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MAGNITE INC COM USD0.00001MAGNITE INC COM USD0.00001MAGNITE INC COM USD0.00001

MAGNITE INC COM USD0.00001

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MGNI - January 3, 2021MGNI is an independent sell-side advertising company that leverages omnichannel advertising. MGNI was formed in 2020 from the merger of Telaria and Rubicon, and now is a growing competitor in the CTV, mobile, and desktop ad space. The company has reported Q3 2020 revenues of $61M, 18% of which are attributable to the attractive CTV segment. The company is expecting strong CTV growth in Q4 2020 between $72-75 million. MGNI supported 23% EBITDA margins in Q3 and expects this to expand to 30% margins in Q4 2020. MGNI is not net income profitable yet. It has had a huge bullish run in the last 4 months of 2020, and is now consolidating at the 30 level. MGNI can push higher to 40 in the coming weeks as we continue to see institutional adoption of the stock.
NASDAQ:MGNILong
by AptitudeFinancialAdvisory
MGNI nice uptrendMGNI: Like TTD, Trade Desk. I just got (2) 1/15/21 expiry $30=35 strangles. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum www.tradingview.com
NASDAQ:MGNILong
by Options360
1
$MGNI | A Fundamental & Technical Long$MGNI is finally getting the recognition it deserves as the SSP in programmatic advertising. On a fundamental basis this stock trades at <10x sales, a massive discount to $TTD trading at ~40x 2021 sales. On a technical basis $MGNI is just now breaking out of a multi-year downtrend/bottoming. The potential for $MGNI to make another 100% move to $40-$50 is, in my view, very much in the cards. I am heavily long $MGNI (and $ROKU from my previous posts) and am looking for $MGNI to exceed $100/share by 2022. I own shares and June $20 & $22.50 calls on $MGNI
NASDAQ:MGNILong
by UnknownUnicorn7308096
6
CTV play with large growth potentialMagnite is the largest independent sell-side platform for connected TV advertising. As ad dollars shift from traditional cable to more targetable and flexible formats, companies in this space will continue to grow. MGNI is at an attractive price and seems to have formed a base, working on the right hand of a cup shape. Entry over the marked POC is a conservative entry, one potential catalyst is the Q3 earnings report on Nov. 6th. Long-dated calls and leaps are attractive here.
NASDAQ:MGNILong
by SpinTrades
6