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

[Joes Place]

Typically only when the company thinks the stock price is inflated.

Or they need to raise capital

But that's mainly when they intend to use that capital to increase sales/expand markets/increase shareholder value...

This is not that. As already noted, this company has about the revenue numbers of a successful Chik Fil A franchise. The valuation here is bananas, and no way would any Chik Fil A with numbers like this be capable of "issuing more stock"....

 

[lucas80]

Or they need to raise capital

But that's mainly when they intend to use that capital to increase sales/expand markets/increase shareholder value...

This is not that. As already noted, this company has about the revenue numbers of a successful Chik Fil A franchise. The valuation here is bananas, and no way would any Chik Fil A with numbers like this be capable of "issuing more stock"....

DJT is like an eagle ready to soar I tells you!!!

 

[RollingBallofButcherKnives]

LOL - After the debate Biden will be exposed for the dithering dementia man he is.

I for one am hoping the debates tell us without a doubt whether JB has dementia and/or DT is stark raving mad. I predict the latter…we shall see…

 

[Rifler]

I for one am hoping the debates tell us without a doubt whether JB has dementia and/or DT is stark raving mad. I predict the latter…we shall see…

 

[CarolinaHawkeye]

I for one am hoping the debates tell us without a doubt whether JB has dementia and/or DT is stark raving mad. I predict the latter…we shall see…

I don't think we need debates to know the latter.

 

[RollingBallofButcherKnives]

I don't think we need debates to know the latter.

Probably not. But I want to see these guys talk live so there isn’t any manipulation of video…

 

[noStemsnoSTICKS]

Who puts their life savings into one stock?

trumptards.

 

[TC Nole OX]

 

[AlisonNorth80y]

I think it really highlights the importance of understanding the financial health of a company before diving into investments. It's kinda like when you think a player is gonna be a star based on one good game, but then you see their season stats and realize they've been struggling. It's always good to look at the bigger picture, right?

For those interested in trading or investing, it's super crucial to do your homework and maybe even get some guidance from platforms that offer solid advice. I recently stumbled upon proptraderhub.com, which has some pretty cool insights for traders. It's worth checking out if you're looking to get more into the trading game.

 

[RollingBallofButcherKnives]

I think it really highlights the importance of understanding the financial health of a company before diving into investments. It's kinda like when you think a player is gonna be a star based on one good game, but then you see their season stats and realize they've been struggling. It's always good to look at the bigger picture, right?

Thanks for sharing this

 

[Uniformed_ReRe]

The valuation may be unrealistic, but don't underestimate the remunerative powers of fame.

Trump could be flat broke, but then he could just send out an email to his cult begging for money and he would be a millionaire again overnight.

 

[lucas80]

The valuation may be unrealistic, but don't underestimate the remunerative powers of fame.

Trump could be flat broke, but then he could just send out an email to his cult begging for money and he would be a millionaire again overnight.

Just think of how much money he can make if he’s POTUS again. The Federalist Society just gave him a green light to monetize Truth and the WH.

 

[lucas80]

Stormy Daniels is on the Rachel Maddow Show tonight. Truth is going to be frisky tonight.

 

[Joes Place]

Just think of how much money he can make if he’s POTUS again. The Federalist Society just gave him a green light to monetize Truth and the WH.

POTUS can now "sell" any American secrets to any adversary, get billions put into his personal bank account, and never be prosecuted for those "official acts". Gets to keep all his billions of $$, too.

Because Presidents are now "above the law"....just like monarchs.

 

[fsu1jreed]

They deserve it all and then some

 

[dgordo]

 

[lucas80]

View embedded media

WEAPONIZED DOJ!!!!!

 

[VodkaSam]

$16M loss on the quarter with revenues of $836K. Yikes. Not sure how fast this tanks to -0- when Trump is able to sell his millions of shares as quickly as he can.

https://www.cnbc.com/2024/08/09/trump-media-reports-16-million-loss-for-quarter-as-revenue-falls.html

 

[RollingBallofButcherKnives]

$16M loss on the quarter with revenues of $836K. Yikes. Not sure how fast this tanks to -0- when Trump is able to sell his millions of shares as quickly as he can.

https://www.cnbc.com/2024/08/09/trump-media-reports-16-million-loss-for-quarter-as-revenue-falls.html

I have you on ignore, but buy! Rico! Buy!!!!

 

[McLovin32]

I have you on ignore, but buy! Rico! Buy!!!!

It would be better if it was "Bye Rico Bye"

 

[ericram]

This seems bad for biff media. Such a shame.

Trump Media says its second-quarter revenue plunged 30% to under $900,000

Trump Media, the owner of Truth Social, has a market value of more than $5 billion despite shrinking sales and losses.

www.cbsnews.com

 

[hawkeyetraveler]

This seems bad for biff media. Such a shame.

Trump Media says its second-quarter revenue plunged 30% to under $900,000

Trump Media, the owner of Truth Social, has a market value of more than $5 billion despite shrinking sales and losses.

www.cbsnews.com

Where do these morons think the growth is going to come from? There are only so many MAGA types that live on social media. Plus it’s not like Truth is all-the-sudden going to usurp X - especially now that Elon has moved X to the right politically.

Penny stock at best. Congrats to Trump for once again grifting the rubes, but this stock is dead man walking. It may walk for a while, but a dead man it is.

 

[hawkeyetraveler]

More for the finance types among us: at something around $4 million/year in revenue (I’m being generous) you would have to believe the discount rate on this stock is less than .1% for a terminal value calculation to ever make sense. An absolutely ridiculous rate and even that assumes stability in revenue (again I’m being generous - this thing is falling off a cliff). There is no asset I’m aware of that is safe enough to imply that type of rate in this interest rate environment, not even treasuries.

