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Subject:  Re: Magnite Making Its Move Date:  11/25/2020  6:29 PM
Author:  mekong22 Number:  73744 of 78042

Exactly! Investors in Magnite aren't buying because they think it will only grow in the 20% range going forward. I wouldn't have bought any MGNI if I thought it would only grow in the 20%'s next year.

That 6.1% new position I opened in MGNI two weeks ago (blend of shares and calls) is up more than 90% already! It's grown to more than an 11% position in just 9 trading days! This was, and still is, a great opportunity hiding in plain sight, especially considering the opportunity to add for a couple days even after earnings were announced, before the stock started this great run.

If Magnite is as successful as I think they can be, I expect we'll see much higher growth rates for the next several years.

and I agree with rockleppard that they are just getting started, and this business, and stock, has a long way to go!

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