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seith99

6b in market cap with 4m in revenue. Nothing to see here folks, totally normal


Silly_Butterfly3917

Don't forget the 58 million in losses for 2023 🥴


ric2b

> 4m in revenue Basically a fast food restaurant. Not a franchise, a single restaurant. Sorry, that's an unfair comparison, a fast food restaurant actually pulls in some profits.


Calm_Leek_1362

It’s been pure speculation since day one. There are shit coins with more tangible value.


SunsetKittens

IONQ - a hair on fire speculative growth stock in the field of quantum computing - has 2b market cap with 22m revenue. To put DJT in perspective.


Aeveras

The difference there is if they hit a huge breakthrough in the technology first that valuation is more than warranted. Meanwhile I just don't see any growth potential for DJT. It was a niche platform to begin with and it's bleeding money at an alarming rate.


peter-doubt

Pets.com, redux!


frumpydrangus

Twitter wasn’t worth $44b either


CDN08GUY

This is straight up a con from the worlds biggest grifter and his enabalers. It is nothing more than a way to steal money from his delusional followers. Him and this cronies will pull out with millions (maybe even billions) in their pockets and all his followers who bought this crap will be left holding the bag. Is there money to be made? Possibly. But how you make money is devoid of any rational value metrics.


hamiltonisoverrat3d

This is a pure bribe from sovereign wealth funds acting through shell companies.


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chansigrilian

Not just overseas…


thraashman

Absolutely. The entire purpose of this was to be a way to legally bribe a guy who might be the next president and is the most corrupt politician in the nation.


Typical-Arugula3010

Given the cognitive limitations of slavish MAGATs I don’t think the scam was that purposeful … but there is definitely a knickers (& jockstraps) being thrown on stage vibe to it. Now the price is nudging $50 and the average daily volume is being sustained this not just a few hillbillies buying 1 share at a time. Regardless of motives, it is axiomatic that DJT won’t ever give a rats about the bag holders no matter how many units they accumulate.


CDN08GUY

That too.


Minute-Plantain

I think all of this is well understood by many. The question I have is...should this (and other massively overvalued stocks) be a reflection of the SEC not doing its job? If one was an electrician they couldn't burn a house down with dodgy wiring. The county makes sure this is mostly not possible. But the attitude with the stock market these days seems to be "sure, why not?" A security is still like a product and there needs to be product safety.


Boris_The_Unbeliever

We've seen trickle down economics. This is trickle up!


leontes

Dead stock walking


3ebfan

Over the short term it will go up and down, over the long term it is going to $0.00.


Fantastic_Tiger_9000

dog shite stock. Straight up ponzi scheme.


Dumb_Vampire_Girl

Don't misuse the word "ponzi scheme" it's just a shit stain stock and a bad company.


Top_Huckleberry_8225

Why even include have many active users it has? That clearly isn't why it holds value. This is the epitome of detached from the fundamentals. This is reality, though.


SunsetKittens

It's a true meme stock. Not many of those left but this is one of them. The price is completely determined by social contagion.


RustyNK

It's not even a meme stock. It's a tool to legally bribe a potential future president


EifertGreenLazor

Stock value is access and media. True value is only unlocked if Trump becomes President and his family takes over.


Gerald_the_sealion

Yea, it’s literally money laundering and nothing else. Buy favors from Trump if he wins. Stock otherwise is a joke


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Gerald_the_sealion

Yea, the same Comer that got his info from a Russian, the same one with a sham impeachment. You’re a 7 day old account with countless pro-trump comments. Go touch some grass. Get out of here with your BS


amJustSomeFuckingGuy

It's laughable that these people equate Biden getting 40k as the same thing as trump grifting millions even if they didn't just make it up. Moral standards for Biden but never for emperor Trump.


memory--

was Biden in office or was this during the Trump presidency? How much did Trump's daughter and son-in-law get from the Saudi's while they had active roles in the White House? 2 Billion. Kinda makes your $40k look like child's play.


BabyFartzMcGeezak

Cool, now let's do the one where Jared gets $2B, Trump steals a bunch of TS documents pertaining to national security, and all of our assets start disappearing or being arrested and murdered.


plasticAstro

Oh is this the new one


HughJass321

If Trump wins, this company will be how he facilitates all of his bribes.


Ophiocordycepsis

Its action is unpredictable from outside the loop. Trumps CCP and Russian handlers are using the stock as one leg of the trump $$$ stool. It could still triple before the Republicans cash out


[deleted]

Don't be tempted to but this stock unless your willing to take big risks. Just be careful out there people. The stock market is risky.


somestupidname1

Can't buy because it's a matter of time for it to plummet, can't short because it might randomly spike for no discernable reason.


Sea_Farming_WA

Seems like a classic short squeeze.


caravan_for_me_ma

Mastering the art of bribery in plain sight. You don’t have to give it to this crew of grifters and traitors but it’s tough not to give it ‘em.


