Re: Something to think about:
Yep, Ive been watching the GAAP P/E ratios scream skyward for months, reason I've been mostly out. the high-frequency trading has been the big boys playing tennis and lobbing the ball higher and higher and higher. One of these days, somebody's going to miss and that ball's going to hit the ground. Hard. just a matter of time. Can only cut inventory and operating costs so far before there's nothing left, especially if can't get a new loan to buy replacement inventory or new equipment or whatever.
"life can only be understood backwards, but it must be lived forwards" - soren kierkegaard
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