thedivot

ZAGG: Poised for Big Returns in 2010

It's a nice story and there is certainly room for the share price to grow. But he's painted a picture of everything going perfectly for ZAGG plus with all these positives 'happening' and known by the market, the stock is trading in the high 20's TTM P/E, which is pretty rich for something not high-tech. Now he proposes that it's going to trade at a P/E of 40. One never knows but it sure sounds like a pump - oh ya, his disclosure says he's an advisor to ZAGG.