Coinstar Inc (NASDAQ:CSTR)
CAPS Rating:
A multi-national company offering a range of solutions for retailers' storefronts consisting of self-service coin counting; entertainment services such as skill-crane machines, bulk vending machines and kiddie rides and e-payment services.
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A P/E of 10? You have to be kidding me. Coinstar might not grow forever, but it's definitely going to grow for the next few years. When I saw the huge drop in share price, I thought there must be a lawsuit or kiosks being stolen. Instead, they just barely missed on one estimated metric.Sometimes the market does irrational things. When I look at Coinstar right now, all I can think is "What the hell?"P-Worm