Trump Stock Gets WORST NEWS He TRIES TO CONCEAL
Legal AF by MeidasTouch
Meidas Media Network
4.9 • 6.1K Ratings
🗓️ 27 May 2024
⏱️ 16 minutes
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| 0:00.0 | Popoc legal AF and it's time for me to take another look at Trump truth social media |
| 0:05.3 | and how poorly it is performing this microblogging platform which only has revenue from |
| 0:11.6 | ad sales is struggling to hold on to its dwindling US user base. |
| 0:17.6 | And if you can't grow your user base when you're owned by Donald Trump, |
| 0:21.5 | when he gets non-stop media attention, then you're never going to do it. |
| 0:26.4 | In fact, people that follow revenue sales for platforms like this one question, |
| 0:32.3 | how are you ever going to survive if you're if you're a |
| 0:36.8 | revenue is generated from ad sales and you don't have an engaged growing user base. How bad is it? Let's put it this way. In just one month |
| 0:48.8 | period, the daily users for Donald Trump during the height of his criminal prosecutions when he was on TV every moment and in social media every moment dropped 21%. |
| 1:00.0 | It's down 35% since March. The daily active users that even bother to use his platform is about 76,000 people, not millions, |
| 1:12.5 | which is down from 124,000 back when it, |
| 1:17.9 | you know, less than a year ago. |
| 1:19.7 | So they've cut effectively their user base in half and their total monthly views is about |
| 1:30.2 | four million four million monthly visits to their site. Let me put this in perspective. I do a fair amount of work on YouTube and I get 10 times the amount of views as truth social does in any given month. |
| 1:48.0 | Me, Michael Popock, but my market cap is not $8 billion, which is what the market cap for Trump is. |
| 1:57.0 | That's, I mean once again, we're reinforcing as all of Wall Street and every analyst. |
| 2:02.5 | That Trump stock is a meme stock. |
| 2:05.6 | It's like Doja Coin. |
| 2:07.6 | It's not tied to any fundamental economics at all. |
| 2:12.4 | In fact, if you were going to tie their economics to anything, it would be to a bankruptcy filing. |
| 2:20.0 | This is not a company, if it didn't have the Trump name, It wasn't being propped up by his supporters to the tune of $8 billion market value, which is ridiculous. |
| 2:29.5 | I mean, it's as big as Western Union right now. |
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