Amazon effect overdone? Maybe, maybe not. Screaming bargain? Perhaps, but always dangerous to catch a falling knife. Remember - GXL is not cheap if we look at the PE. It only looks cheap, if we assume it will keep growing as it did in the past. However, growth is harder to come by when you are big and only know how to fund growth with additional acquisitions.
GXL Price at posting:
$5.82 Sentiment: None Disclosure: Not Held