Boy, these people are dumb..

Well…to all of the private investors buying stock in the idiot trump’s latest scam, boy you’re really dumb…just yesterday stock in his “truth social” went on sale for it’s IPO and no institutional investor has even touched one share of the stock…and you can see why when you look at the financial performance over the past year…first it only had about 1.3 million dollars in revenue…mostly advertising from various right wing assholes…and the company lost 49 million dollars last quarter…and it is bleeding users from a peak of 5 million…to compare, Mastodon just went over 15 million uses and it is continually added more…so, as always this really looks like a “pump and dump” where the stock price is artificially inflated, and then trump will sell all of his stock…crashing the price after he steals all the money…and the breathless punditry is screaming all over that now trump has gained 6 billion dollars from the IPO…but the economists in the know just point at the financials and say that a company that has never made a profit and will never make a profit surely is not worth what the liar trump says it is…how dumb do you have to be to continue to give idiot boy your money? I guess we’re going to find out…geez…

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