less than $20 Billion valuation ..big volume reversal today...classic buy point
Plus big seller getting finished should drive stock back up to $4
Those numbers are based on perfect execution. It is likely that growth will fall closer to 20-25% but nevertheless the stock is priced where it should be in 2019.
The NFL is all in NKE and UA is growing but valuation is four years ahead of a perfect scenario....
I doubt they are going out of their way to discuss anything but good news....
There is a large fund that changed managers that has been selling every day for last two weeks. When they are done the stock will go back to $4
its an endorsement for Apps install business that they are the biggest in the world at and speaks to how big appia can become.....
Yes you pay up for growth..but 100x earnings for a 20% grower for the next five years is just dumb....It is a short squeeze stock with a bunch of idiot longs who no nothing about valuating stocks
you have no concept of their business....apps is gaining traction from every large telco and their app business is on fire...shorts will fry after this large seller is done
It is a momentum stock with a large short base because of the stupidly high valuation. It is selling at over 80x 2016 earnings ...that is moronic
It will take 20 years to grow into anything close to NKE from a revenue/earnings standpoint. The stock price is just plain dumb.
First of all his name is Sillerman not Silverman...if you dont know even the CEO and largest shareholders correct name you probably should not be discusing
First of all the stock is half of where it was when the deal was announced. The Appia shareholders 19 million shares are only worth around $50 million valuation vs. the $100 million they believed the company was worth. Secondly the majority are not planning on selling at this low of a plan..and yes I talked with a number of the larger ones.