Replies to post #108970 on Savvy Trades and Investments

[wadegarret]

Hweb, DRCT- Thanks for your view

For me, I also don't understand what they do. I mean I went into the 10K, and it appears they are a sort of advertising broker on both the buy and sell side, but not easy to understand. Also their auditors just fined by the SEC, as brought up by Gilead, doesn't exactly inspire. As you point out, there are companies that go balistic from time to time, and end up being scammy pump and dumps. Another thing is, when you find a company where the numbers are suspicious, you are apt to put very little in the stock, and get out quickly. For me, I'd rather put substantial money in a stock I know is legit, make a lower %, but can sleep at night. AAOI is a perfect example. I had patience with it, put in a nice chunk, and bought more on the dips, and plan to hold into 2024. By the way, I truly believe AAOI sees $30 by early 2024.

[larrybaz]

DRCT - Direct Digital price target raised to $12.50 from $9.50 at Roth MKM

The Fly - Nov 28 07:43 EDT

Roth MKM raised the firm's price target on Direct Digital to $12.50 from $9.50 and keeps a Buy rating on the shares. The management's long-term goal is to move more of its traffic to direct deals, which could benefit the company's bottom line by about 200-500bps in EBITDA margins relative to that respective traffic, and as such, there could be a long-term bias to improving margins, the analyst tells investors in a research note.

This Roth price target was hit yesterday, but the commentary is interesting nonetheless. Another analyst from Benchmark has a price target of 15 fwiw.