$MGNI No love for the downtrodden. Until an analyst comes out with something positive on MGNI, or the company makes a major announcement, there is little reason to buy, as someone will always sell the move up. I was a firm believer in the options explanation for the lack of movement upward, but there definitely is more to it than that. This company has a major perception problem by the MM. They either don’t believe in their business model, don’t believe in their business, or they are quietly accumulating shares. (which I don’t see either as the price just continues to fall, 2 separate runs of 7-9 days of straight losses isn’t accumulating in my book). I keep thinking it can’t drop much further, and yet it does. Really makes you question your DD, and your assessment of advertising in an era of CTV.
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