RE:RE:HPQ - PYRIf I may chime in, HPQs market cap is about $120M with no sales and negative cashflow. I agree that market cap has a large component based on perceived potential so one has to be careful with pure financial numbers. The current market cap is no slouch so it is getting some risk premium on it.
I've seen and held many mining companies and pharmas you speak of. Many of them at some point spiked on initial and iterim positive results. But as you know, a very, very small percentage make it to something that generates revenue. I appreciate that this is a guaranteed Netflix-style story as crafted by Agoracom and played along by BT, but the big bucks seem to be willing to wait. Does anybody know if BT has delivered some big hit from R&D to some big buyout before heading HPQ? If he has, that experience helps with subsequent endeavours. You can bet if HPQ was headed by someone like Steve Jobs, the market cap would be much higher.
Purpledriller wrote:
dalesio_98 wrote: One has no revenue and one has no profit.
The market cap makes no sense.
Good luck to All!
How typical of you . Full time bash and never mention the upside.
Seen many mining companies that hit signficant lode deposit or even pharma cancer cure drugs that are way beyond inferred/indicated and on measured/proven stages have no revenue or profit and often huge negative cash but because of their massive upside have large market caps. Why is that??? Ever heard of potential?
HPQ and PYR have massive upside.