Rocky’s Weekly Stock Picks

Wow, more market downturn! Everything is on sale!

1. ACVF - $27.60/share. We don’t see anything posted about a dividend or ex-div, so maybe we’re not going to see one this quarter. Doesn’t matter, we just want more shares of the American Conservative Value Fund.
   
   The dividend is negligible, annualizing at 0.82%
   
   

2. RUM - $12.03/share, this represents the Rumble social media platform. This is a newer listing, and there are not any options. There’s a bit of news about some supposedly popular entertainer with the youth, signed for exclusive content creation on Rumble.
   
   That’s probably great for the platform, but doesn’t affect our reasons to be bullish on Rumble.
   
   

3. RIOT - $6.33/share, weekly options. The price is right. We remain strongly bullish on the long-term value of this company.
   
   

4. ELUXY - $20.92/share, ex-div 9/29, $0.97/share. This the Swedish company Electrolux, and this ADR is a pink sheet traded OTC.
   
   

5. ORC - $10.22, ex-div 9/29, annualized 18.79% . This isn’t all that far off the mark, as ORC is normally in the double digit returns.
   
   At present, we’re making a point to average down on our shares. The recent reverse split has predictably predicated a steady price decline. We expect most of that decline to have already happened by week’s end.