• Bigfoot
    link
    fedilink
    272 months ago

    How in heck is Truth Social worth more than twice Reddit

    • @[email protected]
      link
      fedilink
      402 months ago

      Because the stock market is mostly based on mob thinking/human psychology rather than being based on reality.

      • @[email protected]
        link
        fedilink
        122 months ago

        Not mostly, but people are buying Truth Social shares not because they think it’s a sound financial decision, but because they support the company. It’s meme stock logic.