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eicker@lemmy.world to Technology@lemmy.worldEnglish · 2 days ago

Truth Social Stock Crashes to All-Time Low After MAGA’s Massive Defeat: Just when you thought it couldn't sink any lower.

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Truth Social Stock Crashes to All-Time Low After MAGA’s Massive Defeat: Just when you thought it couldn't sink any lower.

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eicker@lemmy.world to Technology@lemmy.worldEnglish · 2 days ago
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Truth Social Stock Crashes to All-Time Low After MAGA's Massive Defeat
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As Donald Trump watched his personal picks fall one by one, what was left of his deserted Truth Social social media platform crumbled to dust.
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  • Pat_Riot@lemmy.today
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    1 day ago

    Why the fuck has the president been allowed to own a publicly traded propaganda outlet?

    • monkeyslikebananas2@lemmy.world
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      1 day ago

      Because unlike a peanut farm, this can’t be used to produce a ton of misinformation. So this is ok, peanut farms, no are a no go!

    • ¬∃x(∀y(y∈x↔y∉y))@programming.dev
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      1 day ago

      And that’s only one of the hundred or so reasons he’s the most corrupt president in modern history.

    • ParlimentOfDoom@piefed.zip
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      1 day ago

      Slightly over half of the people who can hold him accountable were in on the grift.

      • NotMyOldRedditName@lemmy.world
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        1 day ago

        Were being the key word.

  • mctoasterson@reddthat.com
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    1 day ago

    I interact with all kinds of people and I have never encountered a single person who (admits to?) using Truth Social.

    • ouRKaoS@lemmy.today
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      1 day ago

      I think they know it’s a dog whistle and they hide it.

  • SnarkoPolo@lemmy.world
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    1 day ago

    Pussolini doesn’t give a shit. He already made his money in the initial IPO, selling high then crashing.

  • WanderWisley@lemmy.world
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    1 day ago

  • some_guy@lemmy.sdf.org
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    1 day ago

    It can go lower.

    • iamericandre@lemmy.world
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      1 day ago

    • tacosanonymous@lemmy.blahaj.zone
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      1 day ago

      If it still exists, it should go lower.

    • Derpgon@programming.dev
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      1 day ago

      Anything above 0 is too much

      • CrimeIsLegalNow@ani.social
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        1 day ago

        Huh. I guess a stock could in theory go negative, right? As in it’s enough a liability that you would have to pay people to take ownership.

      • ManixT@lemmy.world
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        1 day ago

        Quite frankly, it should be below 0 because they should be paying all of us for having to deal with it

  • zebidiah@lemmy.ca
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    2 days ago

    Awww… I love this for him!

  • Amuro_eat@lemmy.blahaj.zone
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    2 days ago

    So anyway, I just pooped and it smelled like pot from the edibles I ate earlier. Even my PEE smells like weed.

    • Imgonnatrythis@sh.itjust.works
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      1 day ago

      Why isn’t this the headline?

    • shartgargle@lemmy.zip
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      1 day ago

      When I was younger, my farts smelled like pot because of that. It was funny as hell seeing people get shifty eyed when they couldn’t explain the smell.

  • Savarosa@lemmy.world
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    2 days ago

    Daang that was a good short position to take :D

  • 0xDREADBEEF@lemmy.dbzer0.com
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    2 days ago

    it had stock? thank god i dont keep up with that pile of trash

  • patruelis@lemmy.world
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    2 days ago

    Another bankruptcy on the books. How many is that now? I lost count.

  • Boomer Humor Doomergod@lemmy.world
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    2 days ago

    He doesn’t care if it makes money. He cares that no one can ban him.

    Stop calling it a social network. It’s basically a personal Tumblr, complete with trainwreck Dashcons

    • ParlimentOfDoom@piefed.zip
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      1 day ago

      It was a platform to facilitate bribery

    • andyburke@kbin.earth
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      2 days ago

      dude coulda just self-hosted a blog tho…

      • ilinamorato@lemmy.world
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        2 days ago

        He tried that for a while. Not enough sycophants, I guess.

      • Clambake0351@piefed.zip
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        2 days ago

        The office of the President has a press budget. They could easily give him a dumpster to shit in over at whitehouse.gov, woulda made it harder to grift idiots though so ¯\_(ツ)_/¯

  • Sanctus@anarchist.nexus
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    2 days ago

    Where’s the rant from our God Emperor? I am lost and directionless in this sea of thieves without the lighthouse of his incoherent ramblings to guide my way.

    • ouRKaoS@lemmy.today
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      1 day ago

      Address

    • MelodiousFunk@lemmy.zip
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      1 day ago

      I am shocked at the lack of cheating allegations. Makes me wonder if they pulled some shit in a few districts in dem’s favor just to have something to point at.

      • shalafi@lemmy.world
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        1 day ago

        I expected cries of cheating, didn’t expect such a solid ass whoopin’.

        It’s one thing to cry about getting popped in the jaw after the guy walks off. It’s quite another to cry cheating after he ruptures your guts.

        Every story and quote I’ve read so far sounds properly conciliatory. Except for Trump of course! Paraphrasing, “Wasn’t my fault. It was the war we had to do, and that drove prices up a litte, very temporarily.”

      • im_fine_sandy@nord.pub
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        1 day ago

        Didn’t he say on fox that he’s not going to challenge anything?

        • Thebeardedsinglemalt@lemmy.world
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          He did say if it’s fair which is mumble-speak for he’ll turn any second

        • Imgonnatrythis@sh.itjust.works
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          1 day ago

          Doesn’t matter what orange man says.

    • superglue@lemmy.dbzer0.com
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      1 day ago

      I honestly don’t think it’s set in for him how bad of an ass whooping it was.

