Don't use p/e to make decisions. Look at all the high flying tech.
stocks not making a dime. Just watch
the future growth. We are living in a new world of investing.
Had a nice run, but not worth a short. Lucky to drop to 20 in the near future.
Begin to accumulate anytime the traders give you a chance in the low 18's and below. $KKD missed by a few pennies on earning and Wall Street to it out on the street and shot it. Smart money is buying and holding now. Barring a world disaster, I look for 20 by year end.