Shorts have this right. Forward PE of 75 and growth of 18% doesn't match up. Even with a forward PE of 25 this could easily be a $15 to $20 stock.
As stated on this board many times before, lack of analysts covering the company and multiple upgrades will prevent this stock from moving up. Barring an acquisition or rumor, this is just a poor stock to own.
Never have seen a stock go up a dollar and drop a dollar about every day. 5% moves are common. I don't know if it is from day traders or what. The valuation seems incredibly reasonable and sure seems like it would be a fit for private equity or a big player as this is a hot space and is not going away. That said, if they guide down the stock will get hammered, but good guidance and the shorts get squeezed hard and the stock takes off. Crazy.