Yesterday's Tiedrich rant: ha fucking ha - Truth Social is a disaster and Donald Trump just lost a billion dollars

[FakeNoose]

Apologies for being a day LATE posting this, but I was away from my computer yesterday.
This rant is too great to miss, but please note that Tiedrich sent this on Tuesday April 2.

Link: https://www.jefftiedrich.com/p/ha-fucking-ha-truth-social-is-a-disaster

in 1995, with his usual accordion-hands bullshit fanfare, Little Donny Fuckface announced that he was taking Trump Hotels and Casino Resorts public. it was going to be huge — the best stock — maybe the greatest stock of all time. big strong investment bankers, with tears of gratitude pooling in their eyes, came up to Trump and said “sir! sir! thank you for giving us this opportunity to make godzillions of dollars.”

the Gordon Gekkos of the day rushed to snap up every available share — because they forgot about the part where everything Trump touches dies. Donny’s clownfuck mismanagement, along with the usual business of Trump stealing everything that wasn’t nailed down and skimming money off the top, led to the price of the stock eventually plummeting from a high of $35 dollars to a low of 17 cents a share.

Trump Hotels and Casino Resorts finally died a merciful bankrupt death in 2004. all of which makes it super fucking hilarious to watch it happen all over again.

screenshot:

Trump’s net worth plunges $1 billion as his media stock tumbles
Shares of Truth Social owner Trump Media & Technology Group plunged Monday after the company disclosed that it lost more than $58 million and generated very little revenue in 2023. Former President Donald Trump is the company’s majority shareholder, and his net worth tumbled by more than $1 billion Monday as a result.

oh dear.

- more at link -

Interesting and well-researched article, and a great rant. Lots of smiles here. My apologies for not posting this yesterday. But it's still worth a click to read the rest on Tiedrich's blog.

[SWBTATTReg]

1. Ah, like my coffee in the morning, there's nothing like my 'tiedrich' too, in the morning. I savor every drop!