Hi, that is the issue. How do you value high growth stocks? How do you justify PFT at a Market Cap of $72m? or BrainChip at $508m? Without Profits you can really only go on Revenue multiples. My concern is people are paying high prices without any knowledge of valuation at all. eg BrainChip was $1b now $500m. People are getting burned. The same thing happened in the years 2000/2001. Remember price is what you pay, value is what you get. I don't want to see first time investors lose money, that's all.
PFT Price at posting:
$1.39 Sentiment: Hold Disclosure: Not Held
