May. 24 at 10:02 PM
$EJH I'm having a tough time understanding China.
You have that
$RGC soaring ridiculous all because the CEO offered an original investor a chance to get out at his original buy price. The stock soars from
$3 to
$560 yesterday.
So why is it so difficult for people to realize a company with well over
$100 million in cash does not have a market cap of
$10 million? That's what they've done to EJH here.
You remember
$CVNA with their PE of 31000? They have
$1.8 billion in cash and the company market cap is
$65 billion. This is how it works!
EJH is the China version of
$ANGI. ANGI has
$386 mil in cash. The market cap is
$750 million. Once again, far greater than cash on hand.
Based on this EJH is your next RGC. But for the right reasons.
