But you have to use much more than P/E as 50% would still set the mindset that their was fraud, which in that case there is large fraud, thus deserving a P/E less than 4. This is definitely a great day and although still makes me nervous, the fact that there has been inclination over the last month or so that PWC was on board prior to this, definitely helps.
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.