May not end for a long while. Roughly 44% of stock held by insiders, including the Price family. Roughly 48% of stock tightly held by institutions. Over a million still short. Ouch. Not much stock available. Forward PE 28. One of the top growth companies in the world.
Been a good run. Growth doesn't support a 30 PE, not with those lousy margins.
And insiders may hold a bunch, but they definitely aren't buying shares. what's the upside here, another 5% maybe if we're lucky?
saw that the price target moved up $2 on yahoo's page this morning (avg was $82 yesterday, today $84). guessing someone goosed their numbers, which caused this move. Shorts definitely getting the raw deal here.
We'll see what the next few weeks bring. My bet is down.