This niche business generates plenty of “adjusted EBITDA,” but no real profits. It also has too much market value for too small a market, especially in light of its deteriorating competitive position. Absent a case of “stupid money risk,” the risk/reward does not look good for equity investors.
from Forbes Real Time //www.forbes.com/sites/greatspeculations/2017/08/31/etsy-looks-way-too-expensive-at-current-market-value/
via IFTTT
No comments:
Post a Comment