You do have to admit that it is overpriced at the moment. With $9, which I predicted it will hit, PE ratio is 26-28.
The fair price is around 7.50; but the fact that it is a good fund manager, the current price of 8.30 is about right.
Long term thought, it will be > 10, I am sure of it with all these super funds pouring money into it.
short term wise, it is pretty much staying where it is.
price pushed down, page-2
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$1.06 |
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