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Agreed, that's correct for public market prices in general. I'm not commenting on the valuation of the business, merely the business model that "succeeded" (one
by wmab 6y ago
Agreed, that's correct for public market prices in general. I'm not commenting on the valuation of the business, merely the business model that "succeeded" (one definition is valuation). I would have said the same 2 years ago when they hit 1T.
- ianai 6y agoRight. They’re clearly not an income stock based on their dividend. They’re a heavily weighted future value stock. (Basically a tech stock but wonder whether there’s a more general term?)