The fiancial performance of IDL during the GR was outstanding and yet she was clobbered. The forward PE for this stock needs to reflect much more now. I think the forward PE should go to around 10 at least ! Now thats something like another 30 % up from here. As the new deasl keep coming in the SP will keep adjusting up to maintain such a PE. The only thing I regret was that I had a number of other stock I wanted to buy eg CDU but could not because IDL has performed just as well and in fact better in that IDL volatility and daily volume is much better behaved. If only the stock market would have my watchlist of favourites move up and down at different times !!
IDL Price at posting:
$1.40 Sentiment: None Disclosure: Held
