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C. Lambeth /
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2024-04-16 17:27:12

C. Lambeth on Nostr: Just for the sake of comparison, I'd like to point out that Amazon (ticker symbol ...

Just for the sake of comparison, I'd like to point out that Amazon (ticker symbol AMZN), which is widely regarded as overvalued, has a price-to-sales ratio of about 3.3. This means its current stock price is roughly 3.3x higher than its sales on a per share basis.

Now consider #DJT / #TruthSocial. Its price-to-sales ratio is 757 even *after* its stock price has crashed 62% since it started trading in March. That means people are paying a premium of 757x MORE than its sales.😳🀦🏼🀣 #Trump 😭
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