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S&P 500
5,446.68
(
-1.37%
)
US TECH 100
18,254.00
(
-3.12%
)
Dow Jones
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(
-1.21%
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-1.89%
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wadegarret

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wadegarret

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Monday, 04/17/2017 12:14:35 PM

Monday, April 17, 2017 12:14:35 PM

Post# of 114887
SS- AAOI

I am speechless watching this stock action. Why do you think it would be selling off so violently now still, even after the earnings raise for the Mar qtr last week. Why should we feel the cycle is over for them, when the stock has only been hot for 8 months ? From everything I've read, their business should get even stronger going into 2018. Why would it now be selling at a 10-11 PE going forward, when it was selling for a 17-20 PE just a few months ago ?
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