FJ43 said:
Why the sell off in OSTK? $76.65 now AH
I'm still a newbie on all this but I've had a couple of people I trust look at my DD for OSTK and they feel like I was pretty solid on it. Now, you know my position on telling others what to buy BUT :
$2.2B expected revenue minimum, (perhaps as much as $3B) and a current MC of $3.3B would seem to indicate this is pretty undervalued. Just based on 2.5Xs earnings you'd think this is a $5.5B valuation. At 5Xs you'd be looking at $11B valuation, not including some valuable proprietary holdings as well.
Seems grossly undervalued. That said, the market does really weird irrational things so who knows.