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re: Rumble SPAC CFVI

Posted on 12/6/21 at 6:12 am to
Posted by jimjackandjose
Member since Jun 2011
6748 posts
Posted on 12/6/21 at 6:12 am to
Yep. I didnt throw much at it but finally got a little

Disappointed in SLI PM. Was expecting flat to a little run PM
Posted by deltaland
Member since Mar 2011
102603 posts
Posted on 12/6/21 at 8:19 am to
Really don’t know how this isn’t doing better with the hype and volume.

Hedge funds must be manipulating it
Posted by Cuz413
Member since Nov 2007
11124 posts
Posted on 12/6/21 at 8:24 am to
It was up considerably not 30 minutes ago
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 12/6/21 at 8:37 am to
Just watched all of my shares get sold?? Thing is I didn't put in an order to sell? Says it was put in Friday AH at 4 p.m. Eastern....looks like some frickery is about
Posted by deltaland
Member since Mar 2011
102603 posts
Posted on 12/6/21 at 8:45 am to
Market is badly manipulated especially on these types of plays. Powers that be hate these stocks and will do all they can to prevent another GME, AMC, DWAC run.

Federal govt is incompetent and won’t do shite about it so big firms are doing whatever the frick they want
Posted by deltaland
Member since Mar 2011
102603 posts
Posted on 12/6/21 at 9:16 am to
This is disappointing.

SEC announced investigation into Trump SPAC and it killed this stock momentum. fricking corrupt arse pieces of shite in federal govt. coincidental timing
Posted by SmackoverHawg
Member since Oct 2011
31589 posts
Posted on 12/6/21 at 9:20 am to
quote:

SEC announced investigation into Trump SPAC and it killed this stock momentum. fricking corrupt arse pieces of shite in federal govt. coincidental timing


That was my fear. If you get into anything Trump related, be ready to face some frickery. I'm waiting to re-enter DWAC and I'll be investing in CFVI but the market is rigged to a point. In the end, which may be years from now, Trump wins.
Posted by deltaland
Member since Mar 2011
102603 posts
Posted on 12/6/21 at 10:17 am to
It was even clarified that the SEC only asked for some documents it wasn’t a criminal investigation nor did they have a negative opinion of DWAC. But media running with “muh investigation” and since DWAC is paying CFVI for cloud services it hurt it.

As long as this can hold at 12 or higher I’m not worried. It may not run up as fast as I hoped but I still think it’s a 30-40 dollar stock in the near future.

Hype may have to wear off and the shorts trying to destroy it move on to something else. I hate hedge funds with a passion. There are way better stocks to short right now but no they have to attack one with good news and lots of upside out of spite.

Everything these days is a political battle. Why can’t shorts move on to crappy stocks and let the good ones run? It really stuck in their craw when they lost their arse on GME and AMC and they’ve had it out for the bulls on every stock they hype ever since.
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 12/6/21 at 11:26 am to
Yeah I have a stop loss on my shares at $11.80. I'll lock in a small profit if it drops that low. If $12 doesn't hold then look out below IMHO. We should know here soon if this has multi bagger potential still or if it's just gonna slowly fade back to the $10 NAV.
Posted by deltaland
Member since Mar 2011
102603 posts
Posted on 12/6/21 at 11:55 am to
For something with the potential of Rumble I have a hard time seeing this fade to 10.

I think it grows slowly the rest of the week
Posted by OldSouth
Folsom, LA
Member since Oct 2011
11006 posts
Posted on 12/6/21 at 12:26 pm to
quote:

I think it grows slowly the rest of the week
i really hope it goes slowly. I would rather it build slow with some staying power.
Posted by deltaland
Member since Mar 2011
102603 posts
Posted on 12/6/21 at 1:48 pm to
I hope it goes up to around 16 AH
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 12/6/21 at 3:12 pm to
I sold at $13.75. Not seeing this being the next DWAC in this market. Redeployed all profits into more SABS warrants.
Posted by OldSouth
Folsom, LA
Member since Oct 2011
11006 posts
Posted on 12/6/21 at 3:24 pm to
Can’t blame you, but I’m holding. Still think it hits $20 this week.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 12/6/21 at 3:29 pm to
quote:

Can’t blame you, but I’m holding. Still think it hits $20 this week.


I hope your right, but honestly if it did not get there today I highly doubt it picks up any further steam this week. Today should have been the initial pop and it was held down it appears.
Posted by deltaland
Member since Mar 2011
102603 posts
Posted on 12/6/21 at 3:29 pm to
I can’t figure out how it has twice the trading volume as it does float shares yet can’t go up.

I think too many expect it to be the next DWAC and won’t buy and hold. No reason for it to not top 20 dollars but due to the hype not fulfilling you end up with a lot of paper hands and hedge funds are having a field day with it

I think when the hype wears it slowly ticks up.
Posted by deltaland
Member since Mar 2011
102603 posts
Posted on 12/6/21 at 3:44 pm to
Momentum depends on if it can move up AH like it did Friday. Hope some shorts cover and move on.

It’s still in the green not like it’s gone red. It just didn’t moon today.

As long as it doesn’t tank I’m good. Rumble is a monetized social media platform it has value and has had exponential user growth. No reason this doesn’t trend upwards over time
Posted by OldSouth
Folsom, LA
Member since Oct 2011
11006 posts
Posted on 12/6/21 at 4:16 pm to
Something just woke it up.
Posted by OldSouth
Folsom, LA
Member since Oct 2011
11006 posts
Posted on 12/6/21 at 4:20 pm to
Oh. DWAC is running. I was really hoping these two wouldn’t be tied to each other so tightly since the hedge funds have made it their business to short DAWC into oblivion every day.
Posted by el Gaucho
He/They
Member since Dec 2010
59142 posts
Posted on 12/6/21 at 4:24 pm to
StockTwits saying 50 end of week
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