JPM 46.51 PE, Jamie Dimon is defying gravity

D

Daal

14 forward PE, 46 trailling. Stock is trading in a huge gamble 2010 will be a blockbuster year.
The analysts estimates are probably filled with V shaped recovery hopes. Am I the only one who thinks JPM is totally overvalued?
I guess I cant demand too much rationality from this stock, its the same stock who made ALL TIME HIGHS a couple weeks after Lehman bankruptcy
 
Quote from Daal:

14 forward PE, 46 trailling. Stock is trading in a huge gamble 2010 will be a blockbuster year.
The analysts estimates are probably filled with V shaped recovery hopes. Am I the only one who thinks JPM is totally overvalued?
I guess I cant demand too much rationality from this stock, its the same stock who made ALL TIME HIGHS a couple weeks after Lehman bankruptcy
More...

JPM's economists are still amongst the dreamers who claim we will see a V recovery...

No New Normal JPMorgan Sees V-Shaped Recovery in U.S

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=avR3wifbUr1w
 
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