PE obviously does not matter at this point, but lets get it right if anyone thinks it does matter. The low 100's PE cited by others does not take into account the 3,000,000 IPO shares. Management also issued themselves close to 2,000,000 options for $5.18 just before the IPO. Add these shares/opitons into the mix and EPS is really $.41. 65/.41=159. I continue to predict a price of the low 70's before this stock tanks; this is just my personal guestimate becuase there is no why to accurately predict how inflated a stock trading on hype/momementum can go before it crashs. I just hope my investment thinking will continue to allow me to stick with my beliefs rather than follow me gut reation to cut my big losses on my short position now so that I can sleep at night and work during the day without worrying how high this stock is going to go.
I was able to short 3000 shares at Waterhouse. Reserved them on the phone, then shorted a couple of hours later on-line. I asked about 5000 and they were not available. Might try calling before you just do it directly on line. I've always been long on stock till now. First short I have owned, but it seems like a no-brainer. I'm short at 62.