The social media platform is poised to go public via SPAC at a $6 billion valuation as former President Donald Trump’s supporters pump money into its stock.
Who tf says that truth social has become a meme stock? A corporate news reporting company? Thats not how meme stocks work. Also a SPAC going up means fuck about shit. SPACs always do that before something goes public but again, that doesn’t make it a fucking meme stock. This is absolute dog-wagging cruft.
PG&E is a fucking meme stock. Why? because its like Afghanistan, destroyer of empires. AAPL is a meme stock too. DIS? No one fucks with the mouse.
I hate that all reporting has effectively become wag the dog reporting. There is no information any more, only influence and attempts at influence.
Puts on Reddit. And super-puts on a rightwing only social media business that only the man-grate and MMA gyms will want to advertise on.
Edit: annoyed so I pulled it up. Looks like they are massively down since it was formed to test balloon this in 2022. A bit of a pop in the last few months, but that means jack shit. 10% down on this news. Social media is a terrible investment considering the consequences advertisers have learned about putting their products next to opinions.
Advertising on social media just needs to flip perspective, like if I was Clorox Id buy space specifically next to rightoid conspircy because the logical people will think yeah I definitely need bleach after reading that, and the conspiracy idiots have a good chance of drinking the bleach instead of getting a vaccine.
Who tf says that truth social has become a meme stock? A corporate news reporting company? Thats not how meme stocks work. Also a SPAC going up means fuck about shit. SPACs always do that before something goes public but again, that doesn’t make it a fucking meme stock. This is absolute dog-wagging cruft.
PG&E is a fucking meme stock. Why? because its like Afghanistan, destroyer of empires. AAPL is a meme stock too. DIS? No one fucks with the mouse.
I hate that all reporting has effectively become wag the dog reporting. There is no information any more, only influence and attempts at influence.
Puts on Reddit. And super-puts on a rightwing only social media business that only the man-grate and MMA gyms will want to advertise on.
Edit: annoyed so I pulled it up. Looks like they are massively down since it was formed to test balloon this in 2022. A bit of a pop in the last few months, but that means jack shit. 10% down on this news. Social media is a terrible investment considering the consequences advertisers have learned about putting their products next to opinions.
I think they meant Scheme Stock.
Advertising on social media just needs to flip perspective, like if I was Clorox Id buy space specifically next to rightoid conspircy because the logical people will think yeah I definitely need bleach after reading that, and the conspiracy idiots have a good chance of drinking the bleach instead of getting a vaccine.
GameStop is THE meme stock