Yes, they're at it again. They use an erroneous mathematical model to justify their short positions. They are using a 10% NPV discount rate this time !! They ignore the $117.00 undiscounted share value in their own calculation. If this moron can earn 10% for the next 16 years elsewhere, I wish he'd go buy that investment and leave us alone. PLEASE, everyone read the whole article and see that it is full of bad assumptions.
"SeekingAlpha" says way too high, Forbes says 'oversold'. Seeking Alpha infamous as the place shorts
post a lot of good looking tech-loaded convincing one sided bull. Forbes is Forbes.
Well we don't know that they are bad assumptions.
Every prediction of the future has to make assumptions.
Seems to me their assumptions are as good as any others.
However they are still assumptions.
The escalation of chargeable costs starting around 2018, however is a fact.