# How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)} **URL:** \ **Category:** In My Humble Opinion\ **Tags:** trump\ **Created:** [March 22, 2024, 1:23pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202 "2024-03-22T13:23:05Z")\ **Posts on this page:** 1\ **Showing post:** 244
**Author:** ![Measure\_for\_Measure](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/measure_for_measure/32/557_2.png) [@Measure\_for\_Measure](https://boards.straightdope.com/u/Measure_for_Measure)\ **Post date:** [April 12, 2024, 12:15am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/244 "2024-04-12T00:15:08Z")
> [@Euphonious\_Polemic](#): > > I’m not very knowledgeable about these things, but it’s my understanding that short sellers, when they want to close a short position, they repurchases the shares at the lower price, thus making a profit. An article length discussion of short squeezes is here: > **[Short Squeeze: Definition, Causes, and Examples](https://www.investopedia.com/terms/s/shortsqueeze.asp)** > > A short squeeze occurs when the price of a stock moves sharply higher, prompting traders who bet its price would fall to buy it to avoid greater losses. Discussion of shorting a stock and buying call options is in the other Truth Social thread. > [@Would shorting DWAC be free money?](https://boards.straightdope.com/t/would-shorting-dwac-be-free-money/999411): > > Since the company that merged with Truth Social is being propped up by Trump cult members, it seems to me that selling it short, if I knew how to do that, would just be free money. It valuation is now something like 1000 times its revenue. Should I figure how to sell short or buy put options or something? Why isn’t everyone already doing that? Note: I see there’s [this thread](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion/999202) already open, but I thought this is taking enough of a different tack that it could stand separately. I’m fine to be over… --- _[View the full topic](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202)._