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AppLovin (APP) big winner today up 46%

Posted on 11/7/24 at 10:08 am
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24998 posts
Posted on 11/7/24 at 10:08 am
Got in about 2 months ago for just some hopeful steady increase, they smashed their Q3 earnings at the right time with the Trump Bump happening.

Something to keep an eye on, it is software for advertising

https://www.investors.com/news/technology/applovin-stock-hits-record-high-on-q3-beat/?src=A00220

quote:

"Management made clear that virtually all of its Software Platform business is derived from delivering mobile gaming ads to mobile gaming players," Pachter said. "The company has recently begun beta testing an e-commerce solution as part of its platform that allows national and local businesses to acquire customers who play mobile games by delivering ads on the Axon 2.0 platform."

With the e-commerce tool, local businesses can acquire customers who are playing mobile games near their location. For instance, a pizza parlor could offer a coupon for a pizza to a nearby gamer, Pachter said.


quote:

Wedbush Securities analyst Michael Pachter maintained his outperform rating on AppLovin stock and upped his price target to 270 from 170.


This was one recommended by my Edward Jones FA, I guess he earned his 1%
Posted by Double Oh
Louisiana
Member since Sep 2008
23398 posts
Posted on 11/7/24 at 11:05 am to
Nice
Posted by auwaterfowler
Alabama
Member since Jan 2020
2866 posts
Posted on 11/8/24 at 8:13 pm to
quote:

I guess he earned his 1%


Just so you know, you are paying well over 1% annually for EJ.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24998 posts
Posted on 11/8/24 at 8:39 pm to
quote:

Just so you know, you are paying well over 1% annually for EJ.


Technically yes, if you want to get into the little details.

Here is my current YoY return, of which I am doing zero work.



I am completely fine with his fee, I have a life to attend to and a day job. I cannot be Gumbo Gary day trading for massive gains.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4481 posts
Posted on 11/8/24 at 8:48 pm to
This seems like a company that Hindenburg will throw their entire team behind.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24998 posts
Posted on 11/8/24 at 9:01 pm to
quote:

This seems like a company that Hindenburg will throw their entire team behind.


Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 11/9/24 at 11:08 am to
quote:

Just so you know, you are paying well over 1% annually for EJ.


How much do you think it is?
Posted by IbalLSUfaninVA
Alexandria
Member since Jul 2008
3537 posts
Posted on 11/11/24 at 6:22 am to
I fired my fidelity advisor.

Passive index funds. I don’t spend that much time and I actually beat my advisor last year with low cost index funds.

Long term investing.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24998 posts
Posted on 2/13/25 at 9:56 am to


Posted by cgrand
HAMMOND
Member since Oct 2009
46733 posts
Posted on 2/13/25 at 10:04 am to
frick yes
congrats
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4481 posts
Posted on 2/13/25 at 10:30 am to
Looks like my comment hasn’t aged well.
Posted by Eighteen
Member since Dec 2006
36928 posts
Posted on 2/13/25 at 1:52 pm to
wasn’t there thread on here with someone asking about how to short this company?
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24998 posts
Posted on 2/13/25 at 2:22 pm to
quote:

wasn’t there thread on here with someone asking about how to short this company?


https://www.tigerdroppings.com/rant/money/buying-put-options-in-applovin-with-expiration-of-late-next-year-advice-needed/116732846/
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