BananaApe
Posted - 1 hour ago
$MGNI amazing how they keep this exactly under 12.5 on Oct 15… there is no manipulation at all
ponderevo
Posted - 4 hours ago
$MGNI damn pin, opex is friday
CaptQuint
Posted - 7 hours ago
$MGNI you guys are right. nothing to see. suckage
Buildgreatness
Posted - 7 hours ago
$MGNI Best thing we just all check back 11/7/2024. That would be a day we can figure out if MGNI is stock to stick with or just move on.
jcconlin
Posted - 8 hours ago
$MGNI No volume and pinned. See you tomorrow.
kavemm
Posted - 8 hours ago
$MGNI full disappointed.The stock is not moving after disney announcment. Low volume .the er soon...........
Apiker
Posted - 9 hours ago
$MGNI F-ing glued to the 200 on the daily! Since the rehash Disney news.
CaptQuint
Posted - 9 hours ago
$MGNI 12 again. Everyday.
W1llsterl1
Posted - 10 hours ago
$MGNI Netflix earnings Thursday night. Hopefully a positive update on progress of their ad service. Be interesting to see what happens with this on Friday into options expiration
DonCorleone77
Posted - 1 day ago
$TTD $MGNI $DV $PERI $NEXN Interesting note from a Needham report on Friday: "Rev Upside for Public AdTech Companies, if GOOGL Loses its AdTech Lawsuit" -- Catalyst for Note -- This week, all eyes are the list of remedies put forth by the Court in the DOJ vs GOOGL Search antitrust case, filed in 2020, which GOOGL lost. Most of our discussions this week have been focused on whether the government can (or will try to) break up GOOGL. We actually think GOOGL is worth more in pieces, than it is in its current state. On a related topic, in this note, we calculate the potential upside for public AdTech companies if GOOGL also loses a separate lawsuit filed in Jan 2023 in Virginia, whereby the DOJ accused GOOGL of illegally monopolizing the AdTech industry. The AdTech trial began on Sept 9, 2024 and ended on Sept 27. 2024, with closing arguments scheduled for Nov 25, 2024. - Investment Implications - We believe that there is almost no downside for the public AdTech companies related to this lawsuit, and there is material revenue upside. ■ We believe that the worst case outcome for public AdTech companies would be the status quo. However, the DOJ's goals are far more aggressive, we believe. ■ If the courts decide in favor of the US government and their remedy is that GOOGL must spin off its 3rd party AdTech business (ie, no ability to bundle going forward), this would be a material upside rev driver for the public AdTech companies we cover, we believe. In fact, we expect GOOGL to lose market share and revs to public AdTech competitors if either: a) GOOGL is no longer allowed to bundle its AdTech products with other GOOGL products; and/or. b) the courts force GOOGL to spin off its 3rd party AdTech business into a separate company. - Quantifying The Potential Upside of a GOOGL Loss - In 2024, we estimate that GOOGL will report $263B of total advertising revs, of which $32B will come from its 3rd party "Google Network Member's Properties" segment. 1. If the court finds in favor of the US government and its remedy is to spin off GOOGL's Network business, we estimate that GOOGL would lose about 10% of its $32B of 2024 revs every year, because it can no longer bundle. 2. Since the total net revs of all 9 public AdTech companies we cover adds up to about $5B (see chart at the end of this post), this represents about 63% revenue upside every year, on average, for each of the public AdTech competitors we cover. Certain public AdTech companies (ie, DSPs and SSPs) would benefit more than others, we believe. 3. Even if GOOGL is allowed to keep its AdTech assets, but is forced to unbundle them from Search and YouTube, we believe that the upside for public AdTech companies would be similar. The chart at the bottom of this post includes the most recent 12 months (through 6/30/24) of net revenue for each of the public AdTech companies in our coverage universe. In total, they add up to about $5B of net revs. - SUMMARY OF DOJ VS GOOGL ADTECH LITIGATION - The DOJ's primary contention in its AdTech lawsuit (our view) is that GOOGL controls >85% of the AdTech market AND it bundles, which results in customer lock-in which thwarts competition. We agree that GOOGL' dominates the digital ad market (all industry numbers support this claim) and that its bundling strategies make it a tough competitor for smaller companies. Also, given GOOGL's poor record in litigation outcomes so far, our experts believe that the US government will win this case too, and will ask the court to require GOOGL to spin-off its 3rd party AdTech business. We think this would be the best-case outcome for the public AdTech companies in our coverage, although, owing to appeals, we don't expect this to actually occur within the next 2 years. cc: @ponderevo
gorkha
Posted - 2 days ago
@Slinky76 @Who_Am_I actually 100 to 1.5 and now 150% up to 3.5. Competition trading at 3x to 4x. $MGNI and $U . I think it went up in anticipation of App Store but NOW reality coming for App Store after epic game vs google law suit.
ponderevo
Posted - 3 days ago
$MGNI man, WTF is with 12.30. Get up over that hump.
gorkha
Posted - 3 days ago
$APPS the $U is trading at 4x. And negative non gaap and massive debt. $MGNI at 3x with massive debt. $APPS trading at 0.7x . Come on institutions wake up.
gorkha
Posted - 3 days ago
$APPS the $MGNI trading at 3x and U trading at 4 x
CaptQuint
Posted - 3 days ago
$MGNI Less than a month ago, over 14. Swinging back around. BULL$
MetroStockTrader
Posted - 4 days ago
$MGNI “Our cash balance at the end of Q2 was $326 million, an increase of $74 million from $253 million at the end of the first quarter.”
Do you want to see what a healthy company looks like just before it goes parabolic? This is what it looks like.
https://www.fool.com/earnings/call-transcripts/2024/08/08/magnite-mgni-q2-2024-earnings-call-transcript/
MetroStockTrader
Posted - 4 days ago
$MGNI Will add at the 200DMA if it gets there…oddly, I hope it does before the next ER. It’s not a matter of IF with MGNI, just a matter of WHEN. 🔥🔥🔥
bossng
Posted - 4 days ago
$MGNI what number will come after earning? 10? 9? or 14?
Chenghiskhan
Posted - 5 days ago
$MGNI my dad says he is down to his last bit of patience with magnite and will sell around 14 and I feel that is most investors sentiment
CaptQuint
Posted - 5 days ago
$MGNI bought lil more at these lows. A prudent act. BULL$
jcconlin
Posted - 5 days ago
$MGNI Less than 30 days until ER
ponderevo
Posted - 5 days ago
$MGNI above 11.88 (20ema on the monthly) we're still in a bullish uptrend. I know it doesn't feel like it, but true.
ponderevo
Posted - 5 days ago
$MGNI okay, another heavy shuttling large blocks. Interesting day. The first six-fig was a sell, this large block was a buy.
