Rumble CEO Chris Pavlovski Tweets "I'm Acutely Aware That Nearly 10m Shares Are Short On Rumble ($RUM) I Will Make One Thing Clear, It's A Mission Of Mine To Make It Absolute Hell For These Shorts."
Portfolio Pulse from Happy Mohamed
Rumble CEO Chris Pavlovski has tweeted that he is aware of nearly 10 million shares being short on Rumble ($RUM) and has made it his mission to make it difficult for these short sellers.
July 21, 2023 | 3:24 pm
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POSITIVE IMPACT
Rumble CEO's tweet indicates his intent to challenge short sellers, which could potentially lead to a short squeeze, driving up the stock price in the short term.
The CEO's tweet indicates his intent to challenge short sellers. This could potentially lead to a short squeeze, where short sellers are forced to buy shares to cover their positions, driving up the stock price. However, the actual impact will depend on a variety of factors, including the company's performance and market conditions.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100