Yep all about risk vs reward! If its all true and they meet the $3.69 projection for next year (and by the recent PRs I think they could actually beat it) then this is a $50 stock IMO! Even more if you think what PE a company that will grow earnings at over 100% could have. I see $5 profit plus in 2012. Put a PE of 20 (conservative look at BIDU and Alibaba) and you get triple digits. Of coarse there is a risk its all smoke and mirrors but they do have a website that looks good to me! A chance I will take.
Yep all about risk vs reward! If its all true and they meet the $3.69 projection for next year (and by the recent PRs I think they could actually beat it) then this is a $50 stock IMO! Even more if you think what PE a company that will grow earnings at over 100% could have. I see $5 profit plus in 2012. Put a PE of 20 (conservative look at BIDU and Alibaba) and you get triple digits. Of coarse there is a risk its all smoke and mirrors but they do have a website that looks good to me! A chance I will take.
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