https://www.economagic.com/how-to-buy-truth-social-stock/
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MARCH 15, 2022 BY MARTIN 0 SHARE
Trump & Twitter.
Unless you’ve been living under a rock, you’ll have heard something about the love affair and messy breakup between the former President and the social media app.
Let’s refresh. During his ascendancy to The White House – and his tenure as President itself – Donald Trump posted to Twitter a lot. In fact, he once sent out 200 tweets and retweets in a single day. The social media app no doubt aided Trump’s rise – but equally gave ordinary citizens unprecedented insight into the workings of a President’s mind.
(Trump used the platform to boast of his I.Q., to tell the world he could beat up Joe Biden and to reflect on the fact that he had ‘never seen a thin person drinking Diet Coke’. Of course, the world gratefully gobbled up these gems of wisdom.)
That is, until January 2021 – when Donald Trump’s Twitter account was permanently suspended in the wake of the Capitol riots. The social media platform stated that Trump’s tweets were ‘likely to inspire others to replicate the violent acts that took place on January 6, 2021’.
Other popular social media outlets followed suit: Facebook, and Youtube – plus other social media platforms like Instagram, Snapchat and Twitch – all opted to ban the former President.
Trump meanwhile used the @POTUS Twitter account to accuse the company of preventing free speech and promoting a leftist agenda. He also highlighted the possibility of ‘building out our own platform in the near future’.
Fast-forward 13 months, and the possibility of Donald Trump launching a new social media company has become very real indeed. It’s called Truth Social, and it hit Apple’s app store in the USA on February 21 2022. The app’s website claims it ‘is America’s “Big Tent” social media platform that encourages an open, free, and honest global conversation without discriminating against political ideology.’
So could Truth Social be the latest free app to take the world by storm? And could this new social media platform see its stock soar in the same way Twitter, Facebook and Snap have in the past?
Read on, as we drill deeper into Truth Social, and look at the possibility and potential of acquiring shares in former President Donald Trump’s social media venture.