500 million X .15 = 75 million dollars..its a lot at these high prices..they increased only by 200 million i think last time and that was much lower in price..now they increased 150% that amount at much higher prices...who knows i think it was them dumping from .28 now..they said it was a short sale of 30 million..i think that was bs
please do a stock valuation for yourself off of the numbers 722 million... as that is the most up to date numbers we have and the numbers that the company are sticking to...
now based off of that.. please note.. the average PE for the industry is a 15.1..
The average growth company in the industry has a PE of 30
and Based off reuters SPNG is growing at a faster rate than 99% of companies out there in the industry..
I eagerly await what you valuate the company at.. Remember AS doesn't effect the valuation..
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