Tableau Software (DATA) was crushed to start the year on tepid guidance. At the time, my research highlighted how the stock was due for a rerating as the revenue growth decelerated. The stock should've never traded above $100, but the valuation sure was appealing in early February. The reality is that Tableau Software is unlikely to close the big gap to $80 anytime soon. The stock trades at 100x 2017 EPS estimates and a more reasonable 4x sales estimates. A big jump to $80 seems highly unlikely, but the stock is interesting at a pivot point that could break the downtrend. Disclosure: No Position