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My answer: Take a look at the dotcom bubble, adjust nasdaq marketcap for inflation (and maybe much more because of ZIRP) and there you have your target market c
by dmichulke 9y ago
My answer: Take a look at the dotcom bubble, adjust nasdaq marketcap for inflation (and maybe much more because of ZIRP) and there you have your target market cap.
- AznHisoka 9y agoWhat's your reasoning behind this? When all the dumb money is in, it's time to get out?
- dmichulke 9y agoYes, the only question is when the dumb money is in. I guess dotcom is here a historical precedent. Since we cannot really know, I will just use that number and gradually sell around it. Of course that might make me the dumb money but that's a risk I'm willing to take.