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Technology Stocks : DWAC/DJT: Truth Social goes public -- Ignore unavailable to you. Want to Upgrade?


To: Jhana who wrote (51)9/20/2024 4:22:44 PM
From: ralfph  Respond to 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.



To: Jhana who wrote (51)9/21/2024 5:08:51 PM
From: Dan31 Recommendation

Recommended By
Jhana

  Respond to 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....

:-)