RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:It crunch time boy financials are coming! ! Forget the stock market and every other index that is not Cannabis related.
The only thing you need to worry about and compare to are other apples.
Forget the APH's ACB's and WEED's of the world as well - other apples - meaning other companies wih US exposure.
I would love to be wrong here, I would love to see a US company trading at a multiple of 75, let alone AMZN's 333.
That is just not our reality. Somewhere between 20-40 and that's where it'll stay until widespread sentiment in the USofA changes.
Not even the mangler's ferry dust can help out that pe limitation.
RockMaschine wrote:
How much is the market cap of Amazon and what is its PE ratio? One of the biggest companies in the world and they have yet to turn a profit. Or Netflix burning billions in cash a quarter. I know you want to treat TGIF like any other company but why when the entire stock market, every index, has companies whose valuations are so far removed from the trading to anything resembling fundamentals.