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Utopia Talk / Politics / DJT anyone dumb enough to buy
Im better then you
2012 UP Football Champ
Thu Mar 28 16:57:37
http://www.cnbc.com/quotes/DJT?qsearchterm=djt

trading at $66 pershare at one point

EPS -.69
PE -89.67
ROE -9.86%
EBITDA 36.273 million
Debt to Equity 2.33%

Market cap 8.393 Billion
Rugian
Member
Thu Mar 28 17:43:55
Seems to be pretty average for a social media company actually.

Compare that to Reddit, which also just went public:

EPS -0.57
P/E -86.34
EBITDA -126.459M
Net Margin -11.30%

Traded for $75 a share at one point.

http://www.cnbc.com/quotes/RDDT
kargen
Member
Thu Mar 28 18:22:44
So for around $60 you can get one share of Truth Social or one Trump Bible.
tumbleweed
the wanderer
Mon Apr 01 11:31:56
"
Truth Social just released their 8-K, so the SEC mandated disclosures where you can't lie without commiting a crime. Lots of focus on the dollars, which are hilarious: Just over $4.1 M in revenue, $58M in costs.
"
http://twitter.com/joshtpm/status/1774826709142966727

w/ losses higher in 2023 than 2022... & entire value derived from 1 person/cult leader (even acknowledged by them by naming the stock DJT)... when he dies the value does what?

(+ there's the fact it's a more-exact-than-Chinese rip-off clone of a pre-existing site)

quality product from a quality guy
murder
Member
Tue Apr 02 19:59:25

You can't make this shit up.

--------------------------------

Trump Sues Truth Social Company Co-Founders to Zero Them Out

(Bloomberg) -- Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group Corp., claiming they set the company up improperly and shouldn’t get any stock in it.

http://fin...-founders-truth-190328312.html
tumbleweed
the wanderer
Tue Apr 02 21:46:48
the one nice thing is that he can never be happy
murder
Member
Wed Apr 03 08:20:12

The one nice thing is that the dumbshits who support him keep getting taken to the cleaners. I hope he wins the lawsuit and they get cleaned out. :o)

tumbleweed
the wanderer
Wed Apr 03 11:15:21
here's one of the suckers (intentionally @ 5:37):
http://youtu.be/Ud3btbISggA?si=Ji3Yz6itQENmCi5G&t=337

clearly falling for scams by both Trump & the fellow criminals who just prey on his gullible cult
tumbleweed
the wanderer
Thu Apr 04 11:34:47
Trump embracing that he is the only thing of value on the platform:

"
All of the competitors to TRUTH SOCIAL, especially those in the Radical Left Democrats Party who are failing at every level, like to use their vaunted “disinformation machine” to try and convince people, and it is not easy to do, that TRUTH is not such a big deal and doesn’t “get the word out” as well as various others, which they know to be false. I THINK TRUTH IS AMAZING! First of all, it is very solid, having over $200,000,000 in CASH and ZERO DEBT. More importantly, it is the primary way I get the word out and, for better or worse, people want to hear what I have to say, perhaps, according to experts, more than anyone else in the World. My TV ratings are by far the highest, and my Rallies are not equaled, even close, anywhere or by anyone. Look, I had hundreds of millions of followers on various platforms, and could have them back again, but was cancelled for largely political reasons. Those platforms all want me back…They need me back! On Truth I have 7,000,000 followers……

Page 2: Very good for a startup, and growing fast. But when I put out a statement or message, it is SPREAD all over the place, fast and furious. EVERYBODY SEEMS TO GET WHATEVER I HAVE TO SAY, AND QUICKLY. At press conferences I will sometimes ask, “who is on TRUTH.” I have never had one reporter tell me they are not. They are all on TRUTH because the have to be. So don’t believe the FAKE NEWS. Until I came along and exposed them, they were respected and believed. Now they are the exact opposite. With the Russia, Russia, Russia HOAX. and all of the others, people get it. Look, using TRUTH, I became the Republican Nominee for President of the United States, and in record time! When I ENDORSE a politician on TRUTH, they almost ALWAYS WIN. If it didn’t work, or properly get the word out, I wouldn’t use it - But it does work, and work really well - And the fun is just getting started!!!
"
----------------

of course they need him to just claim it's great as they are purposely hiding all usage info, an actual claim from them:

"TMTG believes that adhering to traditional key performance indicators, such as signups, average revenue per user, ad impressions and pricing, or active user accounts including monthly and daily active users, could potentially divert its focus from strategic evaluation with respect to the progress and growth of its business."

so unlike others, they are giving no info about how (poorly) it's performing... & as to Trump being everything, i agree, & his posts get only about ~10k likes & that's w/ nearly everyone on the platform a cultist (or bot)
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