Who Buys Growth Stocks on 70 times Revenue???

[ringledman]

http://www.ft.com/cms/s/2/8369a974-766f-11e0-b05b-00144feabdc0.html#axzz1LQUlaOlp

Not even 70 times earnings but 70 times revenue!

Madness. Growth whether this or Apple on 20+ times earnings is such a poor way to invest.

I'll take boring Value anyday.....

 

[strmin]

Investors who can later sell it for 80 times revenue to fools thinking there is no fraud in China, just growth. Classic pump and dump.