There may be a connection between Donald Trump’s flailing on social media, and the downward price spiral of his Truth Media.
Today, Truth Media is down another 5%, to $25.55 at 1:15pm. That’s almost 6% down from yesterday as the rest of the markets are up.
But yesterday, Trump wrote on Truth Social, supported by the stock, that he thinks Joe Biden will return at the Democratic National Convention and retake the nomination from Kamala Harris.
He wrote: “What are the chances that Crooked Joe Biden, the WORST President in the history of the U.S., whose Presidency was Unconstitutionally STOLEN from him by Kamabla, Barrack HUSSEIN Obama, Crazy Nancy Pelosi, Shifty Adam Schiff, Cryin’ Chuck Schumer, and others on the Lunatic Left, CRASHES the Democrat National Convention and tries to take back the Nomination, beginning with challenging me to another DEBATE. He feels that he made a historically tragic mistake by handing over the U.S. Presidency, a COUP, to the people in the World he most hates, and he wants it back, NOW!!!”
This is Trump not knowing what to say in his attacks anymore. He’s ignoring today’s long lines in Wisconsin for Harris and Walz’s rally. The idea that Biden will return to usurp Harris is something out of “Games of Thrones,” not reality.
Watch this stock as it continues to drop.