RE:LET'S COMPARE WEED TO AMAZON........BullorBear46 wrote: Amazon share price = 900.68$ , revenue = 43.7B , earnings = 1.54$
now divide by 10.................
If WEED earnings are 15.4¢ in Y18 financial results, the share price should rise to around 90$.
This is the most ludicrous "analysis" that I have ever seen. You indirectly imply that ANY MJ stock that can post 15c net earnings and also having substantial revenue will be worth a market cap of $15 BILLION ...
Why even "divide by 10"? Why not just go with a $900 target price?!! Ridiculous ...