Check it out, It has been on fire. No Bull.
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Sqm
Check it out, It has been on fire. No Bull.
51.85 to 59.45 good run, $7.60 spread
Am kicking myself on this one. Posted about it in the RIO thread at a little over $40 and the consensus, including my own, was that the P/E was too high. We then have an unexpected move higher further exaggerating the P/E and then Cramer being the momentum guy he is pumps it and all the lemmings run this thing up 25% from when I initially asked a question two week ago. Absolutely amazing. To me the upside is limited and the downside too great at least near term. Long term, sure, it goes higher.
Looks like good short from here.
