Dear rbuono123,
In regards to your "email"
The past 16 months they went from 1.5B to 9B shares. Annualized that is around 400% dilution!
Assuming they can maintain 50% growth YoY for the next couple of years, they would have to cut dilution 8 fold (to 50% a year) just to match their dilution to their growth.
2013 - 105m net O/S 10 million
2014 - 150m net O/S 15 million
2015 - 225m net O/S 22 million
2016 - 375m net O/S 33 million
Your "email" assumes:
#1 Dilution is cut from a blistering 400% a year to "only" 50% a year
#2 They can maintain 50% a year growth
#3 They will trade much more than 1x sales
Sorry man, but the greed is too much here.
I would love to hear your thoughts otherwise to prove me wrong.
Sincerly,
turokman