digital turbine (APPS)

[gistheman]

I don't have a pm subscription, so responding to question here. I do think the slight pullback is a good entry if you believe in the next few Qs here. There are around 4 million short, so if estimates are met and the revenue ramp is real (this time), these share prices will be rear mirror. The stock is trading in an up channel here and broke out from a cup and handle pattern recently. I am very wary of high short position stocks, as they always seem to know something we don't, but the squeeze here could be drastic if things remain on course.
Recent Ladenburg analyst quote mentioned the Facebook deal for first time in print, so take that for what its worth.

"Digital Turbine, Inc. (APPS): We note that Digital Turbine (APPS, $1.56, Buy) remains confident in its $27 million revenue guidance for the September quarter. With several large new partner roll outs slated for fiscal 2018 and the successful launch of the Galaxy Note 8 with multiple carriers, we believe the company is now positioned for meaningful revenue growth in future quarters. Additionally, the company appears on track to roll out its "Ignite Delivers" product with Facebook (FB, $174.52, Not Rated) early in 2018. With a revenue break-even of roughly $25 million, we believe the company can deliver positive EBITDA for the September quarter and believe the company remains undervalued on a market cap/sales basis."