Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 1
I think KNOT has more potential than most B2C's, but I won't throw down $$$ until I see postive business momentum. I'd rather pay $7/shr on the way up, than $3.50/shr on the way down.

It's important not to confuse business momentum with stock momentum. My own heretical view is that the rulebreaker port is doing investors a disservice by arguing that they should avoid buying companies whose price is going down. Sometimes an entire sector is hammered, the good along with the bad. We are paying the price for drkoop's sins.

If they can ramp sales

We're almost doubling sales quarter to quarter. Our price to sales ratio is currently at 2, and will very likely be 1 around the end of the year if the price doesn't increase. We're in a niche business, but it's a large niche and we only have one serious on-line competitor. The Knot is a marketing machine, achieving substantial name recognition among its target audience without taking on serious debt. WeddingPages was a visionary purchase.

I think KNOT is fairly valued.

At less than $50 million? Sheesh. They'll have that in sales by the end of the year, and our market opportunity is in the billions. If the Fool closes this board I will buy some more, the last time the Fool closed a board on me (SciClone), I had a 10 bagger. Might take a year or two, but we should get there too.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.