$MGNI After hours volume was average, so I'm not expecting a huge day tomorrow. The chart remains a disaster, inexplicably below all moving averages. 12% short interest should help. This is a monthly OPEX week, and the options chain is telling. The 5 calls will be good money, but they'll try to keep them from getting too lucrative, so low 6's is the best I think we can expect. No way in h*ll they allow it to run up enough to save the 7.5's. Plus, honestly, there's nothing in the Needham upgrade that wasn't already known. Wouldn't be surprised if Needham had their eyes on the 7.5's.
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