Dowbocop wrote:twitter.com/RonFilipkowski/status/1772425495310737774
TOTALLY CLEARS THE GREEN! THANK YOU!
Dowbocop wrote:twitter.com/RonFilipkowski/status/1772425495310737774
TOTALLY CLEARS THE GREEN! THANK YOU!
Dowbocop wrote:twitter.com/RonFilipkowski/status/1772425495310737774
TOTALLY CLEARS THE GREEN! THANK YOU!
Grumpy David wrote:Tomous wrote:Truth Social has gone public and skyrocketed in price.
This is going to be a huge problem. Best case is Trump is operating a pump and dump scheme. Worst case and more likely, this is going to be a way for foreign entities to funnel cash to him while bypassing the correct channels.
It's not a Pump & Dump scheme, it's just an out of control memestock:TMTG has never turned a profit. The company, which operates the social media platform Truth Social and plans to launch a streaming service in the next year lost $49mn in the first nine months of last year and took in $3.4mn in revenue.
The valuation is pricey for a company that has racked up tens of millions of dollars in losses since launching in 2021. Social media firm Reddit is valued at about $8 billion following its recent initial public offering. It had more than $800 million in sales last year. Trump Media's Truth Social platform generated $3.3 million in revenue during the first nine months of 2023.
Completely illogical that it should be valued at 5 billion.
Trump can't cash out until 6 months have passed so he needs it to hold at the current market valuation.
Albert wrote:Grumpy David wrote:Tomous wrote:Truth Social has gone public and skyrocketed in price.
This is going to be a huge problem. Best case is Trump is operating a pump and dump scheme. Worst case and more likely, this is going to be a way for foreign entities to funnel cash to him while bypassing the correct channels.
It's not a Pump & Dump scheme, it's just an out of control memestock:TMTG has never turned a profit. The company, which operates the social media platform Truth Social and plans to launch a streaming service in the next year lost $49mn in the first nine months of last year and took in $3.4mn in revenue.
The valuation is pricey for a company that has racked up tens of millions of dollars in losses since launching in 2021. Social media firm Reddit is valued at about $8 billion following its recent initial public offering. It had more than $800 million in sales last year. Trump Media's Truth Social platform generated $3.3 million in revenue during the first nine months of 2023.
Completely illogical that it should be valued at 5 billion.
Trump can't cash out until 6 months have passed so he needs it to hold at the current market valuation.
Cool, then tell me what I should do? I've made 150% so should I now sell?
Grumpy David wrote:Albert wrote:Grumpy David wrote:Tomous wrote:Truth Social has gone public and skyrocketed in price.
This is going to be a huge problem. Best case is Trump is operating a pump and dump scheme. Worst case and more likely, this is going to be a way for foreign entities to funnel cash to him while bypassing the correct channels.
It's not a Pump & Dump scheme, it's just an out of control memestock:TMTG has never turned a profit. The company, which operates the social media platform Truth Social and plans to launch a streaming service in the next year lost $49mn in the first nine months of last year and took in $3.4mn in revenue.
The valuation is pricey for a company that has racked up tens of millions of dollars in losses since launching in 2021. Social media firm Reddit is valued at about $8 billion following its recent initial public offering. It had more than $800 million in sales last year. Trump Media's Truth Social platform generated $3.3 million in revenue during the first nine months of 2023.
Completely illogical that it should be valued at 5 billion.
Trump can't cash out until 6 months have passed so he needs it to hold at the current market valuation.
Cool, then tell me what I should do? I've made 150% so should I now sell?
Stonks only go up. HODL.
Squinty wrote:Trump is apparently selling 60 dollar bibles now
Xeno wrote:Squinty wrote:Trump is apparently selling 60 dollar bibles now
https://godblesstheusabible.com/
Erm, yeah.
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Xeno wrote:Squinty wrote:Trump is apparently selling 60 dollar bibles now
https://godblesstheusabible.com/
Erm, yeah.
.Oblomov Boblomov wrote:We're in for some really scary, theocratic nationalist gooseberry fool at the end of this year, aren't we?
Scenario 1: Trump wins – this is an extremely, extremely bad scenario in which he goes full psychopathic dictator as the Commander in Chief of the most powerful country in the world
Scenario 2: Biden wins – Trump's deranged followers are simply not going to accept it, and the insurrection we saw in 2020 will look like a playground scrap in comparison to what they will do
Obviously, we hope for Scenario 2, that its consequences are brought quickly under control, and the country somehow finds a way to move on under a second Biden term. But it's going to be ugly
Tomous wrote:There is also of course the scenario that 1 of them dies between now and the election, which is the wildcard.