GXL 0.00% $5.54 greencross limited

Growth looking good, page-13

  1. 3,054 Posts.
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    The problem here with GXL is that it has always been a high P/E stock due to its sustained history of high growth.
    Any high P/E stock that suddenly shows any constraint to growth or underperformance will be either quickly or gradually marked back down to the pack.
    GXL not a small growth stock any more, its a mid large cap - I sold out in the $8 area because it had grown up and expectations were too high, and glad I did.

    Gosouth
 
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Currently unlisted public company.

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