InvestorsHub Logo
Followers 194
Posts 16671
Boards Moderated 9
Alias Born 01/29/2018

Re: redspeed post# 132873

Thursday, 02/28/2019 10:55:02 PM

Thursday, February 28, 2019 10:55:02 PM

Post# of 192261
Fact: Comparing companies with real sales, real revenue, real growth, to one that has never had sales, revenue, or growth is invalid, despite them being another "tech company."

VERB doesn't get to skip those 13 years that Smartsheet has under their belt where, as a private company until quite recently, they marketed their product and got real customers, sales, revenue, private investment. Then changed it all up after a few years to make it better, and grew far more rapidly for the next 7-8 years, then did an IPO and went public. Their revenue is large and growing faster than their costs, and while I might dispute their value vs performance since they've never been profitable, with 13 years of real sales numbers on a page, it is far easier to "project some potential." They do need to right that ship, or they'll fail or get gobbled up cheaply one day.

Contrast that to VERB, haven't sold a thing, yet there are some valuations in the billions being broadcast often, quite ridiculous considering they've sold nothing, and the expectation of some sort of run on NASDAQ just because it uplisted, and I've disputed that piece with real data from the companies who uplisted in the last 2 months of 2018, all but 1 has seen their price decline.

So, sorry, VERB doesn't get to leap over whatever their equivalent 13 years of growth will be and instantly be a $2B company. They have products to sell and have to prove people want and will buy them.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VERB News