TRMR to rocket3 Nov 2021 18:38
With Criteo's results today shooting the stock up by over 25%, and following Peri's similarly strong results a week back, I am expecting a rocket boost to Tremor come the 11th November when their results are announced. Although the stock continues its typical yoyo pattern, and in reality has moved nowhere since the Nasdaq listing, Ive come to realise that for now until the 11th, the 700's in share price are all we can expect. I could see it shooting up over the 800 mark following results but, in keeping with the sector's fears about changes in Apple's IOS and Alphabet's Chrome platforms I don't see it staying much above 800p. Going forward I still am massively committed to the stock and have every confidence that forward results in 2022 will continue this huge growth pattern. But my many years of being attached to this stock have taught me to be cautious about how the market sees this sector. One possible further rocket boost may well be another earnings enhancing acquisition. After all they are sitting on a massive cash pile which will only have grown since last quarter.