A little bit of homework would show that on June 16 GXL released a presentation that forecast earnings of 33 cps in 2015. So P/E of ... 31 on 2015 forecast eps.
Yes still expensive but this has always been on an expensive P/E since $1.00.
Always priced to perfection and will get hammered the minute it misses a forecast, but when you match your performance with high growth you get a stock with the beautiful 5 year chart that it has.
But agree GXL not one for value investors...!
Gosouth
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