
Tonelover
Well-known member
Thinking about buying stock in Trump Media and looking for some financial advice.
Some quick research reveals the following:
Current price $21.41, hit a 52 week low today
Market cap 4.5 billion, very good for him so must be good for me right?
Losses last quarter: 16 million. No worries, I'm sure they'll make it up in volume.
Revenue last quarter was a whopping $837,000. Obviously Truth Social has lots of users.
Going to lose the election
Rarely have I seen a company with a combination of fundamentals like that. What could go wrong that I might be missing?
Some quick research reveals the following:
Current price $21.41, hit a 52 week low today
Market cap 4.5 billion, very good for him so must be good for me right?
Losses last quarter: 16 million. No worries, I'm sure they'll make it up in volume.
Revenue last quarter was a whopping $837,000. Obviously Truth Social has lots of users.
Going to lose the election
Rarely have I seen a company with a combination of fundamentals like that. What could go wrong that I might be missing?
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