Papa Chubby Friday, 03/07/14 02:09:26 PM Re: TraderGash post# 348 Post # of 392 I believe that is the duty/responsibility, or at the very least; it is incumbent on one who so graciously dispenses "reality checks", that he has (at-the-very-least) a familiarity with reality himself, or perhaps herself, considering the op's moniker. Conventional valuation metrics (such as revenue, earnings and cash flows) are rarely considered in the on-line space. Instead, the metric that the market bases stock pricing on is subscriber/users, and data. Seen from this perspective, the picture becomes clearer and more understandable. As Oink! grows its subscriber base, they become a more attractive acquisition target for a company looking to expand its user base and increase engagement in the company's ecosystem. Potential acquirers of companies like Oink, rely more on a gut feel than numbers. If they feel there is a strategic niche that can be filled by acquiring a nascent company, they will pay market price and higher. Right now, market mood and momentum favors high valuations, as we have have witnessed over and over again.