My issue with this kind of sentiment is that it takes no heed to...

My issue with this kind of sentiment is that it takes no heed to both investment horizons and also peoples buy in price/average. It's just a broad sweep at notions of value. Yes the SP has pushed up, yes it may correct, yes it may push back up and so on. In the meanwhile Nearmap will continue building their business and move into new territories and grow. Buying in at this price is far too rich for my blood, but that does not detract from the business and the forward growth. Nor does it make me want to move anything off the table.

You make it out like the business is about to be liquidated which just raises red flags with me about your intentions here. Critical analysis is wonderful, however duplicitous commenting is the opposite.