{"id":66551,"date":"2025-06-23T12:21:57","date_gmt":"2025-06-23T19:21:57","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=66551"},"modified":"2025-08-05T12:45:18","modified_gmt":"2025-08-05T19:45:18","slug":"truth-social-parent-plans-desperate-share-buyback-to-boost-its-failing-stock-and-enrich-trump","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=66551","title":{"rendered":"Truth Social Parent Plans Desperate Share Buyback to Boost its Failing Stock and Enrich Trump"},"content":{"rendered":"

America’s Grifter-in-Chief, Donald Trump, has tried an extensive number of financial scams intended to fatten his wallet at the expense of his gullible cult followers. They range from selling cheesy merch like sneakers, phones, bibles, and crypto, to committing fraud that resulted in 34 felony convictions.<\/p>\n

Click here to post this article on Twitter<\/a> or Click here to post on Bluesky<\/a><\/strong><\/p>\n

\"Trump<\/p>\n

Among Trump’s most transparently dishonest ventures is his stake in the Trump Media and Technology Group (TMTG), which is the parent corporation of his Twitter ripoff, Truth Social. TMTG has been a disastrous investment that has lost billions of dollars for Trump’s faithful, while funneling untraceable cash – perhaps from conflicted businesses and foreign agents – into Trump’s personal accounts. And he has a whole network dedicated to that pursuit.<\/p>\n

SEE THIS: THE TRUMP INDEX: While Trump Tanks the US Economy, What\u2019s Going on With the Trump Cult Economy?<\/a><\/strong><\/p>\n

Unfortunately for those who trusted Dear Leader, the stock value of TMTG has cratered more than 50% since Trump’s inauguration. Which is to be expected from a company that has done nothing but lose money from the day it opened for business. So what does a sham enterprise like TMTG do under these dreadful circumstances? They just announced<\/a><\/strong> that they are planning a share buyback program. As reported by the Associated Press<\/a><\/strong>…<\/p>\n

“President Donald Trump\u2019s media company plans to buy back up to $400 million of its stock, which have lost 46% of their value this year. […] It will retire the shares after they are purchased, meaning these particular shares can\u2019t be reissued.”<\/p><\/blockquote>\n

This is a tactic that is sometimes used to juice failing stocks. By reducing the shares available on the market, the remaining shares should be more valuable. That would mean an extraordinary leap in wealth for Trump who is the largest stakeholder in Trump Media, with about 114 million shares that he paid nothing for. However, since the announcement, TMTG’s shares have been flat, or even declined.<\/p>\n

The tepid reaction to the buyback says something about the quality – or lack thereof – of that investment. But at least we know that they are trying to grease Trump’s palm, even if it isn’t working. Which is nothing new for TMTG. Here is a look back at it’s prior efforts to fleece Trump’s flock.<\/p>\n

\n

SRSLY? Trump Brags that His Pitifully Failing Meme Coin is a \u2018Tracker\u2019 of His Imaginary Success<\/a><\/strong>
\nTrump\u2019s meme coin is hardly a game-changer. While it has generated a significant horde of untraceable cash for Trump, who paid nothing for his shares, it has been an abysmal loser for nearly everyone else who was foolish enough to invest in it.<\/p><\/blockquote>\n

Trump\u2019s Truth Social is Creating \u2018Non-Woke\u2019 Investment Portfolios for MAGA Cult Investors\/Dupes<\/a><\/strong>
\nThe focus of the Trump investment portfolios rests on buzzwords plucked from his political rhetoric. And what could possibly have more income potential than \u201cnon-woke\u201d<\/em> enterprises that pursue the anti-democratic goals of the MAGA movement?<\/p><\/blockquote>\n

Truth Social, Trump\u2019s Pathetic Personal Propaganda Platform, Continues to Bleed Cash<\/a><\/strong>
\nIn what may be the least surprising news of the year so far, Donald Trump\u2019s flagship social media enterprise, Trump Media and Technology Group (TMTG) \u2013 the parent holding company of his failing Twitter ripoff, Truth Social \u2013 released its annual report on Friday that revealed just how big a failure it is.<\/p><\/blockquote>\n

Trump’s Truth Social is Shedding Users Like a Miserable Childless Woman’s Mangy Cat<\/a><\/strong>
\nThe Donald Trump-controlled Truth Social platform recorded its third straight month of declining traffic. Truth Social attracted 2,112,000 unique visitors, down 38% compared to June 2023 when the site generated 3,407,000 unique visitors. It was the platform\u2019s second worst traffic performance since June 2022 when Truth Social had only 1,891,000 unique visitors.<\/p><\/blockquote>\n

