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Rumble Inc.Rumble Inc.Rumble Inc.

Rumble Inc.

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Yo ho ho and a #BottledUp $RUM (Post IPO Phase Base?) Is this break out real? Paytience Pays as noted with SMCI today... I do like the "somewhat" inverse head n shoulder base, but its definitely not NEAR as clean as the CVNA Post IPO Phase Base seen here; This can be a "sympathy" play ie; highly correlated movement, with $DJT... I like this look with the hype currently building... Great things take time... Don't get chopped to bits before the real move/meat comes. Just some post boring market day #Thots
NASDAQ:RUMLong
by Prophecies_R_Us
2
Ready to Rumble?Rumble, founded in 2013, is a video-sharing platform that promotes free speech by offering an alternative to mainstream social media sites. It aims to create a less-censored environment for content creators, particularly appealing to conservative audiences who feel mainstream platforms may restrict certain views. After the Joe Rogan interview with President Trump, which has caused an internet storm about this very topic, let's analyse Rumble to see if it's a worthy trade. The technicals suggest a megaphone pattern, which has higher probability of breaking to the upside. We remain below weekly moving averages but the compression suggests we could get a bullish move above this resistance and attempt to break the descending wedge pattern. There is not a lot of historical data on the chart but one can deduce the short term trend is bullish but we must remain cautious due to the larger time frame downtrend. Fundamentals Analysis The company went public in September 2022. Since then, Rumble has seen fluctuating stock performance with growth tied to political events and figures like JD Vance, who are vocal about censorship issues. Its growth projections are optimistic, supported by revenue initiatives like the Rumble Ad Center and new features such as livestreaming, which are expected to drive sequential revenue growth. However, Rumble's revenue figures have sometimes fallen short of analyst expectations, indicating ongoing monetization challenges. Rumble has gained support from figures like JD Vance, who has been outspoken about censorship issues. Vance's endorsement bolsters Rumble's position as a platform for free speech, appealing to those critical of mainstream tech censorship. Vance, as a political figure central to discussions around censorship, indirectly lends credibility and visibility to Rumble, potentially encouraging other users who are seeking a less regulated platform to join. This aligns with Rumble's unique market positioning and could fuel further growth, especially in a contentious election period. Conclusion The technicals indicate a recent uptrend may continue. My only concern would be the earnings report, growth hasn’t been the best of late so it may take a little while longer for their narrative to play out. But it’s a very pertinent narrative in the current political debate. Combined with Rumble's rising user base and expanding content the platform's relevance in the current political landscape, suggesting a bullish outlook for user and revenue growth over the next few quarters. If this topic becomes a hot topic and YouTube are put under pressure, we could get some bullish momentum behind this stock. Not financial advise.
NASDAQ:RUMLong
by NoFOMO_
8
RUM Testing Support at $8.12 – Eyeing Target at $8.86RUM is currently testing the support level at $8.12 after a strong move upward. The price action suggests a potential rebound, with the next target set at $8.86. Key support at $7.87 provides a solid base for this setup. Key Levels: Support: $8.12 and $7.87 Resistance: $8.43 Target: $8.86 Traders should monitor for a breakout above $8.43 for confirmation of upward momentum. Stay cautious and manage risk effectively with the stop-loss level in mind.
NASDAQ:RUMLong
by ProfittoPath
Ready to Rumble?Rumble, founded in 2013, is a video-sharing platform that promotes free speech by offering an alternative to mainstream social media sites. It aims to create a less-censored environment for content creators, particularly appealing to conservative audiences who feel mainstream platforms may restrict certain views. After the Joe Rogan interview with President Trump, which has caused an internet storm about this very topic, let’s analyse Rumble to see if it’s a worthy trade. The technicals suggest a megaphone pattern, which has higher probability of breaking to the upside. We remain below weekly moving averages but the compression suggests we could get a bullish move above this resistance and attempt to break the descending wedge pattern. There is not a lot of historical data on the chart but one can deduce the short term trend is bullish but we must remain cautious due to the larger time frame downtrend. Fundamentals Analysis The company went public in September 2022. Since then, Rumble has seen fluctuating stock performance with growth tied to political events and figures like JD Vance, who are vocal about censorship issues. Its growth projections are optimistic, supported by revenue initiatives like the Rumble Ad Center and new features such as livestreaming, which are expected to drive sequential revenue growth. However, Rumble’s revenue figures have sometimes fallen short of analyst expectations, indicating ongoing monetization challenges. Rumble has gained support from figures like JD Vance, who has been outspoken about censorship issues. Vance’s endorsement bolsters Rumble’s position as a platform for free speech, appealing to those critical of mainstream tech censorship. Vance, as a political figure central to discussions around censorship, indirectly lends credibility and visibility to Rumble, potentially encouraging other users who are seeking a less regulated platform to join. This aligns with Rumble’s unique market positioning and could fuel further growth, especially in a contentious election period. Conclusion Combined with Rumble’s rising user base and expanding content the platform’s relevance in the current political landscape, suggesting a bullish outlook for user and revenue growth over the next few quarters. If this topic becomes a hot topic and YouTube are put under pressure, we could get some bullish momentum behind this stock. Not financial advise.
NASDAQ:RUMLong
by NoFOMO_
RUM Struggling & aims for $6.00If we start closing high time frame candles below $6.80, the target will be $6.00. It left behind a massive FVG & Single print with the buy side imbalance. Stay focused. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
NASDAQ:RUMShort
by Navitility
5/14/24 - $rum - laughable valuation on trends... buyer beware5/14/24 - vrockstar - NASDAQ:RUM - of the 3 options we always have, buy/sell/hold... buying is probably the worst option. almost kind of weird how the stock is worth $2.5 bn in this tape - $100 mm in revenue, 25x sales? gross profit mgn is actually getting worse? they're spending more in opex? $200 mm in the bank and they minimally burn $100 mm this year? look - idk if this is a LT buy - but it's VERY hard for me to understand how the stock doesn't need to have a valuation evaluation done which is massively lower. i'll look to buy some MT puts on this thing closer to the gap below $4 for starters. and i'm being generous with earnings here. i think it's probably worth 5x at most sales and i'll even give them credit for no cash burn and the full $200 mm which would be $500 + $200 = $700 mm - which is 70% lower.
NASDAQ:RUMShort
by VROCKSTAR
Peak SillyThe only purpose of this SPAC is to legally steal money away from shareholders. After 15 minutes of reading I found some pretty abhorred stuff. The dilution will be epic. Here are the highlights: "As of September 30, 2023 our cash, cash equivalents, and marketable securities balance was $267.0 million..., we expect our strategy will require us to consume a significant portion of our capital raised. As of September 30, 2023, we had entered into programming and content agreements with a minimum contractual cash commitment of $123 million" "The Company is authorized to issue 1,000,000,000 shares". THERE IS ONLY 112 THOUSAND SHARES CURRENTLY OUSTANDING and an additional 168k locked up (implied shares outstanding 280k) On top of the extreme dilution, revenues don't even cover the cost to host the site! Currently valued in the billions I believe this will be sub 500 million after dilution. Using leap puts to short. The premium is high but despite the expensive premium I believe this is an easy 30% at expiration and potentially much more
NASDAQ:RUMShort
by retailmonkeybrainz
9