I don't own any long or short positions in EJ. its p/e is too high. In this recessionay market, p/e over 10 is dangerous.
I totally agree with you. That is why I sold off. And bought more CSR, CMED and CPHI. Today the stock up again. But it may not last long. Too much P/E for this economy.
I dont think pe has much do with it, yet, I would be braceing myself when May comes around. I expect a dive and a rough patch.
Time to move up...............
Hopefully will close around 11.4-11.5
i'm back in again.