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Showing Original Post only (View all)I'm sorry, but I need someone to explain it to me [View all]
How in the fuck can a worthless company like Truth Social go public on the US stock exchange and give the value in stock of 3 to 4 billion dollars to Donald Trump?
It's not like they're fooling anyone. Everyone knows the platform is losing money and has few members. The last time I looked, the shares were anticipated to be worth over $32 a share. I would think two or three cents would be more like it.
It seems like a scam that is being performed right in front of everyone's eyes, in the light of day with a steeple bell ringing.
I don't fucking get it.
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That's what I wondered, too! Does anyone use it besides TFG or has even he moved on??
Rhiannon12866
Mar 23
#1
To us it looks like a con, but he's reaching out to oligarch investors abroad who want to buy an American president.
ancianita
Mar 23
#13
There are exceptions to your 'Zuckerberg rule': Nov 2012, Bloomberg penned an op-ed officially endorsing Barack Obama
ancianita
Mar 23
#57
But if this stock is locked and unsellable for 6 months, then he won't be able to cash in before his deadlines.
TheRickles
Mar 23
#9
I think Trump has exposed 247 years of White Male preferential treatment in a capitalist society.
Baitball Blogger
Mar 23
#30
It's long overdue. You have to be brave enough to question all the false icons in our society.
Baitball Blogger
Mar 23
#47
Capitalism as we see it today, is riddled with loopholes and exceptions.
Baitball Blogger
Mar 23
#48
That last point is the key - this deal won't help him meet the Monday deadline for covering the bond.
TheRickles
Mar 23
#24
A stock is only worth whatever someone is willing to pay for it. Are folks bidding it up as backdoor gift to Trump?
dutch777
Mar 23
#27
Exactly. Last night on msnbc there were tax and bond experts saying just that. The price of the st ock
lindysalsagal
Mar 23
#40
TSF is using the playbook of Bernie Madoff. Let's hope it ends up...
FailureToCommunicate
Mar 23
#36
DWAC soon to be TFG is a meme stock that relies on the greater fool/idiot theory
LetMyPeopleVote
Mar 23
#50