Big dip of about 16% trading today 9/15/22.
Basically potential for stock dilution
Potentially 105,000,000 (Yes millions) new shares for the insiders (Staff, Executives etc)
50% of 105M shares (52.5M) would only be released if $Rum trades above $15 dollars for a 20-day period within a 30-day period.
The other 52.5 Million shares would be distributed if $RUM...
Will Andrew Tate be participating in the voting of shareholders?, more eyes, more attention.
as fomo kicks in speculators will purchase call options volume keeps going up.
1/20/23 15 @ 2.05
Not Investment advice
Possible WSB play if network effects of Andrew Tate could influence Zoomer capital to buy the stock as a FU to the monopoly to social media content platforms. However, it does bring into question how much of an influence they really have given how personal savings have fallen back to 2016 levels . This idea is only valid as long as we don't close under $12.05 on...
Rumble platform growth from 1.6 million average monthly active users in Q3 2020 to a record 36 million average monthly active users in Q3 2021.
44 million monthly active users in August 2021.
CFVI merger transaction values Rumble at an enterprise value of $2.1 billion.
Do you see more upside from here?