It could go crazy, but that’s not what Sean has taught us to look for. We look for stocks that are “on sale” – that are at a deep value. Its forward PE is 65, which is astronomically high, so it’s not really on sale.
We don’t get involved with stocks while they’re in bubbles that will likely pop because they carry massive downside risks. Additionally, the stock has been overly-loved and overly-owned. Therefore, there’s no value to be had there.