Quote:
Originally Posted by twinglock40z
Its above 90 bucks today. Wish I would have bought some while it was around 30 bucks. Anyone know what the first post is talking about with the 50% discount thing?
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Down today about $73 after hours on weaker revenue and unit sales than expected.
50% discount is an opinion like "it's cheap". People will use it along the lines of trading at a discount to the peer group - meaning similar companies are trading at higher P/E ratios or on other measures. Or trading at a discount to the market. But it's just an opinion. Companies are never exactly the same so relative valuation is never the only thing to look at.