A 27 PE on this year's earnings for a 10% growth in earnings next year. How can the market justify this price?
I agree. This company's management will burn investors on the conference call like they have the last two times.
Sentiment: Strong Sell
Even pumper Cramer was cautious on PNRA this morning. Short at will here.
bad karma shorting companies that have created jobs and stockholder value during the last few years when others stole our money.
just kidding, short away, it's every man for himself !!