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam<\/a><\/strong>
\nTrump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”<\/em><\/p><\/blockquote>\n

Truth Social Disease: Ads on Trump\u2019s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch<\/a><\/strong>
\nAdvertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.<\/p><\/blockquote>\n

\n
\n

Be sure to visit and follow News Corpse
\non Twitter<\/a> and Facebook<\/a> and Bluesky<\/a> and Threads<\/a>.<\/strong>\n<\/p>\n

And check out my books on Amazon:<\/strong>\n<\/p>\n

Fox Nation vs. Reality:
\nThe Fox News Cult of Ignorance.<\/a><\/strong>\n<\/p>\n

Thanks so much for your support.<\/strong><\/p>\n<\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

America’s Grifter-in-Chief, Donald Trump, has tried an extensive number of financial scams intended to fatten his wallet at the expense of his gullible cult followers. They range from selling cheesy merch like sneakers, phones, bibles, and crypto, to committing fraud that resulted in 34 felony convictions. Click here to post this article on Twitter or […]<\/p>\n","protected":false},"author":1,"featured_media":43034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1,13,11],"tags":[554,1508,1320,1458],"class_list":["post-66551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","category-scandalous","category-socialmedia","tag-donald-trump","tag-scam","tag-stock-market","tag-truth-social"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-cash-pile.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-hjp","jetpack-related-posts":[{"id":69682,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=69682","url_meta":{"origin":66551,"position":0},"title":"YOU’RE FIRED: Trump Media’s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company","author":"Mark NC","date":"4\/22\/2026","format":false,"excerpt":"Shortly After Trump was banned from Twitter, before the Musk era, he launched his own social media website that was a direct ripoff of Twitter. His hysterically named \"Truth\" Social quickly became the dedicated propaganda platform for Trump's ranting, insulting, lying, and shameless self-exaltations. Click here to post this article\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump, Stock Market","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":66013,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=66013","url_meta":{"origin":66551,"position":1},"title":"Trump’s Truth Social is Creating ‘Non-Woke’ Investment Portfolios for MAGA Cult Investors\/Dupes","author":"Mark NC","date":"4\/17\/2025","format":false,"excerpt":"It just never stops. Donald Trump, the Grifter-in-Chief, has spent his life peddling scams to anyone who was gullible enough to fall for them. He may have begun with gaudy, overvalued condos, elitist golf club memberships, and now bankrupt casinos, but he quickly expanded into cheesy merchandise like digital trading\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"Donald Trump, Stock Market","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":65732,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=65732","url_meta":{"origin":66551,"position":2},"title":"Grifter Trump is Hawking His Stock and Crypto that Have Lost Gullible Rubes Billions of Dollars","author":"Mark NC","date":"3\/23\/2025","format":false,"excerpt":"Does the magnitude and shamelessness of Donald Trump's corruption really surprise anyone anymore? Who could have guessed that the convicted felon responsible for bankrupting four casinos, stealing from his own charity, operating a phony university, and shuttering numerous hoaxes hawking everything from steaks, to air travel, to vodka, to magazines,\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump, Stock Market","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62997,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=62997","url_meta":{"origin":66551,"position":3},"title":"Trump’s Promise Not to Sell His Truth Social Stock May Land Him in Financial and Legal Peril","author":"Mark NC","date":"9\/14\/2024","format":false,"excerpt":"The candidacy of Donald Trump for president is historic in many respects, none of which are actually respectable. For instance, he is the first candidate to have had three wives, all of whom he cheated on, including with a porn star whose silence he tried to buy for $130,000.00. 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Click here to Tweet this article Among the most obvious vehicles\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump, Twitter","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-baby-twitter.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-baby-twitter.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-baby-twitter.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":60990,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=60990","url_meta":{"origin":66551,"position":5},"title":"Trump Brags that Truth Social is the ‘Voice’ of His ‘Movement’ and Begs His Cult to Support It","author":"Mark NC","date":"4\/12\/2024","format":false,"excerpt":"Shortly after Donald Trump incited the violent insurrection at the Capitol on January 6, 2021, he was banned from Twitter in order to prevent him from fomenting more riots by spreading more lies about the 2020 presidential election being \"rigged and stolen\" from him. Click here to Tweet this article\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-loser-emoji-e1571261064815.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-loser-emoji-e1571261064815.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-loser-emoji-e1571261064815.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/66551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66551"}],"version-history":[{"count":6,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/66551\/revisions"}],"predecessor-version":[{"id":66952,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/66551\/revisions\/66952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/media\/43034"}],"wp:attachment":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}