a conservative P/E would be about 18., so I see that about
1.30 as a good spot/./.what has us at .76 is the ultimate FUD from everyone. Look at it this way, everyone wants it now, so we know it takes time, well they don`t want time to play out....now or nothing, so it`s nothing and no way to push up the price...............so Market Makers will buy and sell between themselves to earn commissions (no one wins, except them) and in the mean time they move the price down in hopes some FUDsters will get scared and sell out....to them and they will make the $ on the next run after the settlement......if we get one. ( and I do see that, fwiw)
SO IMO, anything below 1.30 is a bargin now, because I do believe in much more settlements.