Non-GAAP EPS growing at 30%-50% a year and here we sit at a PE of what about 13.6 on '12 Non-GAAP EPS est. at $1.84.
Seems like a value to me - given the extremely high barriers to entry - and only a couple of other players approved to ship via USPS - PBI, and Endicia.
STMP just keeps chugging along - but the stock price doesn't reflect the fundamentals - not even close. No debt. Margins are great. Blah blah blah - but then there's shorty...always at the ready to create nauseating volatility - nice.
I always loved the roller coaster ride at Elitch's in Denver as a kid...so shorty, do we get to go down one more time before we go up...hope so - I feel a PE of 20 coming on...and every time you do this from now on...I'm buying some more (AND HOLDING THEM) - just thought you should know.
Buy AND HOLD - Fundamentals being what they are - the more shares you have the better, not to mention the MILLION shares of pent up demand shorty has been gracious enough to build into the equation - go shorty go!
btw - short numbers out today - how about a little over-under with 950,000 being the line. I'm going under - ... but not by much. (850K-900K)