I'm hopping off, been on this for nearly 13 years, the p/e is too high for the growth rate. Bought SNFCA today
Good luck and remember that value wins in the long run, SNFCA has a p/e of 10, growing much faster, 7.00 in cash and is trading at 10.00 a share, exciting business too, cemetaries, life insurance, and mortgages. They are run by Mormons, people that I trust. Now, can I hold onto them for 13 years?
Congrats Livermore. I expect that you might be able to buy back in at a reduced price later this year. In the mean time, I hope that you are in an IRA, otehrwise you will be hosed w/ CG taxes.
If this keeps going nuts, I will end up getting called out of my Sept 150 calls. I'm still betting that they will expire worthless.