Thinking that Truth Social will take some market capitalization from Twitter and Facebook:
But since Elon Musk wants and most likely Will buy Twitter and enable true free speech on the platform, where Donald Trump won`t get banned that easily, then what is the purpose of DWAC (Truth Social and the rest) anyways??? Ok, let`s say it`s a republican new media platform, but then how you justify the approx. 10 Bil market capitalization at the current price, after the merger???
To be honest, i think this stock could easily go to the $23.50 support and even lower than $10, like most of the SPACs, if they don`t deliver great news for the shareholders.
Since the Musk takeover of Twitter, DWAC has already retraced significantly:
TRUTH is a Community building........ FREE Thinkers! Twitter is Cooperate and Athlete's opinions I don't care to HEAR.
amcprice
⋅
We’re in a perfect falling wedge on the daily may want to adjust your TA
Acient1
⋅
It has been revealed that Truth Social downloads just surpassed Twitter downloads. Interesting. Truth Social will grow with time. I see this as a longer term investment, not a short term. Patience.
triplearon
⋅
@Acient1, yes, yes, and yes, get your shares. lol.