moneyman2013
1 day ago
Sauceman, it does...I realize that. I was talking about stocks and comparing IQST with Revenues to DJT which is basically a shell company, and how this DJT stock is selling for ~$17 now but has nothing...it's a celebrity stock, much like all the garbage he sells. And here we are, with a company with growing revenues year over year, and struggling to get traction for Nasdaq.
When you have to speak about comparisons, the simpler ones are the easiest...gonna be a LOT of bag holders on that one when he dumps his ~114 Million shares and walks away.
Best to all longs on IQST!
moneyman2013
1 day ago
mdb1, I agree, and am thankful they brought the vaccines to us in such a short period of time - that was great. However, he did undermine everything he did on that front by saying "I am not wearing a mask"...not saying that masks were the 100% answer, but they did help those who were sick from transmitting it to others. Again, not the perfect fix, but helpful, and all he had to do was tell his supporters "wear one for a few months, everywhere you go, and it can help us minimize the effects to our Country" - he didn't, and that was a failure.
Kind of like saying "I believe 100% in marriage and what it stands for" and then going out and having an affair.
And vaccines take much longer than 5-7 years, so again, it was a HUGE win for Trump...but again, his failure on Covid led to ~1 Million dead "fellow Americans" who might not have died had he pushed his supporters to wear masks, and get vaccinated...he wouldn't even come out and say HE got vaccinated.
The ~1 million who died might have been less than 100K had he followed through...but he was focused on winning in Nov...
moneyman2013
1 day ago
Snow, agree 100%. Wasn't trying to be political with my DJT example - just the easiest low hanging fruit to see. As an Independent (former Reagan Republican) I vote on facts, not feelings. If others like him, fine, but it shows that they are willing to allow Adultery, lying, cheating, sexual abuse and a slew of other horrid traits in their own home through their support of Trump - not sure how they square this with their kids - maybe they tell them that it's ok to be like those Jerry Springer types...would be diff if they told their kids "yeah, we know he did these things, but we're ok with it" rather than making excuses for his behavior or saying "fake news". Dems aren't much better at times, but they have never stood on the "family values" platform anyway, so when they screw up, I expect it (i.e. Clinton)
Says more about his supporters, than it does about him. Me, Clinton should have been removed for the Lewinski lying, Bush for Iraq WMD's, and even today, after knowing what I know, Reagan too for Iran/Contra and the drugs he allowed into the inner cities (look up Freeway Ricky Ross).
If you know truth, and still support wrong, it's now all about YOU.
Ok, off my soapbox. Apologies to the group for this quick lecture.
Go IQST...let's let this baby grow...Best to all.
snow
2 days ago
mdb1 I don't think the ignorant and constantly lying president you referred to has anything to do with the following: "After more than three billion doses, the Oxford-AstraZeneca Covid vaccine is being withdrawn.
AstraZeneca said it was "incredibly proud" of the vaccine, but it had made a commercial decision.
It said the rise of new coronavirus variants meant demand had shifted to the newer updated vaccines.
Its vaccine was estimated to have saved millions of lives during the pandemic, but also caused rare, and sometimes fatal, blood clots.
In the race to lift the world out of pandemic lockdowns, the Covid vaccine was developed by scientists at the University of Oxford in record time. A process that normally takes 10 years was accelerated down to about 10 months."
snow
2 days ago
mdb1 Trump demonstrated his ignorance in relation to COVID-19
"Throughout the pandemic, and even as cases and deaths increased, the President has downplayed the threat of COVID-19. For example:
On January 22, in response to a question about whether he was worried given the first report of known U.S. case, he said, “No. Not at all. And– we’re– we have it totally under control. It’s one person coming in from China, and we have it under control. It’s—going to be just fine.”
On February 2, “We pretty much shut it down coming in from China.”
On February 25, “We have very few people with it.”
On April 28, “But I think what happens is it’s going to go away. This is going to go away.”
On June 17, he said it was “fading away.”
On July 19, “I think we’re gonna be very good with the coronavirus. I think that at some point that’s going to sort of just disappear. I hope.”
On August 5, “It’s going away. Like things go away. No question in my mind that it will go away, hopefully sooner rather than later.”
The President has also given conflicting messages and conveyed misinformation about coronavirus and has sometimes been at odds with public health officials (including those in the government) and scientific evidence. For example:
He has touted the use of the drug, hydroxychloroquine to treat COVID-19, despite the lack of evidence of its effectiveness, warnings of potential harms, and even after federal COVID-19 treatment guidelines recommended against its use.
He suggested that applying ultraviolet light to or inside the body, or injecting disinfectant, could combat coronavirus.
He has attributed rising COVID-19 cases to increased testing, despite the fact that this claim is not backed up by the data.
He has questioned the use of face masks, and given inconsistent messages about their use, even after CDC guidelines recommended them. It was only in July that he began to wear one in public at times and talk about their importance."
theSauceman
5 days ago
That's why I'm willing to look at whether I believe what they're saying or the bashers that call them liars, and the stats. And I'm willing to sort the stats to the ones that either show or don't show growth. And when the grow becomes continuous and is multiple, approaching exponential, then I'm willing to understand the costs taken out before net profit. Like I said, for me, it boils down to what I believe about who's truthful and who's mistaken (or lying). Afterall there is more motivation to lie against the company than from within (at least as much).
STRICTLY MY OPINION FOR ME ONLY. CHOOSE YOUR OWN PATHS AND I HOPE YOU ALL PROSPER.
Boiler_Master
6 days ago
Snow referenced T-mobile as a telecom comparable having a P/E ratio of 23. Meaning the market cap is 23x annual earnings. But T-mobile is a large established company with average annual performance now. Back when they were a high growth company crossing over into profitability they traded at 770x earnings.
T-mobile first became profitable in 2013 showing a net income of 35 million. Their market cap in 2013 was 26.97 billion. That was a P/E ratio of 770. Google it. If T-mobile is any comparison to how we should value IQST, as Snow initially said we should based on T-monile's P/E ratio, even 1M earnings at the same 770 P/E ratio would put the SP above $4.
Valuing a high growth company based on current earnings alone is ignorant. If you want a one ratio valuation, you are better off using P/S than P/E. T-mobile's first profitable year, they were at 1.1x sales. For IQST a 1.1 P/S ratio based on 290M revenue and 185M shares would be $1.57 which IMO would not be unreasonable at all for a company operating around break even while showing over 100% YOY growth.
There are countless companies currently on the Nasdaq operating at a loss with valuations in the hundreds of millions, and even billions. That's because you invest in a company for their future 1, 3, and 5+ years out. Not what they did last year. Previous years are good to track and trend out future performance, but that's about all.