Ethan McAfee
Ethan McAfee
earnings investors looking pay stock type willing
The type of investors who own this stock are not looking at it saying, 'I'm willing to pay 80 times earnings for this stock but not 85 times earnings,'
percent stock
The stock is going to go up 5 to 10 percent the first day. It's not going to go up 50 percent or more.
gone hard saying stock time
I have a hard time saying that a stock that has gone up 20-fold is still a buy.
expensive stayed
It's a very expensive stock. That's why we've stayed away from it.
market percent share smaller sure
Sure there are some smaller names, but they're unattractive to big corporations because their market share is probably 1 percent or less.
boss both buy companies everybody growth problem successful tons
If I went and told my boss to buy something with over a 50 P/E, he'd kill me, ... Both companies are extraordinarily successful and have tons and tons of growth but the problem is everybody else realizes it.
ask cell companies contracts favorable phone power
The cell phone companies will have the power to renegotiate contracts and ask for more favorable terms.
case classic eventually hysteria knows longer
This is a classic case of short-term hysteria and mania. Who knows how much longer this can go up but eventually it's going down a lot.
joke news stocks trade
The joke is that these stocks trade at 10 times news flow.