This is ridiculous. Yeah, I think $APP is on sale and quite appealing here. Again, nothing fundamentally wrong with the company! Some are comparing to $TTD - that couldnāt be more wrongā¦ You don't have declining spending cohorts with $APP. The miss was due to machine-learning model training issues (of which were rectified) - and now are showing meaning gains in Q3 as per management. We've seen this happen before with $APP so I'm not surprised. Roadmap ahead is quite appealing too... Surface expansion onto: - Apps other than gaming - Openweb (eg, Shopify stores) - Connected TV via their Wurl acquisition - Lastly, Gist - which is their own Pinterest competitor to be released. All of these provide more supply surfaces to offer more conversation optionality. $TTD on the flip side, has seen declining spend and wallet-share within core automotive and consumer sections while the competition has seen ZERO decline nor macro headwinds. I'm bullish. $APPS
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12 Comments
J Timothy Hill@jtimothyhill Ā· 17h
The market is irrational, they are pricing it as if APP is fundamentally broken. Itās astonishing, but it can only be irrational for so long
Ryan Broumand@Rbroumand Ā· 1h
Significantly increased my position after this dip. It doesnāt make sense based on their earnings.
Greg Mills@2twogeeez Ā· 12h
@realnickstrategy I've held $APPS for sometime , and I'm long on apps, I'm buying the dips
KK @driven88 Ā· 17h
I made more money playing APPS earnings at week ago . In and Out !
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