Size does matter.. (Assuming the technology is valid and its position still strong...)
Mark it down...
Not against the company or technology, just saying...
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.
Me still maintains the same view...
2 years ago 40% growth rate. Now barely 20% PE still above 30...
Well, trading stock only..
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.
Just checking.. LMAO..
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...