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Cardlytics, Inc.Cardlytics, Inc.Cardlytics, Inc.

Cardlytics, Inc.

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CDLX trade ideas

Every sign points to 40On a shocking earnings beat it isn't surprising to see a price increase as drastic as was seen Tuesday morning. Looking at return on investment, earnings in general, and analyzing the company I come to find that with a low margin of operation it has managed to build a bit of a bubble since it's IPO. It has managed to decrease the amount of debt that it has and I am not saying that this is a poor company by any meanings (Many hedge funds have been bullish on it in the past two quarters). J.P. Morgan just downgraded from overweight to neutral indicating that they no longer feel that the stock will continue to rise as sharply as it has. How many stocks can be valued at 9.80 and manage a 439% gain in 11 months? Not a real company. Some of their partners deem promising revenue in the future. But this company is still net negative and their return on investment is not well. I do not see a price higher than 65 before plummeting to 40(analyst consensus deemed 39.2). I have two puts set to about christmas. After said dip I will watch for an opportunity to go long if trade outlooks are well.
NASDAQ:CDLXShort
by trevor4312
021. PIGGISH PLAY - Short Cardlytics (CDLX)Cardlytics (noun) - the study of companies that create a purposefully enigmatic and cool-ish-sounding name to attract investors without the need for a profitable business model. Cardlytics (noun) - the best possible company to short on Monday afternoon before it announces its quarterly numbers after the close. What does Cardlytics do you might ask? They develop software to help marketers identify buyers. Hmm, sounds like they data scrape the world wide web for your personal info without your approval. In any case, whether you want to chalk up their 70+ dollar/share valuation to their name, their peer group of obscenely overpriced cloud stocks or their state-of-the-art privacy-violating technology, I will be shorting them on Monday. The reasons are three-fold: 1) The last three reports not only missed Wall Street's increasingly low expectations, but have been decreasing steadily in bottom-line growth. If you don't feel like hovering over the icons above, the last three quarterly numbers are as follows: 0.12/share, -0.51/share and -0.73/share. Expectations for Monday's report are -0.60. Astonishing stuff. 2) The price action following the last three earnings reports are shockingly logical: it gaps down severely each time. 3) The vortex indicator at the bottom seems to predict this particular stock's price movement reasonably well. Vortex can often give false positives, depending on the timeframe used and the underlying security's inherent volatility (true range). Anyways, when you calibrate the vortex so that it does not give many false positives, it can be a very useful indicator in certain situations. As far as the data captured above shows, there have been three occasions where the VM- (orange bearish line) crosses over the VM+ (blue bullish line). All three crossovers resulted in either new downtrends or solid continuations. While it has not officially crossed yet, it is close enough such that a standard Cardlytics-type of ER could finish the job - a la signature down gap. The entry and exit points are quick and to the point. This is a short-short, and plan on holding the options until Tuesday afternoon. I'm not a huge fan of holding through the election, but if there's a large enough gap into Tuesday, and the price action closes at the LOD, I might reconsider. The one unfortunate part about this trade setup is that Cardlytics has already formed a steep down trend over last several sessions. The market is weakening and it will be tough to get a pump in before the ER call given what happened on Thursday. However, there are two silver linings: A. The bounce at the end of Friday's session (suggesting potential for a brief bullish continuation into Monday AM) and 2. The market is almost exclusively filled to the brim with dumb money that suffers from short-term memory loss. On that note, it would be awesome if this thing managed to pump a bit to lower the put premiums. Now for the pig-specs: Pig Plan: Equity: Wait to see if this stock gets a pump in the AM session on Monday. If so, look to fire the beam cannon around noon before entering a short position at the stated. No reason to short it too early, knowing the likelihood of a continued pump into the report. Conversely, you want to get in before there is any potential market-wide down-move. This is why I trade options. Options: I plan on buying puts with a strike of 70, expiring (11/20). While these are expensive and on the safer side for my piggish style, they offer the most value compared to the pricing of farther-out strikes. I don't foresee this being a blockbuster play unless you hold through the election, which is up to you. Ehh, maybe it could be a block-buster-bag-hammer if it gaps like it did in March. I mean, anything is possible when you name your company after a Webster's-defined financial scheme. - PigLytics Data Scraping Co. NASDAQ:CDLX NASDAQ:NDX SPCFD:SPX
NASDAQ:CDLXShort
by UnknownUnicorn5511258
3
ABC Bullishinsider buying Cup and handle pattern invalidated at deep pull back past mid cup Waiting on pulback Cardlytics , Inc. operates an advertising platform within financial institutions digital channels, which include online, mobile, email, and various real-time notifications in the United States and the United Kingdom. It operates in two segments, Cardlytics Direct and Other Platform Solutions. The company's platform is the Cardlytics Direct solution, a native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. It also provides solutions that enable marketers and marketing service providers to leverage the power of purchase intelligence outside the banking channel. The company was founded in 2008 and is headquartered in Atlanta , Georgia. Not a recommendation
NASDAQ:CDLXLong
by lauralea
$CDLX:NASDAQ - CARDLYTICS INC - Will it break and run?Cardlytics was one of last years better performers with a 500% run pre covid. They have struggled to recover, but the bollingers are getting squishy which often indicates a break one way or other. Earnings are close by which adds a level of risk given current economic conditions. Could be worth a watch. About Cardlytics Cardlytics (CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco and Visakhapatnam
NASDAQ:CDLXLong
by zAngus