3 ms·

“Based on discounted cash flow analysis”... bwhahahaha

• dang 7y ago
  Hey, could you please not post unsubstantive comments to Hacker News? Especially not shallow dismissals, as described at https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html. If you know more, a great thing to do is to share what you know, so the rest of us can learn.
  • jshaqaw 7y ago
    OK fair point. I’ll elaborate. I think that a DCF model of anything as speculative with such a wide range of outcomes as this company is an exercise in futility. Yes you can build such a model but it is so dependent on your assumptions that it’s pure GIGO. Having worked a long time in finance, I am confident that any sell side model of this company starts with the valuation as the input and then dcf assumptions are built to arrive at that number.