Santangel's Review interviewed the winner of Ira Sohn Conference Investment Idea Contest. They also transcribed his speech. Here is how he pitched his stock pick:
"How would you react if I told you I found an internet company that will grow revenue at more than30% this year, is buying back stock hand over fist with 31% of its market cap in net cash, sports gross margins of 74% and an ROIC north of 50%, while trading at an absurdly low valuation – EV/EBITDA of 2.6x and P/E (ex-cash) of 4.3x based on 2011 estimates?
I could imagine two reactions: 1) this company is a Chinese reverse-merger fraud or 2) this is Apple with extremely bullish estimates"
Read the rest here