They earned $2.73 in 2011, they themselves are predicting 20% eps growth. Implied p/e of 20 on TTM would put it at $54.60 - probably won't get that low, but even using basis of 1.2 x $2.73 put eps 2012 @ $3.28 x 20 (peg basis) puts realistic target at $65.60...where it belongs for now...stampede to exits will be disorderly. Sally was selling a bill of goods 3 months ago.
stampede for the door will be disorderly? Why isn't it happening now? stock is down 2 bucks from where it was trading at prior to release. If a significant drop were going to happen it would of happened by now. it's not dropping. Sorry shorts you don't get your wish. You guys are funny tho.