Aug. 6 at 10:10 PM
$TTD well I was silly enough to buy prior to ER at
$20 fancying myself “in for the long haul,” LOL although I hate sitting on unrealized losses, the company still has a thesis in my opinion… if you believe that, the ads and marketing engine can find a growth lever with AI products spending, this company might have a chance at retribution over the next 5 to 10 years. At these levels, given their balance sheet, I think the risk reward is really fair to average into over the next coming months and years. We knew this business was struggling with decelerating revenue growth. That’s why they dropped 3/4 of their market cap, so these weak ER numbers are concerning, but not surprising. The thesis is a turnaround play similar to
$NKE . The risk is things get much worse without ever turning around. Think CEO Jeff should be removed asap.
