Wednesday, September 15, 2010 1:40:57 PM
I think qpsa adds 2 million members in sept, which would make them the 3rd fastest growing social networking site in the world...if/when they get to 3 million new members per month they will become the 2nd fastest behind facebook
they have 18m members now so if they do 2m/month additions over the next 12 months that is 42million members in 12 months....give it a pathetic $15/member valuation (Facebook at $67/member and smaller sites that aren't even growing avg $20/member valuations based off venture capital funding) that is $630 million mkt cap/ 24 million shares fully diluted = $26 stock price
seems far fetched but really isn't
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