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Einstein Noah Restaurant Group, AŞ Message Board

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  • forkisafunnyword23 forkisafunnyword23 Nov 2, 2010 6:52 PM Flag

    Any thoughts on the price after earnings?

    Thanks for the useful information Quantum. I know this stock is mostly owned by Einhorn and some other large institutions and I expect these people are in to make as much money as they can make off of this company. I don't believe the stock will go below 10 and expect good earnings so I bought yesterday. I do hope we will see a buyout in a year or so and anything in the 20's will be a great thing. My time frame is for about 6 months but may stick it out longer depending on what happens in Q4.

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    • The current target confirmed today by Morgan is 15 and beginning next year say, when the 1st quarter eranings are announced we should see the end of the Series Z.

      Einhorn will cash this in after that at some point - he has stuck with this company a long time - getting his Series Z paid off and after that - he will sell out and make a ton of money - i do not know about 20 in 6 months - 15-16 maybe...but who knows - good luck