NoShit...

[pbmus]

Truth Social has very little revenue, very few advertisers, no profits to speak of, there are outages, and there are lawsuits. In order for it to trade publicly, it's merging with a SPAC - many SPACs are scams; the merged entity will have few prospects for profitability as the majority of people in the world will eschew it like the plague, and very few influencers are on it now. As soon as it's publicly listed, short sellers will descend upon it like locusts and depress the price. The offering valuation at the opening is pure puffery, not tied to any fundamentals, and as such, it wouldn't last, even without the shorts. If that's not enough, it's primary shareholder is 77, might face incarceration, and definitely has advancing cognitive decline.
I predict that IF it turns out that Truth Social somehow plays a role in Trump securing a bond, the mechanism underlying that, and what happens afterward or as a consequence, will be the subject of a future indictment and/or civil suit.

[FalloutShelter]

1. Preach!

Spot on.

[magicarpet]

2. Skunk urine has more monetary value than Truth ----(hahaha) Social.

[Camaromjr]

3. $50M in losses

In a piece on MSNBC, it was stated that Truth Social only had revenues of $3M and had operating losses of $50M per year. Sounds just like a normal business that is run by Mango Mussolini.

Maybe there will be a Big Short II.

[BOSSHOG]

5. Truth Social

The most successful media entity in the history of humanity. Worth billions.

[SergeStorms]

9. You forgot....

the thingy, Boss.

[malaise]

4. The Lie Anti-social shit will soon hit the fan

This circus is getting boring - and in the middle of this mess, Smelvis is giving himself golf titles, No shit is right

[Scruffy1]

6. I doubt if short sellers wil have much effect.

With very little of stock in the hands of the public I think it will be hard to find stock that can be borrowed in order to short it.The people that voted not to stop the acquisition are proably thinking that it will somehow work. The smarter ones, who proably didn't vote for the acquisition will crash it day one in a frenzy to get out. I can't imagine there will be that big of a market for the trash so a few large at market sales would crater the whole unless someone is foolish enough to try and support this thing. In that case it might last a little longer.

[pbmus]

10. In other words

A legal way to bail the orange ratfuk out of lien hell

[SergeStorms]

11. Are you trying to tell me.....

the Teacher's Unions (especially the Florida Teacher's Union) won't be investing their pension funds in "truth" central?

Boy, are they ever going to miss out on an opportunity! 😵

[calimary]

7. But but but - he's this big time builder...

of houses of cards.

[redqueen]

8. Troth Truth Senchal is how I'll always think of it

Just rolls off the tongue