alt Hacker NewsOf course they would! If the P/E of a company is 1.1 it is overvalued by definition so why would anyone buy an over valued company?
So you have to be a complete idiot to but stock in a company with a P/E of 500!
Of course they would! If the P/E of a company is 1.1 it is overvalued by definition so why would anyone buy an over valued company?
So you have to be a complete idiot to but stock in a company with a P/E of 500!
> Of course they would! If the P/E of a company is 1.1 it is overvalued by definition so why would anyone buy an over valued company?
This is obviously untrue. Would you sell a box that spits out $1 million dollars a year for 1 million dollars?