Lots of analysts have been talking about PE. They look for low number and stated higher one is very risky.
I think this is not prevelant. Many stocks have even negative earning so no PE avalaible but price keeps going up. FB has high PE but bright future. I don't think PE is not a major playing factor here. Any thoughts?
In my opinion, You are correct.
Also, he PE against "future" estimated earnings is a much lower number. And, it's a moving ever changing dynamic.
As these deals with their instagram, Cicso get announced, analysts adjust the future earning and thus the future PE.
Right now, no one, has a clue how high this may go.
actually when you see a n/a where p/e suppose to be it's better, ride the market to new buble levels 2-3 more years, bubble building stage to bluild the cushion which will come later, need the retailers to v=come in here on the last leg, so far no volume, so bubble building continues on.