re: ***$8*** where too now?/sb2000 The stock is still cheap if...

re: ***$8*** where too now?/sb2000 The stock is still cheap if we compare the PE which is around 12.5 and sector PE is around 14.5. I don't think technicals would be a driving force behind the share price, those that bought a lot lower would now be looking to exit with technicals.

The PE is saying that the stock is approaching what it is worth, I feel around $9 would see its value finally reached in the short term and it could head back towards $7.50, just my opinion anyhow, the stock is a good long term paly ATM rather than a short term play as it is now very over bought.