Or maybe people were shorting the hell out of this stock because anyone who had done 10 minutes of research on provenge knew that it wasnt going to be approved
Eagle Materials: Take Advantage of the Housing Weakness [View article]
Watch that P/E and your PEG, you are using trailing earnings, the forward estimate based on 2007 numbers will be closer to 13/14 and earnings will not grow this year at the recent rates
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Your math is off however - buying a stock worth $20 for $16 is buying a dollar for 80 cents, and the 25% return comes from the .20/.80
Buying a dollar for 75 cents gives you a return of 33%
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Eagle Materials: Take Advantage of the Housing Weakness [View article]