Makes sense, actually. If you consider typical growth of a nascent tech stock at 30% per year and a 1-year target of $65, they're saying it should be at $50 now.
This should be a lesson to the retail investor, they thought they were in on this pump and dumb. guess what they werent. they were the bagholders like always
If you don't know how to read and write the financials then investing shouldn't be a game that you play ... don't blame others for the mistakes that you make ...
If you were smarter you would have sold TWTR and bought SCSS or if you can find any thing similar to SCSS that have no debt 20% growth and making more than a dollar in EPS and still below $20 ...
Based on Q32013 numbers ... compared to MFRM & TPX ... SCSS looks to be worth more than $60/share ... may be half of that target $30 PPS for SCSS wouldn't be a surprise ...
Net Equity:______0209.10 million
Net Equity:_______-44.30 million
Net Equity:_______-856.60 million
they are smart folks...LOL