Newsmax (NYSE: NMAX), the conservative media company that promotes itself as an alternative to Fox (NASDAQ: FOX) News and other mainstream media outlets, went public at $10 on March 31. The following ...

That's why Newsmax stock now trades at about $14, with a market cap of $1.3 billion. But even after that 94% plunge, it still isn't a bargain because it trades at 7.5 times last year's sales.