Ive already exited just under the $28 mark. You maybe right about the retrace. ALU now effectively has a P/E of 100. The P/E growth ratio was 2 for last year, and the SP reflected that. No doubt the market will be happy to up the P/E ratio again from 58 to 100, I guess if the SP holds then its a clear sign this stock is a market darling. The next XRO, or FLT? I remember humming and harring last year whether to buy it for $7. Might be time to load up...lol
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- DTers Aftermarket Lounge - 22 Aug
Ive already exited just under the $28 mark. You maybe right...
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