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ashpat86

PUBM in wedge pattern but burning a lot of cash in SG&A expenses

PubMatic, Inc. (NASDAQ:PUBM)  
ashpat86  
NASDAQ:PUBM   PubMatic, Inc.
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PUBM is in a wedge price pattern but a lot of cash is being used and not for R&D. A growth stock with a lot of revenue, but it doesn't show in the R&D budget. I don't see input factors that can push this stock higher currently. Will need to wait till the next quarter.
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