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Rhiannon12866

(205,467 posts) Fri Mar 29, 2024, 02:00 AM Mar 29

Trump bubble: How Trump's social media company is worth so much more than its business justifies - Alex Wagner - MSNBC

Donald Trump's Truth Social company has just a tiny fraction of the number of users of other social media companies and lost millions of dollars before going public spiked its market value. Matthew Goldstein, business reporter for The New York Times, talks with Alex Wagner about who is spending their money on this likely loser and whether any of it can help get Trump out of his money hole. - Aired on 03/28/2024.

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Trump bubble: How Trump's social media company is worth so much more than its business justifies - Alex Wagner - MSNBC (Original Post) Rhiannon12866 Mar 29 OP

A bubble expands as demand exceeds value,,,,no more demand (but watch who invests). OAITW r.2.0 Mar 29 #1

From what was said, it looks like the investors are hoping to "sell short" since the price is expected to drop Rhiannon12866 Mar 29 #2

Early investors who helped to pump the stock are ready to sell smartly and take a nice financial profit, OAITW r.2.0 Mar 29 #3

OAITW r.2.0

(24,504 posts)

1. A bubble expands as demand exceeds value,,,,no more demand (but watch who invests).

Reply to Rhiannon12866 (Original post)

Fri Mar 29, 2024, 02:11 AM

Mar 29

Rhiannon12866

(205,467 posts)

2. From what was said, it looks like the investors are hoping to "sell short" since the price is expected to drop

Reply to OAITW r.2.0 (Reply #1)

Fri Mar 29, 2024, 02:16 AM

Mar 29

OAITW r.2.0

(24,504 posts)

3. Early investors who helped to pump the stock are ready to sell smartly and take a nice financial profit,