Everybody probably is aware the P/E in this sector and it may include the drug sector tend to be high. This implies that the growth potential would justify for the high P/E. I am seeing lots of comments about the internet's stocks also have extremely high P/E. What I am reading on WAG is the followings;
1.) WAG may have good news to post, it may be a stock split, increase dividend or some fantastic way of generating higher profits that may be linked to internet drug prescription, etc..
2.) Some good synetgetic acquistions,
Apparantly, the street likes it a lot. All stocks definitely will go up and down. But, I am reading more into WAG. In any event, I love this stock, this is a fantastic company. We, all of the WAG stock investor shall say a big "thank you" to the top management for an excellent job done. They deserve it.