Member Info for manterfield

So they aren't poor results at all then? By your own admission your issue is that it is (in your opinion) overvalued, not that the results are anything less than fantastic. I don't think anyone owning these shares was under the illusion that the most recent results would bring the revenue multiple closer to that of a traditionally valued stock, unless they very badly need to stop actively investing. Trying to value a high growth stock entirely on current revenues seems like a nonsense to me. Likely future earnings are going to be a huge factor in any literate valuation, otherwise you're just fighting last year's war. I notice your earlier post (you and the poster I replied to seem to be pushing the same reasoning for poor results). You claimed that this wasn't a growth stock because of the total revenue compared to market cap. Can you tell me what metric you're using to judge growth? It seems to be an entirely new one to me where you don't even need to consider previous results, or in fact anything that would enable to see whether a company is... well, growing. Quite a poor de-ramp attempt all round IMHO

In what sense do you see those results as being poor? To me they looked like everything you could ever ask for from a growth stock as this point in its lifecycle. This is just an incredibly volatile stock, which makes sense given its meteoric rise and the wide range of valuations possible for a growth stock of this nature. Still, the price will follow the results over the long term which can only be good news for stock like this which is, after all, doubling revenue YoY.

CFEP nailed their price in place mid way through last Thursday at 161 (changing it from 160 at about midday) and have refused to budge off it. That was despite buys hugely outnumbering sells on most days since then. There's a stand-off with the MMs right now and the price has little to do with the demand from us PIs. I sincerely wish they'd just bloody well give up on it though and let it move.