Just another ordinary, average guy.

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Joined 1 year ago
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Cake day: June 20th, 2023

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  • The number of Truth Social’s US monthly active users on iOS and Android is down 39% year-over-year, according to Similarweb data shared with CNN earlier this month. Truth Social remains much smaller than X (formerly Twitter), which is also shrinking but at a slower pace.

    And yet Trump Media is being valued north of $6 billion on a fully diluted basis, which includes all stocks and options that could be converted to common stock, according to Jay Ritter, a finance professor at the University of Florida.

    Ritter said the current market price is hard, if not impossible, to justify.

    “It is grossly overvalued,” said Ritter. “It qualifies as a meme stock for which the price is divorced from fundamental value…Meme stock investors are usually buying on the basis of the greater fool theory of investing: It is overvalued today, but I hope to make money selling it to an even greater fool tomorrow at an even higher price.”

    This is the story of Trump’s entire life.










  • Raichik, the founder of the Libs of TikTok social media brand, has become an internet celebrity among some conservatives for her willingness to criticize teachers, doctors and other professionals who are LGBTQ or who are accepting of LGBTQ people. Raichik often posts their names and photographs alongside accusations of wrongdoing to X, where she has 2.8 million followers.

    Funny how “conservatives” always turn out to be violent, devil-worshipping monsters.


  • But Neal Katyal, a prominent lawyer who has argued cases before the top court, predicted on X (formerly Twitter) that it will not take up the case.

    “Trump’s argument is so weak and the Court of Appeals decision so thorough and well done, I can see SCOTUS voting not to hear it,” he wrote.

    Legal analysts said the methodical nature of the appeals ruling, laid out over 57 pages that are dense with court citations and historical references, sent a clear message.

    “What the Court of Appeals said, very politely and very dryly, is ‘You’re not even close, Trump’. None of these arguments pass the laugh test,” Patrick Cotter, a former federal prosecutor, told BBC News.

    I can already smell Trump squirming.