What exactly makes the company so exciting ?
••
11Mes
@BamBam84 so the company itself I actually do not find exciting at all. The past and forecast figures are a dream. Forward P/E is already below 10 and the company is also debt-free. The company is covered by 6 analysts and according to them it has a mean price target of 100% (I don't give much to that). The hyped all-time high is also realistic to achieve in several years because the company is sitting on a pile of cash, earning money and growing continuously.
•
11
•@7Trader must look at me more closely what the weeks and whether that works. Thanks for the info anyway.
••
@7Trader but say what then makes the favorable valuation ? Or do you doubt the continued strong growth ? Find no rake when I look at the numbers, profitable, growth and still falls like a stone 😊
••
11Mes
@BamBam84 I can't explain that to you either. Have a look at hedgefollow.com and type in inmode. There you can see with which prices the hedge funds are invested in inmode. Blackrock and State Street, for example, have bought up a lot to push down their equity. They bought into the hype and are still in the red. As soon as the bottom is reached, it will be a rocket from my point of view, because all hedge funds that are already invested will add to it. That's my theory.
•
11
•@7Trader will look at it again more closely, Vorallem with the activity times deal with what they do exactly 👍
•
11
•