ASRT I bought back in the low two's and just flipped half yesterday at $2.66. P/E is a bit deceptive since going forward it should be going down some since one of the drugs they bought is going generic. Seems like a tough biz plan... you have to continue to buy drugs and get high returns from them as others you own enter the competitive market. Nevertheless, I would buy more if it went back to the lowish fours.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.