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It's a SPAC

Posted on: March 23, 2024 at 17:15:52 CT
Mormad MU
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and be forewarned - about 80% of those lose money for everyone except the Sponsor. SPAC stocks tend to open in the $10-$15 range to make them affordable and then trade down from there. A year later, most of them are sub $2.

This may be different because of the Cult of Personality, but it's drastically overvalued.

Edited by Mormad at 17:16:25 on 03/23/24
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Are you cads getting in on the Truth Social IPO? - Ace AU - 3/23 16:47:26
     Hoping to get in on the Biden Family scams - mu7176grad MU - 3/23 20:40:50
     Truth Social IPO? - Spanky KU - 3/23 16:59:10
          It never does(nm) - DollarSigns MU - 3/23 20:56:29
          It's a SPAC - Mormad MU - 3/23 17:15:52
               The SPAC has been public for several years (Sep 2021) - Spanky KU - 3/23 17:54:02
                    The SPAC is acquiring his private company - Mormad MU - 3/23 23:33:36
                         Yep. A public company is merging/acquiring Truth Social. - Spanky KU - 3/24 06:09:49
               $5.7B market cap on $3.4M revenue - Ferg MU - 3/23 17:52:54
                    this has you riled up, if it's 3.4M revenue, how many - 90Tiger STL - 3/23 19:58:41
                    Actually its 5.7 B market cap on 49 million in losses - JG MU - 3/23 18:11:47
                         That’s very expensive snake oil - MrTruman2U MU - 3/23 18:40:42
                         How does that compare to Twitter 2014-2020? - Spanky KU - 3/23 18:37:06
                              Twitter had $1.4B revenue in 2014 - Ferg MU - 3/23 19:01:54
                                   And lost $577.8 million(nm) - Spanky KU - 3/23 19:41:53
               As I laid out earlier, this particular one is - JG MU - 3/23 17:31:27
                    where is the actual scam? where is the lie, fraud, ? (nm) - 90Tiger STL - 3/23 20:11:40
                         I guess if I have to explain that the merger - JG MU - 3/23 20:29:58
                              The SPAC is not worthless, but it is a "shell" company - Mormad MU - 3/23 23:38:32
                              I don't think you understand how a SPAC works (nm) - ashtray UF - 3/23 23:28:18
                              If you know all this, everyone can, and it's no secret, JG (nm) - 90Tiger STL - 3/23 20:38:32
                                   LOl at your dupes - JG MU - 3/23 20:43:27
                                        so you don't have an answer, got it. JG, it's not a "scam", - 90Tiger STL - 3/23 20:53:03
                                             I can only lead you to truth and intelligence - JG MU - 3/23 23:23:28
                                                  RE: I can only lead you to truth and intelligence - 90Tiger STL - 3/24 10:46:26
                    It has been publicly traded since 2021 - Spanky KU - 3/23 17:54:58
                    You paid 10k to have aliens zapped out of your head - Ragnar Danneskjold MU - 3/23 17:35:14
                         I can credit 5 lies - JG MU - 3/23 18:12:26
                              So, you paid 2K a lie to the scientology cult? - RHAYWORTH MU - 3/23 18:57:43
                              Naw truth busted you out on that lie boy(nm) - Ragnar Danneskjold MU - 3/23 18:42:24
                                   LOL as if(nm) - JG MU - 3/23 19:35:21
                              So you say you never had that done, then say it's not a - MIZ45 MU - 3/23 18:34:07
                         Lol (nm) - MIZ45 MU - 3/23 17:35:44




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