Category: Uncategorized

It’s hard to look away when your portfolio is getting beaten up, but the best thing to do is keep an eye on market caps to appreciate the value of what you own. It’s painful if you need money immediately and have to sell, but for those who can wait we’re bound to reverse course.… Continue reading 21Jan22: Carnage

Get these in the ground as soon as possible: Puma Biotech (PBYI) $106M Viant Tech (DSP) $490M Perion (PERI) $879M PubMatic (PUBM) $1.3B Magnite (MGNI) $1.8B fuboTV (FUBO) $1.9B DoubleVerify (DV) $3.8B Digital Turbine (APPS) $4.2B “The best time to plant a tree was 20 years ago. The second best time is now.” -Chinese proverb

The devastating carnage has been delivered and unless the market has a few more parting shots left, I think we may be done. The battlefield is torn up with wounded soldiers strewn about. These eight in particular received heavy fire, but they’re assessing damage and preparing to fight back: Puma Biotech (PBYI) $103M Viant Tech… Continue reading 19Jan22: Square One

The stock prices for ad tech now makes no sense. The titans of finance want to flush out all the weak hands, so the best thing to do is just hold on tight and buy if you have any available dry powder. These six quality companies have reached ridiculously low market caps: Viant (DSP) $498M… Continue reading 18Jan22: Head Games

Dumbfounded (adjective): greatly astonished or amazed.  It is inexplicable to me how the market caps of some of the best-in-class programmatic advertising companies have dipped down so much. What else can you do except keep your sails unfurled to capture the financial winds when they start blowing again? At these values, once they arrive it… Continue reading 14Jan22: Stupid Low

Viant (DSP) $554M (5.29%) Perion (PERI) $934 (.90%) PubMatic (PUBM) $1.45B (3.52%) Magnite (MGNI) $2.2B (7.08%) fuboTV (FUBO) $2.4B (9.07%) DoubleVerify (DV) $4.6B (5.54%) Digital Turbine (APPS) $5.2B (.92%) Average return for Tues Jan 11: 4.62%

In the midst of pain while watching your portfolio getting kicked around, take a moment to think about what successful investing really is: getting in early on growth companies so you can have multiple returns in the future. Peter Lynch is famous for popularizing the tenbagger (10x) target for investing, especially with the idea that… Continue reading 11Jan22: Future Tenbaggers

In horse racing if you have confidence in a horse and want to maximize wagering on every possible combination, you make what’s called a wheel bet which covers the field broadly, thus giving you more chances to win. Imagine investing as a continuous horse race… and over at the Programmatic Advertising track we have some… Continue reading 10Jan21: Wheel the Field

The Dirty Dozen group of securities was created on October 7th and I’ll be tracking its progress on a monthly basis by posting on the 7th of each month. Market cap will be the measurement for gains and losses. Three month returns: Puma Biotech (PBYI) $112M (-57%) Brightcove (BCOV) $411M (-14%) Sierra Wireless (SWIR) $646M… Continue reading 7Jan22: DD report Mo.3

Viant (DSP) $490M Perion (PERI) $952M PubMatic (PUBM) $1.5B Magnite (MGNI) $2.1B fuboTV (FUBO) $2.3B DoubleVerify (DV) $4.7B “The truth may be puzzling. It may take some work to grapple with. It may be counterintuitive. It may contradict deeply held prejudices. It may not be consonant with what we desperately want to be true. But… Continue reading 6Jan22: Fire Sale