MAGA Power - New Trump Media Company is Already Worth More than the New York Times.

Wednesday, March 27, 2024

It's quite amazing to see the holding company of TRUTHSOCIAL.com worth more than the established New York Times, so quickly...

Donald Trump's new media company ended it's day of active first day of trading valued at $8 billion – more than established firms like the New York Times and Mattel – amid warnings investors were putting their money on Trump rather than the firm itself.

At one point during the heat of its first day of trading on the NASDAQ, the firm that owns Truth Social was valued at $10 billion – despite having just $3 million in revenue for the first nine months of last year.

Even after the stock price cooled to $57.99, the firm was worth more than firms with loads of users and established track records.

The Times, which was established in 1851 and reported on the firm's public trading debut which put its value as greater than Barbie-maker Mattel, is valued at about $7 billion.

It's share price is about 2,000 times revenue.

More at: www.dailymail.co.uk...

As you can see at the below graph, it took the New York Times 15 years to move from $1 Billion, to its present $7 Billion valuation.

NYT Net Worth Graph 2009 to Present: www.macrotrends.net...

TruthSocial.com achieved $8 Billion in 2 years. (Launched Feb 2022)

Congratulations to Master-Entrepreneur and U.S. President (past & future), Donald John TRUMP!
🥳

-WeMustCare

a reply to: WeMustCare


Hello old Friend, here is the tip of the year for you:

Dennis Rodman just destroyed the stormy problem, gag order or not.

Enjoy 🍺

originally posted by: GhostlyAdvisor
a reply to: WeMustCare


Hello old Friend, here is the tip of the year for you:

Dennis Rodman just destroyed the stormy problem, gag order or not.

Enjoy 🍺

How so?

Thanks for the good news..


Care, that is going to make commie heads explode.

Like a lot of companies traded on Wallstreet, the stock value is worth a hundred times the actual value of the company.

It's all just gambling, do not invest more in the stock market than you can afford to lose.

This stock, just like eighty percent of the stocks on Wallstreet can go down to little value while not actually effecting the business at all. If a canning company stock is at sixty bucks a share and the company is actually worth five bucks a share, that company will probably still be canning foods if the stock drops to five bucks or even a buck a share.

a reply to: Justoneman


coen was the one who had the affair with stormy... for 10 years.

coen & avanatti got Trump to sign some legal papers without Trump reading every page (they were his trusted attorneys at the time) that included the NDA and payments.

avanatti got drunk at a party and spilled the beans in detail while bragging to a group of mostly TDS victims. One of those witnesses was Dennis Rodman, who immediately contacted the stormy judge, and that judge just issued an unusual gag order on the entire Trump team on all things related to the case.

Know anyone that can help get Rodman's word out that isn't under a gag order?

a reply to: WeMustCare

Why it's almost as if Trump is good for the economy.

You know, the one that liberals are trying their damnedest to tank right now.

a reply to: GhostlyAdvisor

Know anyone that can help get Rodman's word out that isn't under a gag order?

Do you? You offer rumor with no link to where you heard this. Care to help get the word out, then tell us where to go where we might substantiate this from other sources.

edit. I notice you said he ''just'' said this. Is this in the last hour or so, the last day or so? Is this gag order more than the limited gag order that the rest of the news is parroting? And if it is true, why do you think that Rodman waited so long to make this known.

a reply to: BingoMcGoof


I left enough breadcrumbs here so Care would find enough to assemble a complete slice.

Glow in the dark corn bread crumbs.

The rest is up to him.

a reply to: BingoMcGoof


It is related to the gag order currently in the press, and other 'orders' that haven't yet been made public.

The party where avanetti got drunk was in the past days or weeks. Initial contact with judge was on the next business day. cya and coverup since then.

a reply to: GhostlyAdvisor


Ah, come on now Ghost, spill the beans for us. Spread the news, why put it all on Carewemust. Stand up, get the word out. What if Care cannot read your hidden words, your limited hints. Is that how you would ''get the word out'' when all you have to do is just give us a link or two?? Come on Ghost, for the Republic,

a reply to: BingoMcGoof

I don't know more.

A gag order severed my access to updates.

