Ann: EML Signs Agreement with McMillan Shakespeare Ltd, page-20

What is this talk of high multiple? The forward multiple (P/E) on present price is 17.65.For a stock with EML's exponential growth trajectory that is very,very low.The current price action seems a little desperate ,and for any accumulators it would be, as the Half Yearly report is only 30 odd days away ,when results should be stellar and sub-$2 or even sub-2.50 a thing of yesterday.In the meantime volume is very low at these prices despite shorters increased interest (at least we can buy from them) and buyers should be about to move in again as it is really bargain territory.Unfortunately,only inexperienced small holders and shorters are selling ,so not much volume to buy, larger holders are not being frightened by the relentless pulling down of prices into selling for peanuts ,but as I said on the last short-lived drop ,every little bit you can buy at these prices adds up ,especially at these bargain prices and waiting for a bottom is dangerous guesswork imo. as the price will shoot up rapidly due to lack of supply down here.