Originally Posted by
BlackPeter
Hi skid, thanks ... though I know what the market cap is (and how to compute it). Just questioning the habit of some posters of plucking numbers out of thin air without providing any justification. Surely - anybody can do this, but how does it help to improve this discussion?
If people do question the validity of the current market cap (or SP), than they could add value by explaining how the arrived at their conclusion. One could e.g. provide examples of comparable other companies - or provide the basis for ones DCF calculation - or by citing the source of their estimation.
Just running down a company because it is currently out of fashion and others like to do it as well is a bit sad ... but hey - everybody to his/her own.