RE:RE:For those new to bullboard.Buddy, let me tell you something.
a company is NOT worth 50 million because it makes 50 million a year. if you are in business you will know.
it is worth its profit times at least 10/20. and then there is future projections. I have a clinic and I make around 250k profit every year. Ive had offers for 3-5 million $.
oh and by the way. the company lost 8 millions $ bouhuhu. he currently has 300 million $ in cash just sitting there ready to be invested. the profit is easy. but expanding costs money. profit later, invest and expand first. do you really know business?
shopify can be profitable anytime. but profit is not important. whats important is expanding.
amazon is worth 500 billion. you think theyre making 500 billion a year? be logical.
people on stockhouse, why am i even wasting my time trying to explain this to you. you probably dont even know finance.
be logical. read between the lines.
only thing i agree with you is that at 19$-20$ i would sell. but it probably will hit 23$ by christmas regardless. at 15.90 Im a buyer(stronguest support).
your critical thinking really needs to improve in my opinion. it lacks...education.