Post by
campst on Jan 22, 2021 11:21am
MGNT today
Target price upgrade for Magnite could be contributing to AT momentum. GLTA https://seekingalpha.com/news/3653590-magnite-jumps-as-craig-hallum-lifts-target-on-ctv-momentum
Comment by
Torontojay on Jan 22, 2021 12:00pm
Magnite up over 47% in the last month!
Comment by
campst on Jan 22, 2021 12:27pm
Oops. Thanks for these correction retiredcf.
Comment by
retiredcf on Jan 22, 2021 12:41pm
And to give you some idea of trading volume, ACUIF has traded 152K on the OTC while MGNI (which is also up 7.4% today despite a negative day for the NASDAQ) is just about to cross 5M traded. GLTA
Comment by
BeatsBast on Jan 22, 2021 1:45pm
I'm trying to imagine the first day on NASDAQ. I mean MGNI has alot more sales but still has negative earnings.... and don't know when they will be profitable.... When we come in on NASDAQ cash flow positive and lots of room to scale up without increasing expenses! ... Boy. How high do you think it will it spike? 30USD? ( disclosure I'm holding a little bit of MGNI + lots of AT)
Comment by
Torontojay on Jan 22, 2021 1:59pm
I think it has potential to go to $30 US by end of the year. The markets have to be in a good mood and a return to normalcy following the pandemic will help boost the economy.