Marin Software (MRIN) Stock Climbs on No News: Here’s Why

Marin Software MRIN Stock News

Marin Software Inc (NASDAQ: MRIN) is running for the top in the market this morning, but with no news, many are wondering why. There hasn’t been a press release in months, and the same goes for SEC filings. So, what’s the deal?

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Here’s Why MRIN Stock Is Climbing

After digging through message boards, SEC filings, and press releases, there’s nothing new that’s going on with Marin Software. The company hasn’t issued anything new. We know that the company is generating the revenue that justifies growth, but that’s been the case for some time.

So, what’s the deal?

It seems as though investors are seeing the opportunity here. MRIN is generating plenty of revenue and should sustain itself. However, there’s a huge opportunity ahead. The stock trades with a market cap of around $10 million. If they were to get a contract for $50 million from a major advertiser, the stock could see a dramatic increase in vlaue. This size contract isn’t anything new in the space, and should MRIN land one, its stock could produce lottery-like profits.

With an ultra-tiny float, it doesn’t take much to move this stock. A few deep-pocketed investors that want in on the lottery ticket have the potential to send the stock soaring.

I can’t tell you who’s purchasing shares, but what I can say is that MRIN seems to be a relatively underecognized stock, producing compelling revenue and offering up a strong potential opportunity for future growth. That, combined with an ultra-tiny float says that these gains may just be the beginning.

The Bottom Line

The bottom line here is that while Marin Software hasn’t issued any news, it doesn’t need to. The company is relativeloy strong financially for a company of its size. Moreover, it offers a huge opportunity and trades with a very small float. All combined, this stock could soar ahead.

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