Fluent Inc (FLNT)

[Monksdream]

FLNT new 52 week low

[Monksdream]

FLNT new 52 week low

[flattire69]

In this geopolitical and inflationary climate it seems logical to snap up some of the better competitors. Consolidate the market space so to speak. I mean $400 million annually for a micro cap company isn't chump change. They were to present at the canaccord conference today but they do that every year.

[joepcf]

Honestly I hope somebody comes along and buys them out. These guys just put no effort into the IR/PR side of the business and remain unnoticed. They have a BOD who has purchased no shares down here showing no confidence. Only Matt and Ryan continue to buy shares which is BS. They need a mover and a shaker on the board.

[joepcf]

YEP

[flattire69]

With their current share structure and $400 million in yearly revs the pps, as I calculate, should be around $5.00. Dwelling down here in the low $1's is way undervalued imo.

[joepcf]

Yes still follow and have plenty. Ironically I think it was one of their better cc, as far as guidance. They did say they expect to meet or exceed industry standard double digit growth. They will probably top 400 million in revs this year and hopefully bring up the eps with that as well. But todays cc with no questions after absolutely magnifies they’re huge need for IR/PR. They are market side of the business very weak.

[flattire69]

How's it going Joe. Always interested in your take on financials. Did you listen to the conference call? The elephant in the room, which was barely mentioned, is the .70 cent loss EPS. It's a goodwill write off, or so I take it as such. The rev's were outstanding IMO but that $57 milly write off just doesn't look good. If you still follow this, what's your take on Q2? TIA

[Vipyr]

Thanks. Yea, its all about timing, and I got lucky for once :D And yea it is still way undervalued here. People dont like stocks like this because they are not exciting. I could care less honestly.. Its a low floater which is most important me.. Mainly doing technicals... but I bought this not only because it was a bottom play on the scans, but the insider buying. I love playing insider plays.. Anyways, glad to see it moving in the right direction now :)

[flattire69]

Great pickup. Unfortunately I'm unable to watch the trading closely enough. I had a buy order in the $1.50's but it never filled. I'm just glad to see it moving north. It's way undervalued down here IMHO. GLTU

[Vipyr]

I caught the bottom of this one or near it at 1.71s and 1.72s, and 1.73s I loaded the boat,. had come across this play on my insider buying list, along with some others.. but I liked this one the most because its a low floater. Now look at that chart. $$$$

[flattire69]

The last two major runs topped at 7.50 and 8.50. The first one retracted all the way to 1.01. If the 2.00 level doesn't hold here it may slide to the 1.25 area. I'll pick up a bunch if that happens.

[joepcf]

You are right but it has increased revenue dramatically. Waiting on 4th qtr numbers maybe somebody takes these guys out down here

[flattire69]

Well Joe should we put a fork in this? The Q wasn't terrible but the changes being made to upper management is not something you'd expect from a well run operation. Interim CEO, new CFO, I mean these are major changes.

[joepcf]

Probably so.

[flattire69]

Well for the time being the shorts are going to have a field day with this.

[joepcf]

Yes one of their biggest problems is communication with the market. Do you know the CEO said absolutely nothing about their international growth during the cc yet they increased their revenue by over 45%. Had to find it in the 10k.

[flattire69]

I really don't understand why they took the conference call transcript and put it into a 8k. They flat out admitted that they expect a 11% to 13% drop in revenue going forward. Whether it's short term or not the market didn't like it. Hell, I don't like it. They still are having a big problem finding an identity. Oh well, if it tanks back towards $2.00 I'll be buying some more.

[flattire69]

One thing is for sure, this stock is not for the faint of heart. :)

[Glider549]

I'd include TTD in that excellent group.

[joepcf]

Looking for $10+ by earnings next month and $20+ by year end

[flattire69]

Whats your opinion of where this is going?

[joepcf]

They are in a hot sector with both APPS and MGNI. On fire. Earnings for 4 th qtr in March and will be record revs. Lots of eyes on them revs keep growing

[flattire69]

Almost 6 million in volume during Fridays trading. Something appears to be cooking. The trade volume has been creeping up in recent days. Any thoughts?

