stock was trading on 15 P/E multiple just right before quarterly report ( was about $5.85 with expected $0.36 qrt earnings expectations ) recent quarterly surprise of $5 puts that stock in $90's range with that P/E assumption, that is a huge change in valuation.
I was interested in looking at the number of days between each BTC price multiple during the 2017 bull run, using the approximate 2013 ATH of $1175 as the base price for the multiples. I've made a much prettier chart in Excel, which I would also like to share if people like the idea. Be gentle, this is my first post here ;)
*full disclosure* I have a 10,000 CHF long position in REED Reed's Ginger might be a small-cap, but it's the market leader in ginger-based brews. When dealing with an illiquid stock at a historically low levels, technical chart breakouts typically do not provide enough volume to catch the opportunity. That is why we have classified REED as a "buy-to-forget"...
All comments and likes are very appreciated. _________________________________________________________________________________________________________________ Canada Goose (NYSE: GOOS) is a vertically integrated 63-year-old manufacturer and retailer of outdoor apparel for men, women, and children-- traditionally known for the famous parka. Canada Goose (CG) is...