That is exactly why I bought in yesterday. I work no where close to the pharmacy profession, but I felt that the sale of the long term care was a good move to boost cash for growth. I am sure they feel that ltc is not where there cash cow is. WAG will continue to climb regardless of PE, but like I said earnings growth will help the PE too. WAG has a great set up, good management and great facilities. Their facilities are probably the one of the most comfortable places to go in. I once told someone, "it is like the place just invites you to come in". I like being able to actually visualize my investment. Simply put there has been allot of shorting since it hit 37 1/4, and it is really a testament that it has only fallen fallen less than $3. Shorts will start coming back in as it gets closer to the end of the month, to buy back their shares. Also any fund managers that are trying to clean up their portfolios before the end of the quarter have probably done so. WAG recently dipped under its moving average, and usually a sustained uptrend is near. Anyone looking for a bottom, just get in before the end of March, because it will probably climb starting within the next 4 days through the second week in April before it takes another breather.