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


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Posted
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

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Posted
21 hours ago, Yellowtail said:

Wow, it got quiet in here,,,,

 

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Maybe everyone is so gobsmacked at how a business with such 

bad financial metrics is defying gravity? 

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