On PE and PS mutiple the tsock looks very expensive. Market cap is at 4xrevenue and PE is at 37 times next year EPS (assuming they achieve it).
Obviously the nly justification here is the growth potential, but why pay 37 times next year when you don't know who will come in with competing products and pressure the margins?
Wallstret is always trying to sell investors a story based on 2-3 years growth potential. The fact is in technology, 6-months is a long time.
Hence the short interest and the volatility. There's a group of hedgies attracted to the high multiple.
The key is to keep the margins over 55%.