$Appfolio(APPF.US)$this share is going up regardless of the market. the pe is so high and does not seem to be coming down. do not know who is supporting the share when is is so overvalued. short it
Despite its high P/S ratio compared to industry peers, AppFolio seems to have convinced shareholders of its future growth prospects. This sentiment, coupled with predictions of strong future revenue growth, provide support for the current share price, unless conditions change.
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