Post by
westcoastlogger on Apr 26, 2024 10:47am
NYC and the Kangaroos
Well it looks like the NYC Kangaroos and their kindergarten court are still annoying President Trumps supporters. I'm never going to see the low teens here again and can only suppose this will be a 50-70 dollar stock as growth and earnings becomes reality. We have a lot of support out here and want Trump back where he belongs so the SP will continue to rise. I should of never sold I'm beginning to think.
Comment by
KozmoT on Apr 26, 2024 11:14am
Wow, at say $60 billion this becomes a $8 billion market cap. Last "earnings" showed a $58 million loss on revenue of $5 million (not a typo). Say revenue doubles to $10M ... can you explain how that translates to an $8 billion market cap? We'll wait while you do the math.
Comment by
tylerreddick on Apr 26, 2024 11:20am
DWAC shareholders brought $300 million into the"merger", Trump's "Truth" Social brought a money-losing operation. So far, it appears that $100 million of DWAC's money has already "disappeared". It won't be long before all of the money is gone. So what will a money-losing stock with no money be worth then?
Comment by
KozmoT on Apr 26, 2024 11:33am
meant to say $60 (shareprice)
Comment by
tylerreddick on Apr 26, 2024 11:18am
I guess you missed the fact that "Truth" Social is losing readers? Once Trump starts dumping his hundreds of millions of free shares (his "company" contributed NOTHING to the merger), this will be a 50-70 CENT stock, not dollars.