Trade Desk down four. Trade desk has been disappointing. I'd like to see Ventura boom more, but uh it's hard. You don't have the industry, you know.
So, we got rid of Tradeesk at like $120 a share, and it's because we saw a red flag coming from Netflix. Unfortunately, uh my stock Algo has even more downside ahead for Tradeesk.
I have this at like a $4 fair value estimate, which is really bad. Like really, really low.
Well, I I'll just give you the answer right here. Their revenue is up 3% and their costs of goods sold increased 22%. Growth has collapsed and costs are exploding. And maybe maybe they could turn it around.
I hope they could turn it around. I'm like jealous. Uh or or I I shouldn't say I was jealous. I'm not jealous. Trade. I am uh well, okay, let me figure out how I'm trying to word this.
Trades is the biggest company in the city that I live in, Ventura, California. I would love for them to boom because it helps the city, right? So, like I want to see them win, but they need to turn it around because right now their margin trajectory justifies a very low price target.