Size does matter.. (Assuming the technology is valid and its position still strong...)
Mark it down...
Not against the company or technology, just saying...
The reason is simple..
me heard people pumping how great the growth rate is..
2 years ago, this company claimed growth rate 40%. That might have been.
2 years later, size double. Now you think it can still grow 40%? No more.
Now it claims 20%.
3 years later. it probably not growing much.. (if it is in business and not taken over by other technologies or competitors.)
Size does matter.
2 year's stock performance lacking SPY.
PE still too high..
Unless this company deliver any new technology field that is not overlapping its current one...
Just checking.. LMAO..
Me still maintains the same view...
2 years ago 40% growth rate. Now barely 20% PE still above 30...
Well, trading stock only..
It's nothing but a 'trader' stock. There is no growth story here.
Growth rate now is less than 20, but PE still way too high.. next year. dead meat.