Unfortunately, Trump will still likely come out much richer than he was before. It’s still nice to see.
Dumping the stock as soon as possible was always the plan, this is just money laundering through an acquisition company.
“We are going to have a crash, and we’re going to have a crash like a 1929" I guess in some sense he was right.
My guess, the stock price was propped up by dodgy foreign donors. And he’s looking less and less like a worthwhile investment.
Less and less? They had revenue of 3 million with loss of like 30 million. With a 3 billion dollar market cap it makes no sense.
Oh, they weren’t investing for a direct monetary return, I’m sure. Anyone with eyes could see Truth Social is a dumpster fire.
No, they were looking for political returns, and those are looking more and more risky.
Pump and dump. Makes perfect sense.
+1
Never attribute to malice that which is adequately explained by wanting to make money.
This was never more than a ploy to launder foreign money, it does feel pretty brazen for the CEO and COO to cash out before Trump.
It seems to me, all the bag holders should have grounds to sue them, I’m sure atleast a few of them will.
The big question: will Trump himself pull the rug as soon as he’s legally allowed to?
There’s a rule that any question in a headline can be answered “No.” This is the rare exception when the answer is “No shit, of course he will.”
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Predictable if you’re not in a weird cult
i wonder what this will mean for the upcoming Truth streaming service
“What upcoming streaming service? We never said anything about a streaming service.”
“But if we did it would’ve been uuuuuge.”
That thing still exists lmao
Most people on their are just trolling Trump. I log in their every now and then to troll him. 😁