Marathon Digital Holdings Inc (MARA)

[yanquitrader]

Marathon is quietly repositioning themselves. They were clear that they needed to complete the process of good-faith negotiations on their new patent properties before moving to litigation. They suggested that would take them through the end of last quarter, I believe - or something close to that.

Either we see some kind of licensing soon or we should see some cases filed. If we exit Q1 without either, I think that will be troubling as it pushes any litigation-based revenues into 2018. As for near-term expectations, Roth gave us their numbers at the end of November. It shows that Q4, Q1 and Q2 will all be fairly negligible in terms of earnings. However, it then shows a huge jump to the positive side beginning Q3. It is not yet clear what the impetus for that revenue surge will be in that there clearly will be no significant litigation heard within that time frame.

So I agree that the outlook for 2017 is still very questionable - it would be very helpful to get some guidance from the company here. Anyway, here is the Roth outlook (provided earlier but reposted here for reference):

https://www.com-unik.info/2016/11/25/fy2016-eps-estimates-for-marathon-patent-group-inc-mara-lowered-by-roth-capital.html

~ yanqui