Flying Squid to News • 13 days agoTruth Social Hits All-Time Low as CEO Sells His Crashing Stockfuturism.comexternal-linkmessage-square78arrow-up1601arrow-down18file-text
arrow-up1593arrow-down1external-linkTruth Social Hits All-Time Low as CEO Sells His Crashing Stockfuturism.comFlying Squid to News • 13 days agomessage-square78file-text
Unfortunately, Trump will still likely come out much richer than he was before. It’s still nice to see.
minus-square@UnderpantsWeevillinkEnglish6•13 days agoThe P/E on DWAC was so comically high. This was a company with a $7B valuation after earning, like, $3000 in a year. They were selling shares in a circa 2022 Mastadon instance that had never been upgraded. It was pure pump.
minus-squareKillingTimeItselflinkfedilinkEnglish2•13 days agodont forget about the revenue income, they pulled in what like, a few (ten/hundred?) million of revenue in a year?
The P/E on DWAC was so comically high. This was a company with a $7B valuation after earning, like, $3000 in a year. They were selling shares in a circa 2022 Mastadon instance that had never been upgraded. It was pure pump.
dont forget about the revenue income, they pulled in what like, a few (ten/hundred?) million of revenue in a year?