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To: Unwelcomeguest who wrote (3662)4/27/2018 9:07:15 AM
From: SiliconAlley  Respond to of 4828
 
What is mystifying to me is that nothing has really changed since it was $105/share.

Nor did anything change from the time it was $88, two weeks before it was $105. I don't really understand your argument. You sound like you are saying it should be at $105 because it was there a few weeks ago, but are ignoring that it was also at $88 a few weeks ago. This is called trading ranges and madness of crowds.



To: Unwelcomeguest who wrote (3662)4/27/2018 9:43:24 AM
From: Unwelcomeguest  Read Replies (2) | Respond to of 4828
 
Stifel Nicolaus is out with a Buy rec and a raised PT of $110 from $105. Sounds like there are a lot of analysts that agree with my opinion and are probably also mystified. Instead, we are down over 3%.

That said, Morningstar has come out with comments saying the stock is 'fully valued' at $84 with a 'no-moat' rating which is about a 6 PE. Wonder how they would justify the S&P PE of around 15 last time I checked.

UWG