      If the dems play their cards right the electoral college is under threat.

      • im_fine_sandy@nord.pub
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        1 day ago

        IDK anything about the electoral college but always assumed it was constitutional bedrock.

        • superglue@lemmy.dbzer0.com
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          1 day ago

          https://en.wikipedia.org/wiki/National_Popular_Vote_Interstate_Compact

          With this election the dems took control of 5 more states state legislature putting them past the 270 mark.

          • im_fine_sandy@nord.pub
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            1 day ago

            Oh that’s interesting. Thank you.

            • superglue@lemmy.dbzer0.com
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              1 day ago

              Don’t get me wrong it’s still a longshot. But we want from never going to happen to it being possible in one night.

    • 🍉 DrRedOctopus 🐙🍉@lemmy.world
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      1 day ago

      please, tell me he was already fragile enough that this has killed him

      • shalafi@lemmy.world
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        You misunderstand the true narcissist. Trump didn’t take a loss here. That is most literally impossible to his brain. He can’t be wrong, so it was some other factor.

        Only known one person with diagnosed NPD, my mom, and she wasn’t 1/10th the narcissist Trump is. Nearly impossible for normal brains to wrap around.

        • perturbedstarstuff@lemmy.world
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          I’ve had one lie to my face and the person next to me about what they said to us less than a minute prior.

          It’s understandably difficult for people who haven’t experienced it to understand or believe it.

        • PattyMcB@lemmy.world
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          NPD is so rarely diagnosed because people affected are disinclined to seek help for it, and covert narcissists are hard to spot

    • Zorque@lemmy.world
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      2 days ago

      Probably taking meetings (that he sleeps through) about how to nullify the elections so the new congress doesnt get seated.

    • LewdLemon@sh.itjust.works
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      2 days ago

      Last night saw his party and his ego massacred bigly. Let the man grieve, alright? He deserves it, along with everything that’s coming to him now.

      • shalafi@lemmy.world
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        A narcissist at Trump’s level cannot have his ego damaged, cannot be wrong. This wasn’t his fault, no way it could be. He’s already made such noise.

        • LewdLemon@sh.itjust.works
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          1 day ago

          True. He has already started the fingerpointing, blaming the candidates and thus offloading his responsibility for these results to them.

          But where before he would have been met with pure, cultish sycophancy, this time around, he’ll face resistance, and fingers pointing back at him. Republicans have seen now that being aligned or just associated with Trump is absolutely toxic and will inevitably lose them seats. Thus, the closer we get to 2028, they will increasingly shun, undermine or even openly oppose him, which will hurt his ego bigly. I’ll be there for that, schadenfreude cranked up to 11, gleefully watching on as he goes through his own, personal, well-deserved hell.

      • Kirp123@lemmy.world
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        2 days ago

        He was in Fox News as the results were dropping saying how it wasn’t his fault anyways, those candidates sucked.

        • Optional@lemmy.world
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          2 days ago

          Trump Lost His Party These Midterms

          Both indirectly (war, tariffs, ICE killings) and directly, by recruiting:

          • Ken Paxton (TX) over the opposition of the entire Republican Party apparatus
          • Darline Graham (SC), for no actual reason (he doesn’t seem to have liked Lindsey all that much? And any Republican in this seat would have been just as acquiescent as Graham promised to be?)
          • Michael Whatley (NC) out of spite for Thom Tillis
          • And assuming Ohio was safe enough to leave open in order to have JD as his VP
          • Kirp123@lemmy.world
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            Oh he definitely did. But he will never admit it, his ego won’t let him.

  • Zwuzelmaus@feddit.org
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    2 days ago

    Why would a personal blog have stocks anyway?

    • PattyMcB@lemmy.world
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      1 day ago

      Tax write-off

    • xtr0n@sh.itjust.works
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      2 days ago

      It’s just bribery with a teensy tiny fig leaf

      • dhork@lemmy.world
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        2 days ago

        A teensy tiny fig leaf is all he needs

        • SinningStromgald@lemmy.world
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          2 days ago

          Gotta cover that button mushroom. Can’t have the kids seeing.

          • PattyMcB@lemmy.world
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            Uhhh… I think that’s the whole idea with the Epstein-Trump files

    • LewdLemon@sh.itjust.works
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      2 days ago

      Ego and stupid money.

  • Photon1c@lemmy.world
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    2 days ago

    Can we stop talking about truth social please?

    • shalafi@lemmy.world
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      1 day ago

      Talking about it’s ever declining share price is a win. People trade stocks like this one largely on vibes. This is bad vibes. Make it headline news!

    • Buffalox@lemmy.world
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      In general yes, but not when it’s really good news about how awful they are doing, that gives us the opportunity for a bit of schadenfreude.

    • eicker@lemmy.worldOP
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      Not until it has gone bust. 🔥

      • Photon1c@lemmy.world
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        2 days ago

        Well, yes, simply ignoring it and not legitimizing it with news articles is part of that process

      • OwOarchist@pawb.social
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        2 days ago

        It will eventually be bought by and merged into xitter.

        • saltesc@lemmy.world
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          2 days ago

          Why?

          Probably most of Truth is on Twitter

          • OwOarchist@pawb.social
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            1 day ago

            Why?

            Nobody else would want it.

          • Buffalox@lemmy.world
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            2 days ago

            Bribe is my guess, but I think Trump may die before it happens.

  • HazardousBanjo@lemmy.world
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    2 days ago

    Gee, the state regime ran platform that was, from the beginning, 95% bots, is collapsing after their defeat? Who would a thought? /s

    Let that mother fucker burn

    • RePsyche@lemmy.world
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      2 days ago

      ☄️🔥🐦‍🔥🎇

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