What’s your target for it?It’s up to 108 a share now but don’t get left behind on LVGO fellas. Huge growth potential.
Haha. Did you copy that off the Twitta from my friend Jonah?What’s your target for it?
If $LVGO will do $350M to $400M this year and $650M to $700M next year. Not many companies growing at 85-100% so they get a premium. If we apply 40x P/S multiple to $650M it gives $LVGO a $26B valuation in 2021 which puts shares at $265 or 145% upside from here.
Jonah is my main trading buddy. We tweet stuff back and forth. He studies a lot on valuations. I look more at charts and ride momentum. With a market cap of 10.6 B, I can easily see the company with a 30-50B market cap within a few years. Their model is very unique and their execution has been fantastic. If they’re not taken over, no reason it can’t be a 250 to $300 stock within a couple years.Damn right. Just curious on your thoughts as someone who has clearly done some DD into the company. Because that type of gain would be wild and support your point
Fortunately Nasdaq futures turned around though. Hope it’s perceived as a Netflix issue and not an overall tech earnings preview. Stocks that nearly double in 4 months are priced for perfection, anything short of that can cause a big selloff.Netflix just tanked on earnings. Glad I'm a spectator.
My story as well...lately, paypal and zoom get smoked out the gate and crawl back for a small lossTrying to hang in there - all my tech darlings get drubbed daily and then claw back to small
Losses it seems. Love LVGO & hoping FSLY and AYX get going again. So much selling pressure on tech