Truth Social is tanking and not just once or twice.
From Monday to Friday, Donald Trump’s social media site has dropped $16 in value. Today it fell another 12%, landing at 40 bucks.
Trump is losing money now despite his bragging about millions in cash, and so on. The fact is, Truth Social or Trump Media has not been able to regain any traction.
This is largely because when the hard numbers came out early this week — not the bloviating — Truth Social is a loser. It lost almost $60 million last year before hitting the stock market this last week.
The showboating by Trump over this stock is no different than any of his other voluminous lies. His base still doesn’t get it. Not a single word out of his mouth is factual. Maybe the fans who invested and lost money in this thing will finally wake up.
