DAIO is more than fairly valued. Earnings were .10/share last quarter excluding the gain. Basically untaxed too. Def not cheap in the $8's. Even with their strong growth and a nice balance sheet.
They'll run into some tougher comps later this year. But the stock sure has lots of momentum right now. Maybe we keep going to $10. Or maybe today is the peak. Who knows.
Funny that zolly idiot is back on the Yahoo board. He was short a bunch of DAIO since the $4's, screamed at everyone about how it was going to tank before finally covering in the $7's. Today he went long in the $8's and says it's absolutely going to $10 haha
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