This goes for all the companies that are trading well above 30 PE ratio. Fundamentals doesn't matter until they mean revert violently. History is always right...
Totally agree on fundamentals. The big matter is that the market does not look at fundamentals, otherwise GM should not be at 42 and NVIDIA at 227 ... This means we are at Casino and eveyone knows that there is only one real winner at Casino: the Casino itself.
This means we are at Casino and eveyone knows that there is only one real winner at Casino: the Casino itself.