Even with annual earnings of $2.50, below curr. ests, this puppy is trading at 12x earnings. What gives? The market is trading much higher, either on highly inflated estimates that have not been moved lower or on realistic numbers that have this and next years earnings at more than 50% off current estimates. I think a realistic price in today's mkt for wab is in the high 30's. Also still believe this is easily a double from today's price within 3 years, maybe soon.

yes, I am very very long this stock, for full disclosure.