Stick A Fork In It...Truth Social Is Done

QP! said:
I would say there is less than a 5% chance Trump makes any money from this stock.

When his zero cost base stock, and that of other Insiders is about to start trading, the bid will go down to $0 and the trade volume will also go to near zero. That is very much the norm for a company as bankrupt as TS is.

His only real chance to get a profit from his stock is if some foreign actor (russian/Saudi?) wants to buy the stock in what is called a cross (or By Appointment), where they cite the lack of volume as not reflecting a 'fair market price' and they can then set the price they are willing to pay, if the seller is also willing to sell, and they do the deal directly, bypassing the stock market bid/ask process.

But without that, it is almost certain the stock will plummet to near zero with no buyers in the market willing to touch it.
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The sooner TrumpCO implodes, the better.
 
Geeko Sportivo said:
Truth Social has always been a Shell company sourced and propped up by Chinese, Russian, and 3rd world, Trump Supporting lenders and investors.

When they went public, it was bolstered by Hedge Fund Investors and DAY TRADERS that are closer to BULLSHIT rather than BULLS, because they only wanted to take a QUICK ride on the stock while Trump is popular in the polls.

The stock's success totally depends on Trump's success in his quest to become president. As Trump's Campaign wanes in popularity, so will the TRUTH SOCIAL stock. The parachuting has already begun!

The company is under investigation by the SEC for regulation violations now as we speak.

RISKY BUSINESS FOLKS!

ABRA-CADA-BRA!!!!! NOW YOU SEE IT- NOW YOU DON'T!
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More insane and baseless conspiracy theories.
 
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