Looking at the potential and the stage they are in - chances are they will launch this successfully. Getting an earnings of 5m is not a biggie when you can successfully launch a product in this mobile space. Apply a PE of 50 for a growth stock like this and there you have it! Still think it's expense? Well, I certainly don't - I have seen plenty of the ones that are expensive though but still rising... Tightly hold since 7c and love it!
MSM Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held