Real simple, said by Cramer himself (one of the rare times I agreed with him) about eight months ago (paraphrased): Fwd P/E of 25 with about $3.00 earnings in 2013 puts this value at $75. (Split adjusted would be $37.50, for those arithmetically challenged).
Sentiment: Strong Sell
Going to 40's is not a difficult prediction to make, you didn't put your neck out there. But pre-split too 80 was wrong. If they don't have a good quarter we may have a 10% decline or unless something wacky happens in the market, that's all I can see, but I am also left my crystal ball at home. I don't like investing at or close to high, I would rather have a pullback before investing more money. There are plenty of companies to invest in or you can sit on your money until a good deal comes along.
I think to be accurate, you said it was going to 80 (pre split). That does not mean the 40's (post split).
but, if the price drops 20+ % from today, your prediciton would be accurate....although slow.
People that say "LOL" are actually "CRYING"!!!!!!!!!!!!-And when you say,"Learn how to invest",you are using a defense mechanism called projection.You are projecting your LOSING habits onto others.What a loser!!!!!!!!!!!!!!If you were making money you would keep your mouth shut.Now-LEARN TO INVEST!!!!!!-WFM will be at 65 in no time at all.