..they have (lost their mind).. and i luv it. I had more doubles triples quaduples quituples etc in the past four months than in the pior sixteen years of full time trading. Actually, I've had very few in the past. Probably quintupled the amount. I don't know when it will end, but my inventory of stocks is being depleted so I won't have much of a chance anymore.
CTHR - this still doesn’t look that expensive to me. Assuming they can earn around $0.05 eps for the q. Going forward they should be able to earn around $0.15 a year in eps. So it seems perfectly reasonable to be trading for $2 or $3.
There’s plenty of cheap companies out there still. If you’re trying to find something that was as cheap as it was 9 months ago...that’s not going to happen.