it's madness to have so much bash on non issues, I am only focused on two things:
1) their business model is working with healthy growth, no need to change, thank you;
2) Their sp is extremely undervalued and I believe many over the weekends will calm down and the numbers will do the talking.
At current $1.6
Current PE : 6.9
Future PE: 2.7
Tech stock always have high PE generally between 18-25, a conservative PE 12 will price the
Current SP: $2.77
Future (12 month) SP: $6.9
Even with future 12 revenue @ $60 million (which is a certain thing), the SP still would be $4.16.
My conclusion is it will bounce sharply regardless if BIG make response or not.
BIG Price at posting:
$1.60 Sentiment: Buy Disclosure: Held
