In theory a company in this sector could trade at 15-20x FULL-YEAR earnings, which is actually closer to a 200 million market cap.
Something is OFF with this stock. In today's world of lightspeed fast spread of information, stocks run on good news within 10 minutes of the bell. This guy aint moving no matter what. Been 6 months of this back and forth garbage being held down.
Trading at 1.5 multiple of revenues is non existent for a growth + speculative company. It simply doesnt exist. Seen this before, stock might be broken. Cool company. Dead stock.
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