Tuesday, December 22, 2020 9:39:24 PM
I think it could happen yes. If it spiked to $2 it would not be the end of the world if someone bought at that price and held 5 years and averaged down if it dips again. But what is BLNK market cap? Over 1Billion with 5MM revenue or something insane?
With the potential for 100MM in revenue in the somewhat foreseeable future, this could have a 400MM market cap and be reasonable. But even then a market cap of 1Billion would be quite a stretch.
I’m all for a run up to .80 before they get 40MM revenue run rate.
Any sudden jump of 400% in a few days though won’t hold in most cases.
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