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Subject:  Re: Magnite Making Its Move Date:  11/25/2020  12:54 PM
Author:  rockleppard Number:  73726 of 77979

I sincerely hope some folks jumped aboard (or are still considering jumping aboard) this stock as heavy volume buying has been consistent most of November. As I stated a week ago when the stock was at $13 and just starting to move, this company has significant potential moving forward and I believe 2021 is going to be a blockbuster year for Magnite. Nobody is better positioned as a SSP (sell-side), and they are operate quite cohesively with TTD in their DSP (buy-side) focused business. The stock has ripped past $15 and is now nearly $20 (up another 10% today) as more firms and folks become aware. I also understand Beth Kindig has been raving about Magnite though I am not a subscriber to her services as yet.

This market cap has quickly doubled in a short period of time but at $2B (vs. TTD's $40B) and a lower sales multiple, I believe MGNI remains an extremely good story stock value and has a very long runway of business expansion and share price growth to pursue from here.

FWIW, I put all of my Fastly shares into this name given my analysis, and MGNI has not disappointed now already growing to 15% of my portfolio since Q3. Another example of pursuing higher confidence stories rather than waiting out those with more complicated stories to unsort. Thank you Saul for beating that concept into so many on this board.

Fool on!
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