Meet Group Inc (MEET)

[rockman_1892]

What is MEET currently worth?

This was on YAHOO msg board posted by digitcipher on Jan 7, 2016.

"Imho...if you use a simple yet objective metric....I would say it is worth 30x forward earnings....imho 30x is justified considering the continuously expanding upward momentum in sales and ebitda....that would give 30 x .28 = $8.40.

So if you agree with the ratio, then MEET is worth $8.40 currently. At that price it becomes fairly valued imho, not including the passage of time. As the quarters pass and if the business continues this way, that number will only increase.

What a great position to be in and you don't even have to be lucky....the stock is right there for the taking at this point. Still a ground floor opportunity."
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@20x=$5.60... hoping for more upside on Monday- but know we are due a pullback after the last couple days. Go MEET!