RealCommentary from TheStreet.com
Taser Stock Can't Handle the Demand
Wednesday March 31, 9:51 am ET
By James J. Cramer, RealMoney Columnist
Occasionally, a stock comes along that simply can't handle the job of being a stock. It just isn't cut out for it, doesn't have the right float, doesn't have the right share count, to handle the raw interest. On those occasions, there is nothing you can do except marvel, and, if you are totally daring, try to capitalize on it.
The stock that can least control itself and police itself, right now, is Taser (NasdaqNM:TASR - News). Here's a company with a market capitalization of a billion that maybe, just maybe, should be at $3 billion or $4 billion just to satisfy the demand of the buyers. There, of course, the company would sell at 360 times earnings. So what, though? |
