# The Truth Social Share Price Contest

**URL:** <https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371>\
**Category:** In My Humble Opinion\
**Created:** [April 16, 2024, 6:26pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371 "2024-04-16T18:26:21Z")\
**Posts on this page:** 10\
**Page:** 3

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**Author:** ![DSeid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dseid/32/20194_2.png) [@DSeid](https://boards.straightdope.com/u/DSeid)\
**Post date:** [August 14, 2024, 7:34pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/41 "2024-08-14T19:34:18Z")

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It’s finding some support above its previous April low of $22.84. Got down to $23.34 this morning before moving slightly up. I _suspect_ that if it gets below that support level it will go into freefall.

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**Author:** ![OldOlds](https://avatars.discourse-cdn.com/v4/letter/o/a3d4f5/32.png) [@OldOlds](https://boards.straightdope.com/u/OldOlds)\
**Post date:** [August 14, 2024, 7:45pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/42 "2024-08-14T19:45:45Z")

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I think the whole thing is a bet that if Trump is elected, he’ll try to force agencies to use TS instead of Xitter.

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**Author:** ![Loach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/loach/32/350_2.png) [@Loach](https://boards.straightdope.com/u/Loach)\
**Post date:** [August 14, 2024, 9:09pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/43 "2024-08-14T21:09:16Z")

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> [@DSeid](#):
>
> It’s finding some support above its previous April low of $22.84. Got down to $23.34 this morning before moving slightly up. I _suspect_ that if it gets below that support level it will go into freefall.

On Robinhood it shows for their customers it’s still a net buy. A little softer than it’s been in the last few months but still about 20%. Hedge funds are basically at zero. I’m no expert but I take that to mean it’s being propped up by MAGA retail buyers. I doubt it will go into freefall unless he loses the election.

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**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\
**Post date:** [September 4, 2024, 6:53pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/44 "2024-09-04T18:53:01Z")

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Not at fifteen yet…

[https://www.nytimes.com/2024/09/04/business/trump-media-stock-truth-social.html](https://www.nytimes.com/2024/09/04/business/trump-media-stock-truth-social.html)

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**Author:** ![2nd\_Law](https://avatars.discourse-cdn.com/v4/letter/2/f475e1/32.png) [@2nd\_Law](https://boards.straightdope.com/u/2nd_Law)\
**Post date:** [September 4, 2024, 10:30pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/45 "2024-09-04T22:30:03Z")

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16.98 -1.10 (-6.08%)

At close: 04:00PM EDT

Could sink below 15 tomorrow at this pace.

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**Author:** ![Pardel-Lux](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pardel-lux/32/20182_2.png) [@Pardel-Lux](https://boards.straightdope.com/u/Pardel-Lux)\
**Post date:** [September 11, 2024, 2:21pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/46 "2024-09-11T14:21:15Z")

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Looks like it could reach 15$ today, it has fallen 2.93$ today so far, only 0.70 to go:  
[![](https://i.imgur.com/XNUsZWe.png) ](https://i.imgur.com/XNUsZWe.png)  
That would be over 3 months later than I predicted in post 22.  
The “markets” seem to shout that they did not like tanTrump’s performance in the debate yesterday. That is good news for me.

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**Author:** ![2nd\_Law](https://avatars.discourse-cdn.com/v4/letter/2/f475e1/32.png) [@2nd\_Law](https://boards.straightdope.com/u/2nd_Law)\
**Post date:** [September 22, 2024, 3:39am UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/47 "2024-09-22T03:39:04Z")

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Looks like it sank below 15 on 9/19.

Currently:  
13.55 -1.15 (-7.82%)

At close: September 20 04:00PM EDT

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**Author:** ![Hari\_Seldon](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hari_seldon/32/5173_2.png) [@Hari\_Seldon](https://boards.straightdope.com/u/Hari_Seldon)\
**Post date:** [September 23, 2024, 9:30pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/48 "2024-09-23T21:30:09Z")

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Just read it is currently $12.15. Sinking fast.

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**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\
**Post date:** [October 31, 2024, 1:58am UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/49 "2024-10-31T01:58:15Z")

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In the news…

> **[Trump loses $1.3 billion in net worth after the worst-ever day for his social...](https://www.cnn.com/2024/10/30/business/trump-stock-truth-social/index.html)**
>
> After a ridiculous spike over the past five weeks that had absolutely nothing to do with the company’s actual business, former President Donald Trump’s social media stock is suffering a sudden setback.

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**Author:** ![Loach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/loach/32/350_2.png) [@Loach](https://boards.straightdope.com/u/Loach)\
**Post date:** [November 1, 2024, 12:39am UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/50 "2024-11-01T00:39:21Z")

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> [@Dr\_Paprika](#):
>
> In the news…
> 
> [https://www.cnn.com/2024/10/30/business/trump-stock-truth-social/index.html](https://www.cnn.com/2024/10/30/business/trump-stock-truth-social/index.html)

Sure but it’s up considerably from where it was the post before yours. Definitely some weird shenanigans going on.

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