How do you calculate that price?
5.3 Billion dollar company, 640 million shares out standing. 4.5 times revenue? That comes out at $37.26 a share.
This would assume they had a profit. Trading at maybe 25 to 30 PE. But they don't have a profit. They lose 260 million a year. Might be more this year.
You need to invest more money. Can't you use your margin account? I made $1.35 million on ARIA.
You have never picked a wrong stock. So why are you only making $15K?
I followed you on this one too, but I purchased 5K shares. go big or go home. You're amazing. Your mom and dad must be very proud of you. Huge thanks.
that is exactly how they work, run it down, then run it up and post CRM is up 12% in the last 2 weeks. They don't state it dropped.
Of course the stock has stepped up.
But it's also true it loses 250 million a year. No plans to make money. AND growth is slowing.
The model of giving away shares to grow, has to end. Then what? Company starts to die?