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Angie's List, Inc. Message Board

asdfghjkl0987 1 post  |  Last Activity: Mar 23, 2016 10:26 AM Member since: Mar 1, 2000
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    We are at what, 4x earnings?

    by amendoza Mar 23, 2016 10:06 AM
    asdfghjkl0987 asdfghjkl0987 Mar 23, 2016 10:26 AM Flag

    Because the Credit Suisse analyst lowered his target from 42 to 40 due to some concerns of maybe too much capacity expansion in the industry (these concerns may be wrong or not, we'll see), everybody is falling all over themselves to sell, sell, sell as the world seems to be coming to an end. Sell before the other guy sells. These concerns are already in the price at 4 x Eps. It's like an irrational selling panic broke out.

    Sentiment: Buy

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