With the future of DAVE looking so robust, it looks like the naysayers are ever so slightly admitting they are wrong.
Saw one say DAVE is worth $8. It`s a start at least.
Overpriced ? B.S. !
Please show me some other companies EVEN CHEAPER growing earnings 30% and selling at a 20 P.E. AND are non cyclical.
Please find me some more companies like that.
I want to buy more stocks like that.
"Special thanks to the country's military forces for the hard work they do on behalf of all Americans"
What kind of a person believes he can give thanks to our military men on our behalf. This is the height of sick. You don't speak for me you draft dodger.!!!
Thanx for your anlysis. Think your common sense approach to investing and your sell side decision-making rational is very reasoned. And you may be correct that a good base is forming as the markets have tumbled but dave has held its own. Good luck.
Agreed, I like to join the party and, stay for as long as I feel comfortable and not be the last one to leave. When a young company has sustained growth, the herd will join the party and the PE's will climb. 60-80 is not unusual and can stay up there for quite some time as long as the growth rates continue. I'll enjoy the rides to those high multiples and leave when I get any sense of the growth slowing. My reference to the next quarter is that the Dave's has formed a nice healthy, long base when you look at a two or three day chart and I wouldn't be surprised that we get a resolution to the upside in the next qtr or two provided the the growth continues. If this continues I think there is a chance the high PE's will come as it breaks out and runs, then the next consolidation begins. These are my opinions only. Of course, the base could be broken to the downside and then that's a whole other discussion. Short term, Dave has shown the best strength in quite some time over the last couple of weeks but seems to be stalling which means we could see low seven again. My rambling analysis of one stock.