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Alias Born 04/03/2019

Re: HokieHead post# 384

Thursday, 04/04/2019 10:45:06 AM

Thursday, April 04, 2019 10:45:06 AM

Post# of 5075
This company "IPO"ed at 10 US$ and never traded below (till yesterday)

That is around 14x sales, in the top at 550 US$ it was trading at 770x sales.

The 50 day average price is at 79 US$ which means on average the company was trading at around 110x sales.

Still I am looking for a message of you here that educated everyone how overvalued PHUN was?

Literally anybody warning that PHUN was to expensive at any price over 20 US$ (28x sales) was right and all I read was cheering.

Now that it crashed from 550 US$ top to 5 US$ people suddenly start to switch to rational valuation based on numbers?
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  • 1M
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  • 6M
  • 1Y
  • 5Y
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