NightCulture Inc (fka NGHTD)

[wildcat18]

Why would anyone compare Amazon to Night-freakin'-Culture? One will be around 100 years from now, the other is a penny stock.

It doesn't matter if they're not making a profit, they're an established brand that's about to put Radio Shack out of business, with Best Buy not far behind. They're diversified, like Google. If you only look at profits, you end up buying Blackberry at $80 per share or Blockbuster in 2002.

I can remember back when Google, despite being a household brand, wasn't really making money. They were offered to Excite—yes, EXCITE—for a million bucks. Excite brilliantly turned it down.

My question is: what happened to the S/A author?I think it's safe to say that his May 2015 price target is going to be slightly off:

If the company can hit its expected earnings this time next year, we are looking at a one-year price target of $0.84 based on a P/E of 24.

or...

In five years time, we could expect the company to be making $20 million in revenues.

or...

In averaging the mean best-case and the mean worst case, I still get a 5 year price target of $0.75. That would mean in 5 years, the company would have an estimated 0.05 EPS. With only marginal growth, I see this valuation easily achievable.

and I guess that vacation's off...

I do plan on taking profits around .60 to .80 but I won't sell more than 5-10%, just enough to treat myself to a little vacation. Maybe go to Texas to visit Mike and Surain for one of their awesome shows. I think my estimates are conservative and in 5 years it could be worth a lot higher. This is not a daytrade. This is a longterm play with a huge short term upside