The earnings are out tues. I think this advance is due to what will be revealed. This is a growth company. Their licenses are in every device. Mobile and the cloud is still young. Armh is just beginning to enter the trains, planes, and automobile segment...Oh yeah, appliances too.
After Tues, the PE will be down, because of earnings, not price. About 2 years ago, the PE was 90..and that was when the price was $32.00..Certainly it will have it's ups and downs. I just look forward to what the CEO says after the release.