$60 target since momentum is a powerful force not calculated.
his reasoning: earnings of 1.2.. runrate of 4.80 EPS w/ PE of 15 = $72.. discount $12 dollard for anything you want.
I PRAY he is right.
dum de dum dum dum
Back up the truck 'n load, then let them truckers roll.
Is he someone on this board? I had 3 different email conversations this weekend with folks here who all stated similar thoughts. $55 to $65 fair value for short term, but could run higher on covering before settling in for next earnings.
Great minds thinking alike....
Nope he is my VP on downstairs dept. nuff said lol.