PUBM trade ideas
8/9/24 - $pubm - Started position at $13.58/9/24 :: VROCKSTAR :: NASDAQ:PUBM
Started position at $13.5
- ad solution with ~4% market share
- bad environment, stock now tells that story/ sufficiently punished
- cash of 165 mm (no debt) leaves this thing (after today's -30% move near ~$13.5/shr) at close to $300 mm valuation ex cash.
- round down $80 mm annualized EBITDA... to $60 mm and you're at 5x EBITDA for something that can grow DD
- FCF yield also in the low SD's
- not without some hair
- starting (an investment/ not swing) position here at $13.5 at 50 bps, would like to take to 1% if/as we get closer to $12
- below $12 and i'm starting to look at leverage (calls), but we're not there yet
LMK what you think.
V
$PUBM ceilings and drop zonesFrom earnings to earnings, PUBM is dropping to new drop zones.
Charts show, between each drop zone, it sheds about 23-33% share price.
Even though their fundamental value come closer to 11.8$ / share, their Net Income is dropping massively.
On top of a headwind against overall Tech stocks, and Ad Tech industry, perhaps only reason why PUBM is still holding most of it's value is because of less debt.
Although, not sure how the stock is set to respond to first ever anticipated negative eps in 2023, which goes shoulder to shoulder with decade's high interest rates for the last quarter between 3.5% - 4.5%
Additionally, between their gross margins having dropped significantly, a decade high inflation, continued rise of interest rates - potentially up to 5.25%, we can expect next few quarters of negative growth.
This clearly calls for further downside of at least 50% (just by assuming 2 quarters of negative growth) - the book value from there isn't as far, which would still continue to drop.
Hence, setting 7.54$ as next 6 month's price target for PUBM!!!
PUBMATIC IMCThis was request by Maddy50 one of my follower,,so i am analysing behalf of him.
well this stock is in downtrend since many month,,technically it looks penny stock i don't know properly, i have to check regarding why i found it is a penny stock because bellow daily time frame stock is not clearly showing its chart...well downtrend trendline breakout seen in this ticker on daily timeframe but this could be because of nasdaq rally,, anyway we can expect some rally towards 18+ if this ticker sustain above 18 then chart will look attractive buy and hold for short term to medium term,
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PUBM - Gorgeous chart
Testing 200DMA on a solid volume. If it builds between 200-50 DMAs i.e. 18-14, likely to emerge as a big winner on the long side. Failure here would test the ATL.
PUBMATIC- Neutral ViewPubmatic is moving in an uptrend channel with a neutral view, but if it breakdown from an uptrend channel or reverses from the support level it can give a good Risk Reward. before entering into the trade always analyze your risk.
Short term PUBM rise is possibleThis analysis does not really dig deep and is more suited for a small and non risky trade, a closing price would be suitable at $14.50 Further support could form. And resistance is likely form around $14.20. I personally will not trade more then $250 in this trade but it would be possible for this stock to maintain a continued rise all the way to $16.50.
Pubmatic - resistance 20-21, Support 15.8-16.75Holding 16.75 (with some margin of error, not touch and go) pubmatic can rally here
Immediate and critical resistance if rally sustains will be around the 20-21 band
Possible PUBM Long?PUBM has been on a long term downfall, but that could change as trend lines break, and new ones show up, there is a new possible long targeting 15.4 as entry and 20 as exit point. what do you think?
$PUBM - 0.618 retracementBeautiful 0.618 retracement, potential breakout of a bullflag. My favorite small cap that had great earnings.
PUBM - retest of the diagonal trendlineThis stock gas been such a trainwreck. Company that actually has a nice product and makes money. Earnings coming soon. P/E ratio 15.78. It tried to make it out of the trendline but failed. Now retesting. Let's see.
PUBM - Could catch fire soonhas been hammered in the recent sell-off in growth names, but IMO this name was already oversold before recent sell-off.
With strong earning from GOOGL, & FB (?) Could get attention from the institutions and retail to ramp to the trendline resistance by ER and higher post ER.
Lower range is well defined for now, and there is enough supply to provide better entry.
Should be on watch for 2022.
PUBM: another bounce candidatePUBM :
Growth stock. Bounce candidate.
Why?
1. We retraced 78% of the move that started in October. This level is good to initiate a long trade because it allows you to place a stop loss not too far below the line.
2. Demark Sequential is on a 9 daily . (More details below on Demark indicators)
3. RSI is low and at a level where we have seen substantial bounces in the past.
Depending on how markets open, I will look for a long entry around the current level. Swing trade .
My initial target will be 30-32, then I'll reassess. The success of the trade will depend on how Nasdaq behaves so I'll be careful and monitor the indexes closely.
I also like the fundamentals of this company for long term so I might consider a long term investment as well.
Note:
DeMark Indicators are designed to anticipate turning points in the market.
A Buy Setup occurs when there are 9 consecutive closes less than the close four days earlier.
Trade safe!
PUBM is trying to breakout from the triangleNicely up today, trying to breakout from the triangle. I'm long.
Easy money here, $PUBM Call. Bullish wedge is evident. My entry point will be at $41.00, hopefully this Friday. Will purchase a generous handful of CALL Options @ $45.00 - expiring January 21, 2022. Looking to sell and take profits during the last week of December. Stock's finances look great.
$PUBM Holding Up WellYou can point quite a few negatives on IPO $PUBM setup (deep base, plenty of supply on the left hand side, etc.)
but when it trades more vol on most recent earning that it ever did before & then they don't slam it when growth stocks are getting killed. You HAVE to take notice!
PUBM - PubmaticTrade opened off of the double-bottom from the PEG day low. This is my second time trying to buy this name this week. I originally bought on Monday as it began to reclaim PEG day anchored VWAP but was quickly stopped out that same day.
PUBM has good EPS growth & sales growth to support it. Buying off of this double-bottom offer a clearly-defined level to manage risk from. If it breaks back below, I gotta go.
If the stock can reclaim its anchored VWAP, I will look to buy more and raise my stop under this afternoon's consolidation.
PUBM bullish near termGreat positive, yet steady, channel forming for PUBM headed into earnings on the 9th. Stay long
PUBM - 195-min interval195-min interval - no predictions, no targets, line up the cRSI & TSI with price, follow the trend. I also changed the lower level cRSI from 30 to 20, more over-sold target and removed the top level 70 completely.
PubMatic Breakout?NASDAQ:PUBM
Price action suggests a potential breakout backed by momentum and cycle analysis.
Stock has extremely high short interest and with earnings report due next week, volatility is expected
I'm taking a small long position and will either exit or accumulate pending price action.