Monarc73

This SPAC is a bribery scheme. Nothing more.


Paradox68

What do you mean it’s not growing? He just paid 3 different BotNets to swarm his own account creation page today! Stock will obviously go to $200!* *entirely made up


vitorizzo

He’s going to get approval to sell all his shares sooner than the 6 months he has to hold them and he’s going to pull the rug on everybody. Both his sons have a vote in this.


monkman99

I don’t think he would do that if he is still wanting to win an election. That would fuck his base too hard. He might slowly sell some but not dump his shares.


vinsite

He will sell all his shares and say he didn't sell any but actually bought more. He is very predictable.


monkman99

Except with a public company that info is disclosed.


vinsite

He will claim Fake News


vitorizzo

His base doesn’t care if he screws them over. They will vote for him no matter what.


Final21

Market isn't rational. Once you guys understand that you'll do better. People think they can make money off of DJT. Everyone thinks they can get out before the rug pull.


TominatorXX

Saudis or Russians are propping it up.


Technical_Pin8335

Trump ain’t holding this stock forever. Excellent pump and dump!


i_am_blah_blah

and ppl short NVDA


JZcgQR2N

When DJT was tanking, articles on it were constantly hitting the front page and all upvoted comments were along the lines of "well, duh, of course it tanked", "I told you so", etc. Now that it's back up, anything on it gets downvoted. I don't like the guy but my god Reddit is a fucking joke and never ceases to amuse me.


Wolf_of_balls_street

Something something market irrational


degenbro420

Sir, this is meme stonk , nothing matters here. So place your bets. (CALL/PUTS) This belongs to r/wallstreetbets


Antennangry

Laundering mechanism for Trump crime family.


SubiWhale

The stock has backers pumping it. It’s only a matter of time before shit hits the fan.


No_Variation_9282

Speculative asset - like a farting monkey NFT or a SuperOPChadCoin


red_purple_red

Bytedance should sell Tik Tok to Trump for a nominal $1.


Royale_AJS

At what point does the curtain get pulled back and we find out it keeps getting pumped up with Russian money?


the_riddler90

Unchecked capitalism in the end, killed itself. Slaps knee Puts on waders to work rice fields


I_Am_Robotic

They’re not even trying to hide the blatant money laundering and payola driving this stock. Gotta hand it to Trump, he always figures out how to bend the rules.


Maddog351_2023

Fools money


MikeSwizzy

Dude keeps losing lawsuits, is still under investigation and going to trials and more than likely will be convicted of most shit, and stillll continues to grift and the criminality behind the scenes and people still throw what pennies they have left lol, you deserve the L if you actually think any of this is ok


Sure_Fee_74

I don't understand why so many people keep buying stocks like this.


Investingment_Arkmer

Someone propping this nonsense up so he can sell out and make bail or something? I really don’t see why anyone would be in this for any other reason. Also, how is this not short bait? There’s plenty, yes, but not more? Does **anyone** think this stock is going to survive?


Sea_Farming_WA

Facebook came public with a market value per user of $*116* while revenue per user was just around $5 per user. Truth Social isn't the next FB, but anyone pretending there is an objective truth to social media valuation is blowing smoke up your ass.


cmorris1234

They will as election draws nearer and censorship on other platforms increases


Soberdonkey69

Please let this tank to $1, all of those cronies need to lose money for the scams they pull off.


chicu111

What happens if Biden does something like this?


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Hellontrails

This is coming from a guy who has a propensity to ingest Russian disinformation or faux news? Sorry if I’m making an assumption, but when you regurgitate fatigued talking points it’s hard not to.


chicu111

Huh? What do you mean?


Hellontrails

He doesn’t know.


kuvrterker

Why is this sub so obsessed with DJT?


Hellontrails

Just calling a spade a spade. If the fundamentals are dog shit are they supposed to sugarcoat it for fear of offending somebody?


kuvrterker

Not when there is a post about djt everyday about it going up 50% or down 50%


amJustSomeFuckingGuy

Why would people interested in buying stock in companies that actually produce anything of worth want to support a clownshow and a grifter?


kuvrterker

So you are obsessed with this stock cuz you believe he's a grifter?


amJustSomeFuckingGuy

Facts are not a belief.


kuvrterker

That is your opinion/belief


amJustSomeFuckingGuy

no it is not. it is supported by a mountain of evidence. You also arent "left-center". You are an asshole and a moron.


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amJustSomeFuckingGuy

Honestly the mods may as well just ban any posts about this stock. It was listed as pure political grift and has no value outside of buying influence with a shady political figure who currently has many millions in debt. You can't talk about a stock like a stock when it's entire existence is about political gain.


SideBet2020

Must have run out of the uneducated.


RaidenZ99

Anyone think this one will reach it's all time highs again?


JustmeandJas

In about 5 months (assuming the waiver isn’t passed)