Upst %60 down:Market can not judge things logically anymore


Upst plunged %60 after earnings report ,yoy revenue increased %170,guidance dropped around %10-15.Currently pe is 22 which is twice less than MasterCard and Visa .Despite guidance drop fwd pe is 12 .This is a profitable growth stock and being priced twice less than visa and mastercard those promise not big deal for future.If you compare with forward pe ,pricing is even more ridiculous.Market lost judgement,every tiny bad news is being priced excessively.If you didn't buy this stock earlier here is your chance when the market makes a bounce back.But god knows when.


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