The 'bull'sell recommendation and buy back at about $3 offers no reason why price will fall other than stock has been successful - its just optimistic advice for traders.
Have held a fair bit of this stock for some years and the growth in earnings and dividends has been exceptional , and all earnings forecasts met re aquisitions.
The price of this stock is currently manipulated by bots ,so I expect it to be limited to the upside by them till next results release,but with a sudden 20% earnings upgrade recently,( which I think many have found hard to believe) and growth both internally, and from more aquisitions from very capable management (which still a lot of stock) you would be unwise to sell and hope to buy back .
Based on potential earnings 2011/12 we would be on PE less than 10 at $3 which is too low given the growth record of last few years- More likely to see low $4 in 6 months + another big div increase
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The 'bull'sell recommendation and buy back at about $3 offers no...
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