Here’s a metric: company yet to turn a profit.
The valuation is on implied earnings.
Even if they do hit the most positive punters earnings geuss the stock will still go down as the blue sky is removed.
Buy the roomer sell the fact.
In my opino a valuation over a billion dollars for a company making no money is ludicrous, let alone 3 billion!
Here’s a metric: company yet to turn a profit. The valuation is...
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