Yeah okay I don't pay for it, because I don't like them... I...

Yeah okay I don't pay for it, because I don't like them... I only think anything of a couple of their writers... But consider the fundamentals...

IMO @ $2.20 CLH were overvalued, but some stocks stay overvalued for long periods of time, take Dominos for example or any of the powdered milk guys (extreme examples, but hope you get what i'm saying)... CLH at $1 or $1.20 though wowee on fundamentals a great buy, could I justify paying $1.6, yep I could!

Will they continue to grow the top and bottom lines, maybe not in the next year while they believe the margins on this purchased debt is too low and not sustainable. If it's not sustainable for CLH, is the debt others are purchasing sustainable??? CLH are getting bashed (SP wise) for being a great defensive company, they are getting bashed for doing the best thing for the company - Not buying unsustainable debt...

So don't worry about the SP, undervalued, may take time to recover, but wont last and now is a great buying opportunity.