The market cap now is about at about 2-4 M.
This run could be for real now, not like the last one (just news with no contracts)
price target could goes as high #$%$share
ECRY's Last run goes to 0.5-0.6 with just a few pieces news without contracts.
Now ECRY gets several contracts. It appears that ECRY is real.
ECRY's market cap is just about 2-4 M.
Should I get some?
Growth speed so far: FEYE super fast; SPLK fast
latest quarter revenue: FEYE 143M; SPLK 147 M
Market Cap at the closing price today: FEYE 6.7B; SPLK 8.4B
After hour: SPLK up about 6%, means a market cap of about 9 B.
FEYE's fair value against is, therefore, $ 65-75/share, a about 50% increase in valuation, compared with SPLK.
FEYE should be doubled its current valuation.
The market cap has not been honored it as such yet.
It will keep up with the Wall street standard of valuation soon.
FEYE is the security with super high-speed growth. However, the market cap has not been honored it as such yet. It is under valued!
His estimate is based on revenue growth, cash flow, forward estimates, and technical breakout.
Technical breakout means double or more forward.
I will not blame him for being bullish.