shop

hi Guys,
I know theres been a discussion on here regarding shopify.
can anyone point me to it post number wise?
sounds great but seems like a hold your nose and dive in kind of a stock
p/s around 12?

I know theres been a discussion on here regarding shopify.
can anyone point me to it post number wise?

MusiCali,

Saul introduced it on April Fools Day (I thought it was a joke). I have since come around on this astronomical growth company.

http://discussion.fool.com/shopify-shop-my-quarter-end-review-32…

When you double revenue every year, a P/S of 12 is pretty tolerable…it either won’t stay at 12 long, or the stock will shoot up. Or both.

Bear

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