Swipe Right on MTCH
Updated
Price target 92$
DD
Very Bullish given the current market environment. I expect an earnings beat, increased users, and positive guidance. The headwinds I see are Ad revenue, debt rating, and debt servicing.
"On March 30, Tinder received the highest number of swipes ever recorded worldwide at 3 billion."
- corvallisadvocate.com/2020/social-distancing-and-the-world-of-online-dating/
DR. FAUCI SAYS YOU CAN MEET A TINDER DATE 'IF YOU'RE WILLING TO TAKE A RISK'
- newsweek.com/dr-fauci-meet-tinder-date-if-willing-take-risk-1498317
Debt issues
- moodys.com/credit-ratings/Match-Group-Inc-credit-rating-824688916
August 2019 Earnings driven by Tinders success
- cnbc.com/2019/08/06/match-group-earnings-2019-tinder-subscribers.html
*not investment advice and trade at own risk. best of luck
DD
Very Bullish given the current market environment. I expect an earnings beat, increased users, and positive guidance. The headwinds I see are Ad revenue, debt rating, and debt servicing.
"On March 30, Tinder received the highest number of swipes ever recorded worldwide at 3 billion."
- corvallisadvocate.com/2020/social-distancing-and-the-world-of-online-dating/
DR. FAUCI SAYS YOU CAN MEET A TINDER DATE 'IF YOU'RE WILLING TO TAKE A RISK'
- newsweek.com/dr-fauci-meet-tinder-date-if-willing-take-risk-1498317
Debt issues
- moodys.com/credit-ratings/Match-Group-Inc-credit-rating-824688916
August 2019 Earnings driven by Tinders success
- cnbc.com/2019/08/06/match-group-earnings-2019-tinder-subscribers.html
*not investment advice and trade at own risk. best of luck
Note
Q1 might not be the catalyst I am hoping for. the period ends March 31 and Quarantine had just started. Will be hedging position, but still bullish
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