re: Let's be real...the DJT stock is a meme stock and will come back to reality soon

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Did you really think a septuagenarian along with two reality show contestants was ever going to be able to start a social media platform? It was always going to go this way, everything about it is scammy. From the people running it, to going public via SPAC to all the crazy lawsuits being filed between the insiders and two clowns going to jail for insider trading it.

The only people that thought this had actual value are the maga weirdos that have the real TDS.

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Probably not, but in a theoretical world where Musk never acquired Twitter, there probably was a management team or co-investors out there that potentially could have made it work to some degree. There were a hell of a lot of people out there (not just Trump supporters) who thought that mainstream social media was pretty limited in the way they policed viewpoints and a lot of frustration with Twitter, Meta, etc. In that scenario, Trump gets sidelined in any actual operating or decision-making structure of the company.

Trump starts Truth Social and then, bam, two months later Musk announces the Twitter acquisition, and that probably snuffed out any limited chance it had to work.

As an aside, I have always found it funny that Trump fanatics bought shares they want to support the guy. They weren't making him rich; they were making the short-sellers rich.