Shopify (SHOP) Stock Analysis - Back To $300's Soon??

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Today I take a look at another high flying stock Shopify - ticker symbol SHOP. This stock has a massive $80B++ valuation while guiding to just over $2B in revenues in 2020. Are the revenues & profits growing fast enough to justify that type of valuation? These shares hung out in the $300 range, and even re-tested that area back in March - are the shares going back down that low again soon? We'll take a look at the balance sheet, statement of operations and other financial items to see if we can find out.