it really makes", and it was posted April 2, 2024. 

 

So, it's been in freefall for over a year.

[Eric Loh]

26 minutes ago, Yellowtail said:

The title of the thread is: "Truth Social shares go into freefall after investors learn how much money it really makes", and it was posted April 2, 2024. 

 

So, it's been in freefall for over a year.

The stock price could drop to $2 a share warned experts. Company management has expressed substantial doubt on their ability to meets its liabilities. They will have to merge or find additional fundings or face insolvency and bankruptcy. Many small investors has been and will be hurt. 

[CallumWK]

5 hours ago, Yellowtail said:

The title of the thread is: "Truth Social shares go into freefall after investors learn how much money it really makes", and it was posted April 2, 2024. 

 

So, it's been in freefall for over a year.

 

Nope, it has been in freefall since the day it was listed on the stockmarket in January 2022.

 

So begs the question why some troll comes here to claim it has gained by 151.61 % since that day