Expecting to see low $40s soon, tomorrow could be the $5 point drop day
whoaaaaaaaaaaaaa...that's way too much insight for one day...my head is spinning...
I know, I'm so mysterious. Here's another one to baffle them. Buy that which is showing strength, sell that which is showing weakness.
Can't Guarantee a Short Squeeze or $70The only guarantee for the shorts and longs is:Pixar next film releases in "less than three months"Title___________"Finding Nemo"Release date_____"May 30, 2003"A near-finished version of this film has already been shown to select audiences.The reviewers claim:"It is a big step forward for animation""It is a wonderful film"
Pixar Animation Studios and its employees have received more than 100 awards and nominations for animated films, commercials and technical contributions. Highlighted below are some of Pixar�s outstanding achievements. http://www.pixar.com/companyinfo/press/awards.htmlOnly 100 awards and a new film coming out in a few monthsI plan to cover my shorts before May 1st !!!How about you?Are you going to wait for the rebound?
PIXR hugely overvalue even now. Management guidance for 2003 eps is 1.39. It;'s got a 35 p/e and business not growing. Good company hugely overvalue. Should be in $30s at best
I've been saying that for a while, so I'm going to hold my tongue. but a close below 50 would probably set off a bunch of stops.
Over two months until the film releasesA lot could happen in that time !!!Pixar could dip and give the shorts a chance to cover(In fact, it has already dipped into the high forties ;-)Pixar could also head back up and reach the sixties or the seventiesOnly time will tell, but it should be fun to watch