From checking the ARM stock price. P/E over 103 now.
Still no good news.
Old pompous man. It is good you don't get brain aneurysm from watching ARMH against your beloved INTC.
Idiot, ARMH is growing fast and has estimated Forward P/E (fye Dec 31, 2014) of 39.
Yes it is expensive so go ahead and short armh or buy puts.
expectation for 2014 is an improvement of 30% over 2013 earnings is overly optimistic.
Then buy some more puts doofus given you were too stupid to sell your put when it was in the 30's, low 40's, or even 45.
Expectation before earnings day, they better not disappoint in any way ;-)
now trading at 65 p/e forward earnings.