I see there is no need to discuss the fundamentals of the company with you. You denigrate the company without knowing much about it. I can tell you this: There are many ways to skin the cat, Mr. White and I don't employ the same investment strategies, but I respect his method.
Don't you know that current price is the perceived value of the expected future cash flow? Book Value is important to the value camp, but it is not that important to the growth camp. The only question we have to ask is this: Can ACTRADE maintain its current growth rate, if the answer is yes, then its valuation is not excessive. Yes, growth investors know the risk that if there is glitch in the company growth trajectory, then the stock price will fall precitously and that is the reason we, growth investors, should have a diversified growth stock portfolio to minimize that risk.
Now, its your turn to discuss things intelligently. You claim to be an "astute" guy, but you came to this thread as if you had just come out of the jungle. I guess some creatures there are very intelligent, but they are still subhuman, Untermensch. |
