I shorted some earlier at $41.20-$41.30 & $41.45. I just covered on the dip a few minutes ago at $41 but I am still amazed at this run. I would guess the DC drop below $35 was the correction. At some point we will have to stop hearing that BBY is still cheap. I thought we would see $40's in December they ushered that in quick with this Wyatt research note. All I keep reading is firms pushing their own book in these articles.
Momentum guys and managers who are sprinting to catch up by year's end do not seem to care. However you make a really good point that may hit the shares at some point soon if their earnings reports show little or no growth. This has been mostly cost-cutting and leasing out floor space. One slip up at this point may reverse the direction after this amazing run.