of 120$ US before spring. Here are the cold facts about MA:
1. The consumer is totally broke. 2. Real estate won't be able to bail out the consumer this time. This is much worst than in 2000. 3. Assuming MA makes the higher estimate of .80$ in the 4 th quarter, it will have made 6.02$ this year, which puts it's actual P/E of 31.5 which is totally out of wack..... 4. Next year's higher estimate is at 6.55$ US, which is 9% higher than this year.....assuming a hefty P/E of 18 (PEG of 2 which is way over exagerated) at best this brings back the stock 120$ US, where it traded intraday on August 16 th ! 5. How do you explain the facts that the banks spund off this stock at 40$ US less than 18 months ago. Do you really think they could be that stupid ? 6. It now trades at a price to sales of 6x, price to book of 7.5x and a ridiculous PEG of 1.75. 7. The short squeeze is now over gentlemen, with a volume of 20 million today. The "pumping" is now gone. 8. Major competition is beefing up worldwide. 9. A major world recession is just around the corner.