Re: Short Sell Google?
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You're smoking crack if you think ANY stock is EVER worth more than a P/E of 20. I have trouble buying stocks with P/E's over 15. If it works for the greatest investor of all time, why not me?
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So basicly what you are trying to tell me is if a company has earnings growth rate of 100% a year and forcasted to meet their numbers a PE over 20/30 is over valued? compared to a company like ford that has a PE of 10 with little or no growth rate to have better value? You have to remember...you have to treat companies like the drity sluts that they are and put your sell points when they start acting up.
Get the William Oneil book and read the section on PE ratios. Then read the section on the 20 points on when to sell.
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