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Piper Jaffray Companies Message Board

  • JIMMYPE2 JIMMYPE2 Oct 22, 2009 5:15 PM Flag

    The Emperor has no Clothes on

    PJC just released the earnings of $0.47 for the Sept quarter, soundly beating the street estimate of $0.40.
    But the stock re-treated for 2 days in row in a favorable market environment. The investors have suddenly discovered that the emperor has no clothes on.
    Even at today's closing $52.52 it is overpriced.

43.44-0.11(-0.25%)Aug 25 4:02 PMEDT