Trump and dump, page-42

Its hardly surprising that they blatantly refuse to report key metrics like active users given how poor the uptake has been for this platform. The US has a population of 335m people and 250m of voting age. Even if you were to assume that 100% of platform accounts were opened by US citizens it would only equate of a measly 2.6% of the US population.

It goes without saying that many of the accounts belong to non-US citizens who support Trump, people who signed up during the initial excitement of a new platform over two years ago and media / political commentators around the world who need to be upto date on the latest Trump proclamations, insults, missteps, threats etc.

Then there is a simply fact that the failure of the platform to gain any mainstream traction likely means that the majority of accounts are rarely if ever used since the initial hopes and dreams turned into an epic flop. They refuse to report the key metrics including active users, demographics etc which is a clear sign that they aren't good.

So the exceptionally poor but best case 2.6% penetration number mentioned above likely translates to less than 1% of actual US voters actively using the platform. This information wouldn't look good for Trump nor support the Red Wave theories if 99% of the voting population is actively rejecting his primary propaganda mechanism.

Anyhow, the above said, if Trump loses the second election in a row this will signal a major decline in his political relevance as party members are finally forced to actively seek an alternative. So what will that mean to this platform? Nobody wants to use it now when he is supposedly near the peak of his popularity, surely its fate will be sealed if the election doesn't go Trumps way.

The republican party chose the elephant as the symbol of their party which is fitting because when Trump is finally pushed out of mainstream US politics this platform will be confirmed as a big worthless white elephant.

Then there is the worrying $39m in interest payments. It seems they have loaded this vehicle with truck loads of debt before attempting to offload it. No revenue to speak of, massive losses, heaps of debt, appallingly low and uneconomic user base after two years all coupled with the short term risk that its political relevance will fall of a cliff after the next election.

Buyer beware.