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Drudge Retort: The Other Side of the News
Tuesday, November 18, 2025

President Donald Trump's social network, Truth Social, is on life support.

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Marjorie Taylor Greene was one of just two GOP members of Congress to buy stock in the blank-check company that merged with Trump Media, as of April 2024.

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-- Zach Everson (@zacheverson.com) Nov 14, 2025 at 10:41 PM

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"Shares are down almost 70 percent since the beginning of the year, and down over 80 percent since hitting a record high following the merger last year during the runup to the election. The firm merged with blank check acquisition company Digital World Acquisition Corp. in March 2024, allowing it to be publicly traded under the ticker DJT.

The value of the stock is hovering at just $10.73 at the time of writing, barely above Digital World Acquisition Corp.'s October 2021 initial public offering.

The company has spent tens of millions of dollars on building out its ailing social media business while revenue has flatlined.

According to a recent statement obtained by Bloomberg, TMTG lost a staggering $55 million over the three months ending on September 30, as well as abysmal net sales of less than $1 million over the quarter. It has yet to return a profit."

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Ha... losing money in the Casino bidness was good training for losing money in the media bidness.

And just look at how much money the country is losing... it's crashing on about the same trajectory.

#1 | Posted by Corky at 2025-11-17 05:22 PM | Reply | Newsworthy 2

#1 | Posted by Corky

I've been following DJT since the IPO. What a racket! I've noticed that when it's nosediving, some unknown entities buy the stock to pump up the price back up. Trump can then sell his shares at a better price. Mney out of thin air pays off for Trump.

It's as good of a scheme as crypto is for Trump & Co ...

#2 | Posted by AMERICANUNITY at 2025-11-17 05:45 PM | Reply | Newsworthy 1

#2 Absolutely.... and the rest of the country and the world see him getting away with and so they do the same.

#3 | Posted by Corky at 2025-11-17 08:26 PM | Reply

@#1 ... The value of the stock is hovering at just $10.73 at the time of writing, barely above Digital World Acquisition Corp.'s October 2021 initial public offering.

The company has spent tens of millions of dollars on building out its ailing social media business while revenue has flatlined.

According to a recent statement obtained by Bloomberg, TMTG lost a staggering $55 million over the three months ending on September 30, as well as abysmal net sales of less than $1 million over the quarter. It has yet to return a profit." ...

Wait, what?

Wasn't Pres Trump supposed to be a master businessman who would fix the US economy?


#4 | Posted by LampLighter at 2025-11-17 09:43 PM | Reply

Ha... losing money in the Casino bidness was good training for losing money in the media bidness.

#1 | Posted by Corky

A friend and I walked out of a Trump casino in Atlantic City with fat wads of his money.

How does someone bankrupt casinos?! Guess the same way he blew through his $400,000,000 inheritance ...

#5 | Posted by AMERICANUNITY at 2025-11-18 11:35 AM | Reply | Newsworthy 1

DJT is down 68.4% YTD, as of the market close on November 18.

The company has a lot of liquidity, but only about $1MM per quarter in income, so is a consistent money loser after all of it's costs (Hey, Devin Nunes isn't going to work for free). Cash flow is consistently negative. The company can actually survive a long time at this burn rate, but what's the point of a business that holds a bunch of money, has nearly no income and exists only to pay salaries of a bunch of toadies and boot lickers? Those who hold shares in DJT are getting what they deserve...

#6 | Posted by catdog at 2025-11-18 04:38 PM | Reply | Newsworthy 1

As I keep saying, he's hard at work on his 7th and most spectacular bankruptcy as we all post.

#7 | Posted by Yodagirl at 2025-11-18 05:38 PM | Reply

More failure by the failure president.

#8 | Posted by cbob at 2025-11-18 11:07 PM | Reply

#6 | Posted by catdog

Remember that Trump had billions of dollars worth of shares he was allowed to sell to line his own pockets?

#9 | Posted by AMERICANUNITY at 2025-11-19 12:14 AM | Reply | Newsworthy 1

That's because the bribes now flow through his crypto scams.

This has served its purpose.

#10 | Posted by jpw at 2025-11-19 08:57 AM | Reply | Newsworthy 1

Trump Media, Trump coin, Melania coin... all rock bottom like his other ventures. Yet he has made billions of off them. The art of the deal, I guess.

#11 | Posted by Derek_Wildstar at 2025-11-19 01:18 PM | Reply

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