'Not going to be able to sleep tonight': Truth Social boosters panicking as stock plummets
Raw StoryWith the value of stock in Trump Media and Technology Group continuing its unceasing slide downward since the technology company went public, supporters of Donald Trump who profess to have invested in the company are increasingly expressing dismay about the collapse on the former president's Truth Social platform. According to a report from the Daily Beast's Noah Kirsch, faith in the troubled company that was reported to have lost millions last year right after the public offering, is in short supply at the same time the former president was telling supporters at Mar-a-Lago that all is well, stating: "We have over $200 million dollars in cash, which is very liquid.” Those not in attendance at the Mar-a-Lago gathering appear to be less than assured. On Truth Social, the main product of TMTG, commenters are commiserating with each other as they watch the stock spiral downward, losing over half its value in just several weeks, According to the Beast's Kirsch, one commenter lamented on Thursday, "Man I really thought we were gonna see a jump today. According to Kirsch, "Some Truth Social users blame the mainstream press for 'spreading lies' about the company, as one person framed it.