Well, I just bought a small parcel. PE still above 15, with a un...

Well, I just bought a small parcel. PE still above 15, with a un grossed dividend yield of about 5.5%

Still prices in earnings growth. However, I think over the long term WTF will be worth at least $4 even if it does drop below for a bit. In that case, I'm happy to wait it out with the not-too-shabby dividend yield.

On the other hand, with earnings growth the yield could improve, even if the capital doesn't.

Finally, I'll sell if it reaches a PE of 18 - I think in that case it's ahead of itself.