No disagreement there.
Yesterday down 8%.
Today reporting 238 Million US$ loss.
And also announcing a way to get insider information.
The Orange Peril’s business activities seem to vary between skating on the very edge of the law and plunging headfirst into outright criminality and assuming that he will, as always, just get away with it. It’s an interesting business model that few can emulate, and most aren’t crooked enough to want to try.
Truth Social will eventually collapse but in the meantime the Orange Peril will have raked in a few more billions from the rubes.
Trump Media sued over $100K Truth Social scheme
A president selling priority access to news he himself generates for the benefit of a private company he controls is so blatantly corrupt and unconstitutional that it would have been hard to even fathom just a few years ago
From that link.
after Trump Media reported more than 10 Wall Street firms had agreed to pay up to $100,000 monthly for early access to the 80-year-old president’s posts
AFAIK, It’s also illegal to pay for inside information.
MS NOW reached out to the White Houseand to Trump Media for comment but did not receive an immediate response.
Well, of course not. They didn’t pay for early access.
You know, I think it’s been to represent the price per share in terms of something other than a dollar. Right now, one share of Truth Social would buy less than a gallon and a half of diesel.