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Pacific Sunwear of California Inc. Message Board

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  • blue_devil_ninetynine blue_devil_ninetynine Dec 4, 2012 10:25 AM Flag

    Place your bets...

    This prediction turned out reasonably well. PSUN was flat on Nov 16, but then went up 12.8% from Friday Nov 16 to Friday Nov 23rd.

    Emboldened, I now put out my predictions for the next 3+ months:
    - PSUN will hit $1.75 before the end of December 2012 (not saying exactly where it will be on Dec 31, just saying it'll hit $1.75 before the end of the month).
    - PSUN will hit $2+ in the month of January.
    - PSUN will hit $2.50+ in the month of February.
    - PSUN will hit $2.70+ before its next earnings release. The exact peak is obviously even harder to predict, but my guess would be $2.90.
    - PSUN will go higher in Nov 2013 than it will in March.

    Disclaimer: I don't claim to have any insider information, so your guess is as good as mine. Let's see what happens...

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    • blue_devil_ninetynine blue_devil_ninetynine Dec 24, 2012 12:44 PM Flag

      Only a few days left before my first prediction is proved wrong. I think the closest we got to $1.75 was nine cents. I guess there's still a few trading days left in the month, but it's looking unlikely at this point.

      Anyway, happy holidays to everyone, and I hope 2013 turns out to be a great year for PSUN longs.

    • Well since we're playing the guessing game... here are mine for the next 3 months starting with the actual bottom 1.46 on Nov 16th....
      Bottom @ 1.46 on Nov. 16
      Top @ 1.92 (actual 1.96)
      Bottom @ 1.58 (actual 1.52)
      Top @ 2.02
      Bottom @ 1.73
      Top @ 2.23
      Bottom @ 1.81
      Top @ 2.37
      Bottom @ 2.15
      Top @ 2.58
      Bottom @ 2.16
      Top @ 2.87

      Of course if PSUN decides to take a sh, and break 1.46 low...then none of this is valid IMO and we may not go Bull after all. Good Luck...

      Sentiment: Buy

    • Prediction #1 failed given the "end of December" deadline, but we are at $1.75+ just three trading days later. Now let's see how prediction #2 pans out...

 
PSUN
2.08-0.22(-9.57%)Aug 29 4:00 PMEDT

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