InvestorsHub Logo
icon url

GoingGoingLong

03/26/13 7:05 PM

#95415 RE: nopancakemix #95398

Why in the world would you expect this stock to trade at book value of earnings? That's ridiculous. For example, Apple took in 41B in 2012, currently has a market cap of 433B. Hundreds of other companies trade the same.

For a rapidly expanding company like MJNA there is no reason why its market cap shouldn't be many times that of its earnings.
icon url

136

03/26/13 9:03 PM

#95446 RE: nopancakemix #95398

Yeah it was a joke lol, just look at the previous posts which I was making a laugh out of. This isn't worth $1.28 yet. Maybe by the year's end though!

$MJNA