It is trading at 50x revenue, not 50x earnings. There is a big huge difference between these two. In 2019 there was silly money coming into this whole space, every stock went crazy. That will not happen again. The money flows will not go to everyone, they will only go to the companies that produce. I love this action, but there is a lot of work ahead. I would take a $1 price for sure, but I am not not so sure we are ready to justify a $500million plus valuation just yet.
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