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08-27-2015, 02:13 PM #40
- Join Date
- May 2015
- Location
- Long Island
- Posts
- 247
Stocks trading around 4X rev at the moment. Not an unfair valuation in the least.
Unfortunately for them and all the long holders it is at the mercy of these lawsuit press releases. It's to much of a gamble in either direction right now. The result of the lawsuits will likely dictate the future movement. I think they come out on top but that's my opinion. I'd be long right now if I had to make a move on it.
That said, you can't loose what you don't put in the pot and I wouldn't touch it at all right now. If I was short I'd buy stop it at 10.25 and if already long just hold on and see!
My humble opinion
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