He anyone noticed the number of new bashers over o
Post# of 45510
As long as I am thinking about it - there has been ate a bit of talk about the 70x valuation comment by Steve. Personally, I think the current PPS reflects major manipulation. A while back Steve said that the current PPS in no way reflects the position of what is being built. So lets set the value at 70X a PPS of .03. That's approximately half the recent high of .058, so I think that's fair. That would give a share prove of over $2.00, which is where we would need to be for NASDAQ.
With a hit show or two we can start talking about multiple valuation. 5X? 10X?
Remember what AMC used to be? It used to be a free channel that only showed old movies. AMC has now repositioned itself as a major player with smash hits like Mad Men and the Walking Dead. Look at the share price of AMC of over $46.00! It took years for AMC to get to where it is today, but I don't think it's unreasonable to think that Steve could lead Punch in the same sort of direction.