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Technology Stocks DWAC/DJT: Truth Social goes public

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To: ralfph who wrote (50)	9/20/2024 4:18:39 PM
From: Jhana	of 95

Just thirteen more days to drop $1 per day then the stock will reach true value, at least temporarily. The step after that depends on when the company formally goes into BK.

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To: Jhana who wrote (51)	9/20/2024 4:22:44 PM
From: ralfph	of 95

Lots will happen before then, there will be a burp up on some sort of development. Elon prints DJT on his thread or some sort of silliness. Got to wonder who the buyers are who keep stepping in. Reminds me of Pet Rocks or the Tulip bulb frenzie way back when.

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To: Jhana who wrote (51)	9/21/2024 5:08:51 PM
From: Dan3	1 Recommendation of 95

Re: Just thirteen more days to drop $1 per day then the stock will reach true value Respectfully, I must disagree. That would leave the stock at 55 cents. I did an analysis of the P/S value of the stock (ignoring for now the lack of any prospect of ever becoming profitable) and believe that a more reasonable valuation is between 5 cents and 8 cents. Message 34631460 You're overvaluing it by a factor of 10.... :-)

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From: Jhana	9/23/2024 9:51:24 AM
	1 Recommendation of 95

Like watching a train wreck in slow motion, except everyone knew this train would derail once it reached this point in the journey.

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From: kidl	9/23/2024 2:56:52 PM
	of 95

Trump’s social-media stock ‘DJT’ drops ahead of insider stock-sale filing deadline - MarketWatch

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From: Jhana	9/25/2024 9:49:35 AM
	of 95

Heavily shorted stocks always turn into cage fights where different herds of hedge funds do their best to wipe each other out with squeezes and more shorting. Like a pack of dogs all fighting over the same chew toy.

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To: Jhana who wrote (56)	9/25/2024 12:49:04 PM
From: ralfph	of 95

This is a perfect platform for funneling money to Donnie. And you have the loons buying single shares - be interesting to know who has been short and how large the total number of shorts there are.

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To: ralfph who wrote (57)	9/25/2024 2:29:26 PM
From: Jhana	1 Recommendation of 95

It makes a lot more sense as a money-laundering scheme than as a stock. The site has zero hopes to scale any more than it is now, so ultimately the company stock is worth nothing. Cash flow kills businesses very effectively. They run out of it.

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To: Jhana who wrote (58)	9/25/2024 3:45:01 PM
From: ralfph	of 95

Picture this, trump loses the popular vote but some whacked out state does not accept the results. donnie starts whining and throws a tantrump. The electoral college sides with donnie . donnie becomes dicktator - and DJT becomes the only source for government text communication. Might be part of a Heritage plan, although I think the plan is for JD to step in Tongue in cheek, foot in mouth - but with putin and other deep pockets in control of the republican party and tossing out a conspiracy every day, this election is far from a done deal. He loses, DJT will end up a foot note.

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To: ralfph who wrote (59)	9/25/2024 4:59:53 PM
From: Jhana	of 95

If you mean government information distribution, I doubt the site could scale to handle that. Plus, Congress would have to put that into spending legislation for every single agency, which is highly unlikely even if they have majorities. It won't increase its user base beyond the MAGA types, which is where the real money comes from. Few users, little ad revenue or selling extra services. Hell, Elon can't make Twitter work as an ideological megaphone. He has trashed something like 80% of their ad revenues. Truth Social will never even reach a tiny fraction of that on a good day. Once the props are pulled out, this one is done.

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