The problem here with GXL is that it has always been a high P/E stock due to its sustained history of high growth.
Any high P/E stock that suddenly shows any constraint to growth or underperformance will be either quickly or gradually marked back down to the pack.
GXL not a small growth stock any more, its a mid large cap - I sold out in the $8 area because it had grown up and expectations were too high, and glad I did.
Gosouth
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Growth looking good, page-13
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