As stated here previously, this is an excellent business and management seem to be executing well. It is the expectations of investors that need some adjustment.
One of the biggest problems with owning this stock is that for most of its life it is has been overvalued with the exception of a brief window back in late 2008 early 2009, particularly as a result of overly optimistic expectations.
It is possible that the stock may be undervalued today but that undervaluation would only be slight.
HC members should also be careful of following Forrest. Someone who is so emotionally attached to a stock that he starts a blog about it should be enough warning. The fact that he has consistently gotten his forecasts very wrong coupled with his wildly optimistic forecasts and valuation should put the nail in the coffin.
As stated here previously, this is an excellent business and...
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