RE:TRX vs. CPHNatrav54 wrote:
Wow. we are getting close to the market cap of Cipher Pharma (CPH). $276 mill for CPH vs. 208 mill for TRX. CPH has annual sales of about $40 mill for Price/sales of about 7. TTM PE of 13 X. Unless there is more to TRX which I think over time there will be, we are getting really overbought. Although I am still holding long term, you got to think a modest pullback is in order.
Yep - you're right. We're getting ahead of any sort of fundamentals and growing purely on speculation. That is always dangerous.