I’m using terminal value because normally you would assume some massive growth rate with an aggressive discount (like 20%+) for a tech stock. But to get that to work you have to assume exponential growth, with growth rates well north of 100% annually over a sustained number of years. Fat chance of that. During peak social media season (major election year, super divided country) revenue is shrinking.

Maybe, just maybe, when ma and pa lose a ton on this stock it will finally take the shine off Trump’s gold plated image with the lemmings.

 

[Moral]

Maybe, just maybe, when ma and pa lose a ton on this stock it will finally take the shine off Trump’s gold plated image with the lemmings.

They would probably find a way to blame the Democrats.

 

[hawkeyetraveler]

They would probably find a way to blame the Democrats.

Well everyone knows democrats are literally spawn of the devil. They are responsible for all of America’s problems: Dutch elm disease, the Kardashians, referees in last year’s Minnesota game. Just to name a few.

 

[HROT]

Where do these morons think the growth is going to come from? There are only so many MAGA types that live on social media. Plus it’s not like Truth is all-the-sudden going to usurp X - especially now that Elon has moved X to the right politically.

Penny stock at best. Congrats to Trump for once again grifting the rubes, but this stock is dead man walking. It may walk for a while, but a dead man it is.

My favorite cope is when MAGA posts early Facebook revenues as a comparison.

 

[wausauhawk]

Where do these morons think the growth is going to come from? There are only so many MAGA types that live on social media. Plus it’s not like Truth is all-the-sudden going to usurp X - especially now that Elon has moved X to the right politically.

Penny stock at best. Congrats to Trump for once again grifting the rubes, but this stock is dead man walking. It may walk for a while, but a dead man it is.

I'm guessing that if he gets elected, foreign leaders or tech bro billionaires would buy it as a way to get access to Trump. Only play/reason this thing isn't a penny stock I can think of?

 

[Formerly Rockymtnole]

I'm guessing that if he gets elected, foreign leaders or tech bro billionaires would buy it as a way to get access to Trump. Only play/reason this thing isn't a penny stock I can think of?

I think Musk will buy it if Trump wins.

 

[noleclone2]

They would probably find a way to blame the Democrats.

“It was the liberal media”

 

[MuscoHawk]

When is Trump allowed to sell?

 

[MitchLL]

More for the finance types among us: at something around $4 million/year in revenue (I’m being generous) you would have to believe the discount rate on this stock is less than .1% for a terminal value calculation to ever make sense. An absolutely ridiculous rate and even that assumes stability in revenue (again I’m being generous - this thing is falling off a cliff). There is no asset I’m aware of that is safe enough to imply that type of rate in this interest rate environment, not even treasuries.

I’m using terminal value because normally you would assume some massive growth rate with an aggressive discount (like 20%+) for a tech stock. But to get that to work you have to assume exponential growth, with growth rates well north of 100% annually over a sustained number of years. Fat chance of that. During peak social media season (major election year, super divided country) revenue is shrinking.

Maybe, just maybe, when ma and pa lose a ton on this stock it will finally take the shine off Trump’s gold plated image with the lemmings.

Great analysis.

The core basics of this never justified the artificial run up to the high of $79.
Now, at $26, many "investors" are taking a bath if they need to get out before it completely tanks.
Another grift of the weak minded.

 

[pjhawk]

I'm guessing that if he gets elected, foreign leaders or tech bro billionaires would buy it as a way to get access to Trump. Only play/reason this thing isn't a penny stock I can think of?

This is it. If Trump is elected it's another way to just flat-out bribe Trump if you're a foreign leader or business or wealthy individual.

The stock is going to be completely worthless if Trump loses. So much riding for Trump on this election! Untold Riches and impunity vs Jail and penury!

Wish the "liberal" MSM would point all this out and make it an overall theme of the campaign like they're trying to do with Walz "Stolen Honor" and Harris "won't do an interview". Of course those are major major major issues as well! Don't want to down play them!

Ack, Thpth!

 

[nu2u]

he stock is going to be completely worthless if Trump loses.

… or sooner. Trump is eligible to cash out his shares at the end of September and since he holds a majority of all shares, any move to sell will open the floor on value.

 

[ericram]

When is Trump allowed to sell?

It is set at 6 months post go live, but the board can vote to change that. That haven't yet done that

 

[CRazzle]

Im sure being on Elon's X will help Truth Socials stock a lot here.

 

[McLovin32]

Im sure being on Elon's X will help Truth Socials stock a lot here.

View embedded media

Trump trying to get more money to keep Truth Social alive...

 

[Formerly Rockymtnole]

I still think Musk will buy it. Maybe tonight.

Two major deal makers, face to face. Many are saying the best in the world. How can a deal not get done?

 

[Huey Grey]

I still think Musk will buy it. Maybe tonight.

Two major deal makers, face to face. Many are saying the best in the world. How can a deal not get done?

Whole interview will be a mirror put between the two men while they masturbate to the images of themselves.

 

[bagdropper]

What kind of honest business venture stay afloat when you have less than $1M in revenue yet have lost more than $300M? How is that even possible? What type of investor would EVER put their money into something with that kind of track record?

 

[McLovin32]

What kind of honest business venture stay afloat when you have less than $1M in revenue yet have lost more than $300M? How is that even possible? What type of investor would EVER put their money into something with that kind of track record?

That's a real good question. I'm sure all the money that's been put into it is TOTALLY LEGIT