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Re: nickelandime post# 117189

Thursday, 01/30/2020 11:58:26 AM

Thursday, January 30, 2020 11:58:26 AM

Post# of 132364
Why do you think $14 Billion is a fair valuation for the company when the only number I've heard for revenue suggested here is $50 million. That seems a little high for valuation. Even 0.01 seems a little high, as that valuation would $140 million, if my math is correct, though I can see an argument for that valuation based on price to sales ratio if revenue is indeed $50 million. However, that doesn't take into account P/E ratio, book value, cash flow, and other factors like trading issues. I would think there would be a lot of selling at lower values given the immense profits to be made even at 0.001. I do realize that these stocks can move fast, but a move to $1.00 would be quite a move. To be the next FEDEX and UPS, this would need to be a national carrier, and that doesn't seem immediately likely, as they ave some of California and Utah now.

Good luck.