Donald Trump's biographer has warned investors in Trump's social media platform Truth Social that their stocks are 'not at all valuable' and could 'be wiped out.'Speaking on MSNBC, David Cay Johnston, a Pulitzer Prize-winning investigative journalist and author of the bestselling biography The Making of Donald Trump, commented following a series of negative reports about the company's share value.
posted a net loss of $210,300 the year before.When asked about this by an MSNBC host, Johnston said the stock was 'not at all valuable.''And the people who own it at the current price, if they don't sell out, will eventually be wiped out,' he said. 'The 300-plus million is not a cash charge, but even so, the company is losing money hand over fist and its revenues are barely in the millions of dollars.
Source: News Formal (newsformal.com)
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