RE:RE:RE:RE:We Should Be RealisticI agree there is a level of undervaluation with LSPD, however 100 plus per share...... That would give it a market cap of about 15 billion. Revenue is only 1.2 billion or so with about 20% growth per year and still not GAAP Profitable. At 20% growth it would take years to grow into that Share Price.
I know a lot of people got burnt on on LSPD buying at 100 plus. I was one of them. My Wealth Manager from Richardson Wealth bought LSPD at $100 per share and put it in my portfolio. Lets just say this individual and Richardson Wealth quickly became my Ex Wealth Mangers. Anyway at $18 per share LSPD was quite undervalued in my opinion so I purchased again.
I am not trying to be negative on LSPD, I am just trying to be realistic about what we can expect in some sort of near term buyout.