Most Over-Valued Company is History

P.J. Denyer said:
I'd imagine the smart money figured the best time to get out was straight after the victory parties but before his supporters either see him not keeping his promises or suffer the effects of him keeping them.
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Sorry, that wasn't meant to be quoted there but it's way too late to edit!
 
Well, they did record a pretty decent quarter over quarter revenue gain for 9/30/24, all the way up to:

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Still given the other scams Trump has going, this one could bust and he'll still come out with billions.
 
Trump Media warns of material weakness in their financial controls (i.e., they don't know where the money is going):
Trump Media reported its quarterly earnings on Friday, disclosing a $31.7 million net loss on $821,000 in net sales with $758.9 million in cash and short-term investments and $9.8 million in debt.

In the filing, the company disclosed finding “material weaknesses” in its internal controls over financial reporting, citing a lack of formal accounting processes for complex transactions and insufficient personnel experienced in SEC reporting requirements.
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Compared to the year earlier quarter, revenue was up 7%, nowhere near what they need to get.
 
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