re: evm buy Average volume: 1,450,140
Volume today: 4,196,867
Big turnover. Fundies must be selling. But why, I don't know.
As always they know something we don't. The company looks like it might be heading for a fall.
The PE is over 20 so the company is priced to perfection and growth rate for '07 is 20%.
20% growth is always pretty hard to maintain.
They are embarking on a relatively high risk strategy in the US so that 20% is not guaranteed.
It is probably a company that is too highly priced for the risk involved.
But I'd only be guessing.
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re: evm buy Average volume: 1,450,140Volume today: 4,196,867Big...
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