We'll be seeing much more of this as time goes on and the repression starts to uncover the warts that a bull market tends to hide. In investing it's called the cockroach theory. Financial mistatements and fraud are like cockroaches, once you see one, you can bet there is happy family of a thousand or so living snugly somewhere under your cabinets. You'll be a stomping, pesticide-spraying fool for months to come!
Exploiting Investor Attention to P/E [PREMIUM]
37 minutes ago