[whytestocks]

Just In: $COGT Cogent Biosciences Reports Third Quarter 2020 Financial Results and Provides Corporate Updates

Cogent Biosciences Reports Third Quarter 2020 Financial Results and Provides Corporate Updates Andrew Robbins appointed President, CEO and Director Final results from PLX9486 + sunitinib Phase 1/2 study in GIST patients selected for oral presentation at Connective Tissue Onc...

Read the whole news COGT - Cogent Biosciences Reports Third Quarter 2020 Financial Results and Provides Corporate Updates

[whytestocks]

Just In: $COGT Cogent Biosciences Appoints Andrew Robbins as Chief Executive Officer

Cogent Biosciences Appoints Andrew Robbins as Chief Executive Officer Seasoned executive with deep experience developing precision medicines for genetically defined diseases, most recently as COO of Array Biopharma PR Newswire CAMBRIDGE, Mass., Oct. 26, 2020 CA...

Find out more COGT - Cogent Biosciences Appoints Andrew Robbins as Chief Executive Officer

[OTC_Buyer]

Looks like it might be trying to break loose finally ... wonder what is up with today’s volume?

[TFMG]

$FLNT | #Fluent Earnings Trade


Possible long above 200ma with mid channel as resistance. Stop loss below 50ma Indicators bullish and rising.

[flattire69]

This was originally a Phillip Frost play, the only one I ever played. Tiger Media did a reverse merger with Cogint which in turn spun off Fluent and Red Velvet. I believe the Dragon Chain connection lies with Red Velvet. I have free shares of Red Velvet due to the spin off. I'm just holding on to those to see what happens.

[OTC_Buyer]

If I can remember correctly I believe what made me invest here was a Dragonchain crypto connection??? Dragonchain was created by Disney but no affiliation now if correct too.

But as you said it is my longterm one also.

[flattire69]

I believe this to be a big winner in the long run. I've been playing this since Tiger Media. I've road out RS's, reverse mergers, spin offs, and have never lost money. In the end I think your daughter will be happy, and if she's happy, your happy :)

[OTC_Buyer]

You timed that just right ... congrats on your pick up the day before the jump.

I am LONG on this one myself. (Well my daughter is actually.) Hopefully years from now it will help offset some college expenses. LOL

[OTC_Buyer]

$51 million traded on Jan 15th ... that is about 50 times average 10 day volume.

[OTC_Buyer]

Most volume in 3 years, wow ... there was an 8K filed on 14-Jan-2020 ... preliminary financial metrics for 2019 seem to be up compared to year prior which is always a positive but unsure if that was enough reason to cause it to jump. Granted low OS = low Float.


(I have FLNT shares from 2018 in my daughter’s long term account. I am down currently but their RDVT spin off has made up for it so far. But this movement does look promising long term for FLNT to make a come back.)

[OTC_Buyer]

About time ... their spin off is doing great so I don’t know why this wouldn’t be too.

[ClayTrader]

* * $FLNT Video Chart 01-15-2020 * *

Link to Video - click here to watch the technical chart video

[Stock Logics]

FLNT looking great!

[flattire69]

I've picked up a few at these wholesale prices. This stock is way oversold. This was in the 7's not long ago and should make its way back into the 4's soon enough.

[Novo311]

It going to be real cheap tomorrow
morning.

[flattire69]

I too thought the earnings were good. I have been expecting a pull back but not to this extent. Will be interesting to see how much more selling takes place. Might get a chance to pick up a few more cheap.

[joepcf]

I think it is wellington, there is no reason for panic that earnings report was stellar and they continue to add top talent.

[flattire69]

definitely going in the wrong direction now.

[flattire69]

wasn't expecting this after the earnings. A lot of shares being dumped.

[Novo311]

Does anyone have the earnings cliff notes that they can post here

[Novo311]

Can’t go up everyday.... or can it!!!

[TrendTrade2016]

FLNT was a sell on the extended volume gap...watch for gap to fill and re-entry!

[Novo311]

Some huge volume today and a bulk buy at 7.19 at the end of the day!!!

[TrendTrade2016]

FLNT really starting to show off. What a monster

[TrendTrade2016]

FLNT what an amazing long play. Hang on things are going to get very exciting around here$$$$

[Novo311]

I would imagine after they get fully get settled into the new NYC office things are going to pick-up even more. Any word how the transition from Florida to NY has been going?