Caden Youngquist, also known as CY Financials, led hundreds of investors to receive large returns in a recent IPO. Caden called out $CFVI (CF Acquisition Corp) the company merging with Rumble. He stated, “Rumble is like YouTube but better. I believe that free speech is important and Rumble is the first public platform to implement free speech.” He also said, “With Google’s earnings being down and YouTube losing some major creators due to being canceled. It was clear Rumble would grow quick and be the better platform.” Caden saw the perfect opportunity to get in early. A lot of people had mixed feelings about Rumble going public and many believed it had no chance against major streaming platform YouTube.
On September 16, the day of Rumble going public, $CFVI became $RUM and finished the day mostly flat. Caden was not expecting this to happen. Caden stated, “Most of the traders who followed my callouts weeks before going public were making serious money. Most traders on average made about 30-50% returns leading up to the day of going public.” He continued on to say, “I never did sell my position because I believed in the long term success of this stock and I believed this was the next YouTube.” He told me that this stock was a ‘Buy the hype, sell the news’ deal. Which is common for newer stocks.Caden led many day traders to success with major swings in price action pre merger, but clearly this stock fell short from being as big as he planned the day of going public.Who knows maybe Caden is right about Rumble being as big as YouTube later down the road.
In the end he led Investors to great success allowing them to catch a nice short term squeeze with the hype of Rumble going public. His YouTube channel to this day no longer exists and there is no clear sign if Caden will ever return to making investment videos.
Learn More About Caden Youngquist
Caden Youngquist is the CEO/Founder of Youngquist Capital. He is an American entrepreneur from Iowa. His company’s holdings consists of Caden’s Mowing Co which is a successful landscaping company based in Iowa. According to Youngquist Capital’s website the company’s investment strategy consists of reinvesting the companies capital into high yielding covered call option income ETFs. Caden’s Mowing Co is Youngquist Capital’s most successful and largest holding according to the company’s website making up about 95% of the company. According to Caden’s Instagram he is the COO of Nex Gen Wealth LLC which is a Airbnb hospitality company. Caden currently goes to the University of Iowa and is majoring in finance at the Tippie College of Business. He currently is a part of the Iowa Financial Management Association (FMA) through the University of Iowa. According to his Linked in he is certified in Bloomberg Market Concepts (BMC) which is a course provided on the Bloomberg Terminal by Bloomberg L.P.
Social Links
https://www.linkedin.com/in/caden-youngquist-300860276/
https://www.youngquistcapital.com/
https://www.instagram.com/cadenyoungquist/
According to his Linked in he is certified in Bloomberg Market Concepts (BMC) which is a course provided on the Bloomberg Terminal by Bloomberg L.P.
