This already happened in 2013 CPB went parabolic and CNBC was saying short. It kept going up squeezing shorts to death.
If things play out like in 2013 CPB will see $70 before any meaningful pullback. And even then I don't expect the pullback to bring it down to about here, 64ish.
So short at will if you want to lose money.
Who are you, Carter Worth?
That loser has been saying CPB was destined to fall when this stock was at 61. He's been wrong now for 3 weeks and 5%. I sure hope investors don't follow Carter Worth. This stock is destined to rise to $100 by end of April.
Simple, no one sells the stock. Since when has PE mattered? If you pay attention to things like PE you should not be in the market. The only thing that matters is momentum and right now it is up and CPB will reach 80-100 before it pulls back (if it ever pulls back)
You are absolutely right. What I don't understand is why after such a lie does he not resign?
How can the board and shareholders keep supporting a person that has obviously lied to the owners.
You lie like that as an employee and they would fire you on the spot and escort you out the building under tight security!