[willyd]

that is insane...at $38 it is over 100 times earnings. It is a $6-7 stock because of the sheer volume of shares that were released.

For it to be worth $150 they would have to quintuple their earnings per user or increase their users to 5 billion people.

Seeing as the majority of the people in the world still have a dirt floor in their house ... i don’t think the latter is going to happen any time soon.

Just my thought on it.

[montag813]

that is insane...at $38 it is over 100 times earnings. It is a $6-7 stock because of the sheer volume of shares that were released. For it to be worth $150 they would have to quintuple their earnings per user or increase their users to 5 billion people.

LinkedIn (LNKD) went to $120 (now $97 during the tech pullback), and it has a P/E of 694 (FB is 54).