I think he's brilliant and have him person marked. I read everything he posts and find it invaluable. He's got mad skills with the pen.
In this particular instance I think the horse is dead 3 times over. If you say CCME would be overvalued at $30, hell let's go through every stock in the universe and using the same valuation methods we will likely have the same outcome. Why is each sector commanding the multiples they command? Makes me want to put my money under the mattress.
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