Let's see what an editor over at Forbes thinks...
“If you look at the fundamentals of the company, it’s poised to go down a lot more,” Dan Alexander told CNN’s Erin Burnett on Monday. “If you look at the number of users this company has, the amount of revenue that it generates, you know, its valuation should be measured in the hundreds of millions of dollars, at the most. Right now, the public markets are valuing it at 3.5 billion.”
“So that means this stock should fall by at least another 90% before the metrics start to make any amount of sense,” he continued.
How does Danny Hart sit down with balls that big?
“If you look at the fundamentals of the company, it’s poised to go down a lot more,” Dan Alexander told CNN’s Erin Burnett on Monday. “If you look at the number of users this company has, the amount of revenue that it generates, you know, its valuation should be measured in the hundreds of millions of dollars, at the most. Right now, the public markets are valuing it at 3.5 billion.”
“So that means this stock should fall by at least another 90% before the metrics start to make any amount of sense,” he continued.
How does Danny Hart sit down with balls that big?