Rumble: Wait For Post SPAC Discount
- Rumble investors vote on the deal on September 15.
- The company will raise ~$400 million without any redemptions, but the weak financials should doom the stock once public.
- The stock will likely sink from the current $3+ billion market cap when revenue totals are below $50 million.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »