Resonate Blends Inc (KOAN): Book value is not used for tech stocks....

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Re: Toronto_Trader post# 43722

Saturday, 03/16/2019 10:15:59 AM

Saturday, March 16, 2019 10:15:59 AM

Book value is not used for tech stocks. Book value is used for capital intensive securities. Like banks....
You cant use book value in the tech sector because all of them are 10 to 20x higher then book value. Book value is about assets. it doesn't work for technology.

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