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General Discussion >> America >> truth social is worthless
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Message started by Sprintcyclist on Sep 15th, 2024 at 10:01pm

Title: truth social is worthless
Post by Sprintcyclist on Sep 15th, 2024 at 10:01pm




Quote:
............ Truth Social, went public in late March, its stock price was at $66.22. As of Friday, it is down to $22.81. Last quarter, TMTG reported over $16 million in losses and less than a million dollars in revenue. .........

.........  if Trump loses the election the value of his media company "becomes negligible. I can't say necessarily that it goes to zero, but it declines even more dramatically from where it is right now." ..............


https://www.newsweek.com/donald-trump-biographer-tim-obrien-net-worth-election-loss-1944002

this was in August. Current price is $17.97.
Significant as many investors do not touch a 'penny dreadful' stock.
Less than $20 was the figure about 8 years ago for a penny dreadful stock.

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