As a worst case scenario kind of thing.Using those figures and deducting back from the current $8.55 gives annualized rate of returns of about 12-13%.I can live with that.But, I would like lower prices even better.And its possible the stock does better.Or in a shorter time period. Im thinking that in 3 years they will throw in the towel & dump it for $12-12.50 in the worst case.My concern in the near term is too many idiots think $14-14.50 is right around the corner and thats just patently absurd.Enough of those kind selling out betwen now & year end could hammer the stock to much more attractive levels.I would love to load up in the $6-6.50 range.
three years to get to $12-12.50...are you kidding? if days like today continue, it will reach that level in a matter of days
I would agree that in three years the whole company will be worth about twelve bucks ( give or take the value of the toilet paper in the rest rooms)