Forbes Sr. Editor on TRUTH Social Stocks: ‘This Thing Could Go to Zero’

‘So that means that this stock should fall by at least another 90% before the metrics start to make any amount of sense’

EXCERPT:

ALEXANDER: “I mean, if you look at the company's own filings, you know, they're saying that its accountants had questions about whether could continue as a going concern. They're saying that bankruptcy is not out of the question eventually. So this thing could go to zero eventually, but just if you look at the actual business fundamentals right now and you stack that up against, for example, the valuation of Twitter or Facebook and some other social media companies. And you try to correlate those, make it make sense, we're so far away from that point right now that looks like this stock should continue falling drastically.”

 

Video files
Full
Compact
Audio files
Full
Compact