Hi everybody I'm I'm Brittany Lewis a reporter here at Forbes joining me now is my

Forbes colleague money in politics reporter Kyle Mullins Kyle thanks so much for

joining me always great to be here, Brittany.

Your recent reporting for Forbes is this,

quote, Truth Social wants Wall Street to stop shorting its stock,

good luck.

So first, why would Truth Social think Wall Street

is shorting at stock in the first place? The shorter answer is because

Wall Street is definitely shorting its stock. So, you know, investors

sense through social, went public, you know, in late March have kind of thought that this stock was a little bit overvalued.

By a little bit I kind of mean a lot overvalued.

I've done some reporting on this and I think we're going to talk about this a little more,

but the stock price and the market cap, which the social has right now just doesn't really reflect its, you know, its fundamentals

And so it's been compared to a meme stock like GameStop or AMC, you know, and people remember those for a couple years back.

But, you know, there's a lot of investors on Wall Street who think that True Social might be overvalued.

And as such, they are betting against it on the markets and they have every legal right to do so.

Trump Media and Technology Group, which is Truth Social's Parent Company, went public back in March.

So can you talk to us about how Truth Social's share

prices have been doing since it went public about two months ago? It's been a

roller coaster. True Social's stock price, excuse me, Trump Media Technology Group stock price,

and I should note it trades under the ticker DJT, which is the former president's initials.

It's been a roller coaster. It took a dive for a couple of weeks. It's actually had a bit of a recovery lately, and then it's down today, I think.

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