Rumble Inc (RUM)

[Imperial Whazoo]

Thank you for pointing that out. You actually saw a 100K order get put on the bid side?

My level 2 info rolls off the screen too fast to back track to see that volume event happen, so do you or anyone else know of a site that shows the historical tick data as it actually flooded the tape? I don't know if such a thing exists, but it would be a useful tool in future instances if such a thing were out there somewhere. I mean.... if you happen to see it prior to it scrolling away, that is good but I don't know of any tick data site that can be viewed in hindsight.

TIA

Imperial Whazoo

EDITED: another thought - I regularly rely on volume data as a mechanism to allow discernment of support and resistance points.

Basically, on a 1 minute chart, if you see a large volume event (in the one minute, it speaks of a quick & thus meaningful step in or step out of a position), it is a telling thing.

Based on your post, I looked at the volume events on DWAC & CFVI at the timestamps you pointed out & you are correct. In DWAC, somebody stepped in and bought about 80K at 8:50 Central time, followed 15 minutes later by a similar buy of 100K in CFVI.

These volume events did not generate sell offs, so they speak of buying in (rather than selling off).

As to whether this suggests that Rogan is reconsidering, it is irrelevant, IMHO. IMHO, it only matters that somebody decided to time two parallel buy-in events in a BIG way and that these two buy-ins did NOT generate a cratering of the charts of either of these two stocks. What happened is that somebody seized a value proposition by the horns and put a stake in the ground. I see these two parallel volume events as confirmations of the future growth potential of both CVFI & DWAC.

JMHO

Imperial Whazoo