Mark's 11:00 am Monologue
The Mark Simone Show
iHeartRadio and Mark Simone
4.3 • 694 Ratings
🗓️ 2 April 2024
⏱️ 16 minutes
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| 0:00.0 | The Mark Simone Show on 710 WOR. |
| 0:05.5 | Well, we have some very bad news for Democrats out there. |
| 0:10.7 | Just checking the truth social stock. |
| 0:14.4 | It went public, as you know last week. |
| 0:16.9 | The symbol is DJT, as in Donald J. Trump. |
| 0:20.0 | It trades on the NASDAQ. |
| 0:22.8 | And I don't mean to upset Democrats, but the stock is going up today. |
| 0:28.5 | It started when the IPO debuted about 42, went up as high as 79 at one point. |
| 0:34.7 | And this is always the case. |
| 0:35.9 | It soars up. |
| 0:37.2 | And then it starts to level off some |
| 0:38.9 | profit taking people getting out. But it dropped to 44. It's now up to $52. So it's climbing |
| 0:47.5 | back up. I'm sorry to upset you. But they're trying very, very hard to hurt the stock. If you |
| 0:53.3 | watch all the media, if you watch MSNBC, every CNN, they're told about |
| 0:58.1 | that's true, social, even though it's losing money. |
| 1:00.7 | Why, it's losing money every year. |
| 1:02.8 | That's every tech IPO. |
| 1:04.6 | Facebook was losing a fortune when it went public. |
| 1:07.3 | Nobody ever lost more money than Amazon the first couple of years when it went public. |
| 1:11.8 | It's always, always that way. Twitter losing money. They all lose, these big, big tech companies |
| 1:17.4 | lose money when they go public. I give you the richest people in America, the world, actually. |
| 1:26.1 | Bernard Arnholt at 233 billion. |
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