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Precarious time, if we make new lows 30 might be next.
We still have no visibility as the outlook according to SMS is still murky, who would want to tie up new money under this scenario and end up trapped for god knows how long?
How many of us thought S4 was undervalued at 150 then 100 then 70 yet the stock keeps going down. It seems the better AI stocks do the worse agencies, particularly S4 does. Maybe the end of an era for agencies. Another observation, having watched the latest Sir Martin's interview in Barcelona, is that he does not talk much about S4 but does keep repeating how the big platforms are getting bigger and absorbing most of the ad revenue. Now bearing in mind that the big platforms are creating software geared to cut the middle man out (S4 and the likes) and Nvidia keeps advancing in chip technology to enable this, the future looks bleak and the share price is telling us that. Personally, I'm far from impressed that Sir Martin is now embarking on another venture (S4 ventures), from an investor perspective, he should be fully concentrating on S4 considering how much this company has fallen.
Cheers Longfell, Nige & BrokenSmoke
Nice to have a respectful exchange without having my head bitten off for being so negative. Although, I must admit that longfell makes a very valid point and one must learn to chill out and detach one self from daily movements for a while, I'm particularly guilty of that.
Good luck to all long term holders, I'm going to try and switch off for a while as suggested.
Good point longfell, and yes, I meant buying at 39 and selling at 42 as you probably gathered.
I know a lot of people are saying when spend in advertising increases, but what I'm seeing is that the spenditure is there, just not been directed to agencies. Big tech ad revenues are healthy.
Msn, great for traders in my opinion, and you have made no secret of your large buys in the 42s range and selling in the 39s which is great for you, I must say well done to all traders doing well out of this dog. For any long term holders who piled in the mid 100s, I doubt we will ever see our money back.
This is the era where the technology has been enable to cut the middle man out, (the agencies). The big 6, Tik Tok, Meta, Amazon have decided they want the whole pie and the developments we are seeing gives a clear indication of that. No more crumbs for the rest it seems.
A shifting model from time led to outputs
https://adage.com/article/digital-marketing-ad-tech-news/how-ai-powered-workflows-are-fueling-marketing-led-transformation/2539591