InvestorsHub Logo
Followers 0
Posts 80
Boards Moderated 0
Alias Born 01/01/2017

Re: Pinkzoso post# 11781

Tuesday, 01/19/2021 2:02:32 PM

Tuesday, January 19, 2021 2:02:32 PM

Post# of 13669
P/S sometimes means nothing

.21 stock price would put their P/S at 5.50 which is WAYYYYYY too high for a company with an unproven track record and no profit.

Can't argue with your general premise, but of course stocks trade on expectations, especially during the biggest bubble in history.

Consider that TSLA trades at a P/S of 29. Does that make any sense?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CEAD News