Anything else would be speculation.

originally posted by: GhostlyAdvisor
a reply to: Justoneman


coen was the one who had the affair with stormy... for 10 years.

coen & avanatti got Trump to sign some legal papers without Trump reading every page (they were his trusted attorneys at the time) that included the NDA and payments.

avanatti got drunk at a party and spilled the beans in detail while bragging to a group of mostly TDS victims. One of those witnesses was Dennis Rodman, who immediately contacted the stormy judge, and that judge just issued an unusual gag order on the entire Trump team on all things related to the case.

Know anyone that can help get Rodman's word out that isn't under a gag order?

I’m having a tough time believing Rodman called the judge. Trump did get gagged though.

I think it had more to do with this….vvvvv

Merchan also suggested he had firsthand knowledge about being a subject of Trump's comments, and he cited "the nature and impact of the statements made against this Court and a family member," in addition to others. The ruling was handed down hours after Trump blasted the judge, the judge's daughter, Bragg and former Trump lawyer Michael Cohen, a key witness in the case, on his social media platform, Truth Social. The post referred to Cohen as a "liar and felon," and it also referred to a former prosecutor in the case, Mark Pomerantz, as a "dirtbag lawyer."

Got a link?

a reply to: WeMustCare

How much money has TS made?

a reply to: KrustyKrab


It is related to what was behind the event you specified, but much was left out of what is publicly known.

The gag order and prohibition against filing any motions appears to have been duplicated by Trump judges in other unrelated cases too.

They all know. Some Already knew. It's panic time.

At least one judge tried to issue the order secretly by email... without filing any official copy.

No links yet, but others are on the trail now.

a reply to: WeMustCare

It's not people agree 100% on Trump, investors bet on Trumps groupies to money-up his Truthsocial endeavor. With the amount of people chomping at the bit to vote for him again getting his media thing going cause it "feels" like doing something is at least productive till he becomes a candidate for President.

Somebody was smart enough to monetize the Trump supporters.

a reply to: WeMustCare

The follow-up to this should be the hater economist that are predicting after an initial merger surge the stock valuation will plummet.

"The underlying business doesn't seem to be worth much. There is no evidence this is going to become a large, highly profitable company," he said. "I'm reasonably confident the stock price will eventually drop to $2 a share and could even go below that if the company blows through the money it got from the merger."

"At these levels, it appears untethered to its underlying business results," Matthew Kennedy, senior IPO strategist at Renaissance Capital, told CNN. "Eventually, valuations tend to fall back on fundamentals. That means this stock is definitely at risk of plummeting back down to earth."

www.cnn.com...

Literally every economic thing I read on this is saying the same thing as CNN. Making billions off a company that lost 50 million. He's using his majority share (around 60%), merger profits, and cult of personality (people are buying him more than anything) to overinflate the value of his stock, and its ultimate fate depends on when he cashes that out.

If he holds it, the stock holds its massively over-inflated value. (between 30 and 100 fold), but if he pulls a Belfort, and takes the profit the stock price will crash to possibly even below its expected valuation, which is around 2 dollars a share.

That's why it's being called a defacto "pump and dump."

Shareholders just hope nothing makes him have to cash out his stock. Because they'll have very little time to recover even a percentage of their investment once that happens.

People would be advised to wait for him say something like, "I may soon have to sell my shares in Truth Media to _____"

Once he says that. Sell before his sale tanks the value.

That's why I stick to not-at-all volatile crypto currency. (Joke) Just waiting on BTC to halve. Then all these freaking meme coins (two different dogs, a frog, and a viking) I own are going to skyrocket with it. Go MID APRIL!

There's money to be made all around off the imaginary. And speculation on the future of the imaginary.

The fact a company that has a revenue of a mere $3 million can be worth $10 billion in gambling casino money, "stocks" that is, is more indicative of the nonsense and corruption of the system than the success of Trump's new business venture.

Hats off to him though I guess, certainly plays the system well.

a reply to: WeMustCare

I've never seen anything like this guy. The more evil
they throw at him the more MAGA he becomes. The dems should be
craping themselves right now. I don't think they're fighting Donald Trump
or conservative americans. It's like they're fighting God or something.
If that's true I know one thing for sure. Trump will be number 47.

Meta is worth 1.2 trillion
Google is worth 1.9 trillion
Twitter is worth 14 trillion
That might be 1.4 trillion- I am not so motivated to look it up again.

Perhaps folks are betting on the future.

a reply to: Astrocometus

Dum da dum dum dummm....
I'll be very satisfied when you eat those words soon.