InvestorsHub Logo

wingtrade

11/25/18 1:37 PM

#8899 RE: modes948 #8897

$50M is a drop in the bucket for a Real Estate and Insurance conglomerate. RELI is in its infancy. When I do the math, I see 100 bags to go from here and RELI will be at $5 Billion market cap. Why do investors buy some stocks with high PE ratios, or even NEGATIVE PE ratios? Future growth and profit potential. Have a nice day everyone! $RELI