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Bio-Reference Laboratories, Inc Message Board

  • palosparkflash palosparkflash Nov 27, 2013 11:26 AM Flag

    Pop higher is afternoon

    Once shorts decide that BRLI won't go lower, they will start covering their large short positions.

    Announcing 10% growth for 2014 seems in line with expectations. Today's announcement was nothing new. Concerns about Medicare uncertainty have been there. But the reaction is a bit overblown. PE and PEG indicate attractive entry points. Medicare won't go away.

    Trailing P/E (ttm, intraday): 17.78
    Forward P/E (fye Oct 31, 2014)1: 14.62
    PEG Ratio (5 yr expected)1: 1.16

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34.610.00(0.00%)Aug 19 4:00 PMEDT