CarSmartt Inc (CRSM)

[DatDude]

MUST READ!!! This was a very well written reply llcoolm11.

I just wanted to add on to a few points. While many companies are valued based off of earnings multiples, tech companies like CarSmartt, LYFT, Uber, Snapchat, etc. are valued based on the NUMBER OF USERS! Look at Uber and LYFT, both companies are losing money yet they collectively IPO’d at OVER $106 BILLION (Uber $82.4 billion and LYFT $24 billion)! Snapchat NEVER MADE ONE SINGLE PENNY IN REVENUE when it IPO’d at just under $24 BILLION! https://www.cnbc.com/2017/03/01/snapchat-ipo-pricing.html

THE ONLY THING THAT MATTERS IS THE NUMBER OF APP USERS THAT CARSMARTT IS ABLE TO OBTAIN!

If CarSmartt gets decent market penetration in ONLY: NYC, L.A., Chicago, The Bay Area and Las Vegas, it’ll be a multi-billion dollar company! Literally that’s all it would take and CRSM stock would be valued at $5-10/share easily! Not only that, but CRSM stock would also be an acquisition target by some of the top companies in the world who want in this space and then CRSM stock would soar even higher on speculation of a buyout!

CRSM stock is a long-term buy and hold!