The TRUTH about Truth Social

Financial report just released SEC filing: Truth Social lost over $58 million in 2023 while generating only $4.1 million in revenue.

The stock is TANKING!

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windinhishair · 61-69, M

The stock is down about 25% today to $47.58 at the moment.

thisguy20 · 41-45, M

@windinhishair I, frankly, am amazed its above $1.00

KunsanVeteran · M

@thisguy20 …won’t be for long!

windinhishair · 61-69, M

@thisguy20 The Cult will prop it up for awhile, but if it was any other company, its valuation would be in the low single digits.

KunsanVeteran · M

@windinhishair Here’s the thing, QI owns about 70% of the stock—and he’s not allowed to sell any of it for six months.

Devin’s COW calls QI a MOO-Ron!