The Truth About Joe Rogan and Rumble (NASDAQ: CFVI)

Last week, unless you were shorting the Dow or bullish on defense stocks, you likely lost money. And analyst Jeff Siegel can assure you that had nothing to do with people canceling their Spotify subscriptions. Last week, unless you were shorting the Dow or bullish on defense stocks, you likely lost money. And analyst Jeff Siegel can assure you that had nothing to do with people canceling their Spotify subscriptions. [Energy and Capital logo] The Truth About Joe Rogan and Rumble (NASDAQ: CFVI) [Jeff Siegel Photo] By [Jeff Siegel]( Written Feb 10, 2022 The headline seemed damning, but the devil is in the details. Last week, Variety posted the following story… [roganrumble] But if you look beyond the clickbait headline, you’ll find that this poll is about as reliable as Chinese drywall. You see, what it doesn’t mention in the headline is that the sample size was only 657 people, or 0.00016% of Spotify’s user base. That’s not even big enough to be an accounting error. The narrative it wants to push — that Spotify is in trouble for supporting Rogan — doesn’t pencil out. This is also true for those who tried to equate a slide in Spotify’s stock price with the short-lived movement and Twitter trend to “cancel Spotify,” fully ignoring that the stock had been selling off for nearly a year and during that particular week, the broader markets were getting absolutely crushed. That week, unless you were shorting the Dow or bullish on defense stocks, you likely lost money. And I can assure you, that had nothing to do with people canceling their Spotify subscriptions. Expert Says New Battery Could Be "Tesla Killer" Tech Futurist who uncovered Tesla says: New “Forever Battery” is here and it is disrupting the $3 trillion EV Revolution in 2022. [Click HERE to learn more.]( Now, I don’t know much about Spotify from an investment standpoint, but I don’t buy for one second that Joe Rogan will be the downfall of the company. In fact, Rogan is probably the company’s most valuable asset. So it wasn’t surprising when Chris Pavlovski, the CEO of video-sharing platform Rumble, told Rogan via Twitter that he would pay him $100 million to leave Spotify and come to Rumble: We stand with you, your guests, and your legion of fans in desire for real conversation… How about you bring all your shows to Rumble, both new and old, with no censorship, for 100 million bucks over four years? This is our chance to save the world. And yes, this is totally legit. I don’t know how having Rogan on Rumble will save the world, but that hyperbole was enough to put some asses in the seats. Following that announcement from Pavlovski, shares of Rumble SPAC CF Acquisition Corp. VI (NASDAQ: CFVI) soared more than 30%. Never mind the fact that Rogan has continued to say he’s not leaving Spotify or that Spotify already has an ironclad contract with him anyway. The chances of Rogan ever jumping ship to go to Rumble are slim at best. That’s not to say Rumble won’t be a successful platform. It’s certainly been successful in attracting a right-leaning audience that feels ignored or trivialized by platforms such as Twitter and YouTube. Doctors Just Made a Shocking Discovery About the Aging Process... Take a look at these mice: Looking at the frail, decrepit mouse on the left, you would think that it’s years older than the sharp, healthy mouse on the right. But believe it or not... These mice are the exact same age. See, scientists were able to actually REVERSE its aging process by using one simple trick... And the good news is, ANYONE can use this simple trick. It could lead to a sharper memory, a boatload of invigorating energy, and a slimmer body. [Learn more about the secret behind this anti-aging trick.]( The question is, is that enough to make the stock a good investment? Given that there’s not really much here in terms of historical performance, it’s hard to say. The company has definitely been killing it in terms of growing its user base. Last month, Rumble announced it had nearly 11 billion minutes watched and averaged 4,383 hours of uploaded video per day. That’s not trivial. The company also saw nearly 20% growth in monthly active users, taking it up to 39 million. Of course, putting the asses in the seats is only half the battle. You also have to be able to monetize those asses. And therein lies the rub. It’s just too early to tell if Rumble will be successful in turning its right-leaning, anti-cancel culture ethos into tangible profits. If the company can pull that off, it could be a legitimate contender to more conventional forms of right-leaning media. But until then, this will be little more than a meme stock at best. In short, it might be great for trading, but I wouldn’t plan my retirement around it. To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]@JeffSiegel on Twitter]( --------------------------------------------------------------- Billionaires Abandon Ship While Bill Gates Battens Down the Hatches Mark Zuckerberg had been selling FB stock for weeks leading up to Meta’s big crash… Google founders also began to unload stock in anticipation of a market fallout. Even Elon Musk was among notable billionaires dumping stock as he got rid of nearly $6 billion in Tesla shares over the last few weeks. Are these billionaires abandoning their stock positions as blood flows through the streets? Maybe. But there’s one name you may have missed from the headlines… Bill Gates. As Wall Street one-percenters dump billions of dollars, Bill Gates is betting big on one technology — a technology poised to become an essential part of our society. The fact that he’s sticking to his guns during a historic market downturn on top of a chip shortage and supply crisis can only mean one thing… This rocket ship is poised to take off! We’ve put together all the details on Bill Gates' next big bet [right here](. [Learn how you can gain access to your free report and Bill Gates' next big stock pick now.]( Browse Our Archives [The Death of an Outlet Mall]( [Why Big Tech Is Coming for Your Brain]( [Wall Street Gets It Wrong Again: Explaining Crypto's 50x Valuation Multiplier]( [The Normalization of Theft Is Crushing Investors]( [You’ve Been Sleeping on This Investment for Years — It’s Time to Wake Up]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. 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