Without knowing, I realized I had written over 6 articles on Digital Turbine aka APPS. I could probably write another post on "20 points of APPS".
But for this post, I want to try something different. I want to try to find out the "Target Price" (TP) for APPS.
The reason for doing this is that the share price of APPS has been going on a strong uptrend since 31 Aug 21. It is a bit too fast too furious for my liking, for which I am getting uncomfortable with APPS being my 2nd biggest holding in my portfolio.
However, before I start, I like to define what I mean by TP. Ignore what everyone else say.
IMO, it is a subjective figure, a self-fulfilling prophecy, a figure that makes an investor feel better when we are bag-holding, and it should be as high as possible, till the point where we think this is ridiculous and you will want to sell....