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Patrick Industries Inc. Message Board

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  • medici1248 medici1248 Aug 2, 2012 2:04 PM Flag

    PE of less than 5? Something isnt right here.

    Your likely right. Prices are set at the margin. Its the marginal (next) purchase or sale that sets the price. It does no good to own 10,000 shares @ 2 if your not going to keep buying and supporting the price at 12.

 
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