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What makes you think that? Have you seen a discrepancy between your projections of future cash flows and therefore your valuation, as compared to the value the
by __blockcipher__ 7y ago
What makes you think that? Have you seen a discrepancy between your projections of future cash flows and therefore your valuation, as compared to the value the market is at right now?
- jbverschoor 7y agoThey’re mainly a software / services company. There’s no reason their revenue will drop, the contrary.. Yet the stock price has the exact same changes as the rest of the entire market. Their cloud demand is up x7.. it’s not priced in. Amazon same thing, although less so imho Their current p/e is 26. Remove cash and it’s nearing 20.
- deleted 7y ago[deleted]
- dumbfoundded 7y agoI think it's safe to say the market isn't rational when Zoom Technologies is up nearly 900% when it's completely unrelated to Zoom Video and not actually operating. There's a different HN post about it: https://www.nasdaq.com/articles/the-sec-really-wants-investors-to-stop-buying-the-wrong-zoom-stock-2020-03-27 https://www.nasdaq.com/articles/the-sec-really-wants-investo...
- noitsnot 7y agoI don't think you can really compare people accidentally buying the wrong ticker to investors unable to place valuations based on virus uncertainties. They were buying the wrong stock before the virus hit more than a year ago.
- dumbfoundded 7y agoThe wrong stock increased faster than the real stock. Volume matters too but when the underlying causes are irrational, how can any pricing be logical over any period longer than a few days?