RE:RE:The Sellers Remorse EffectExactly guys, and let's keep in mind that AT's valuation is still just over 1x sales. We're not at 10x, 20x or even 30x sales with negative cash flow or losses like a lot tech that have participated in this run. So there should be no fear that we are in any sort of bubble after this run. AT is cash flow positive, profitable, and was growing revenue in the double digits (and even > 100% YOY a few times) before the pandemic, and this is all without the new self-serve platform.
But yes, it is hard not to sell some, as this is now my top holding by %, but I am resisting the tempation to rebalance. I have been a long holder/believer in AT, and agree with many here that we are on the cusp of something great, with the share price only now starting to remotely reflect it. Trade Desk is at 32x sales, just for a little perspective.
Here is the link to the presentation from the LD 500 conference for those that haven't seen it yet:
https://seekingalpha.com/article/4372193-acuityads-holdings-acuif-investor-presentation-slideshow
Cheers to the Shopify of programmic advertising (see page 11 of the deck), and good luck to all longs!