Don't mind to be contradicted alan as intelligent exchanges are always informative. You are probably correct. My estimate is very conservative rough and rule of thumb approach without doing any modeling or using actual data. I just assumed linear functions and no change in GM, average fixed cost, etc. With your estimate I will be making even much more money especially since I added more shares at $2.38 yesterday:)
I think the tax loss sell off could get it below $1.50 or maybe even $1.40 but not all the way down to $1.00 though I would welcome it. I am willing to pay $1.50. If you are so smart and know it will go down to $1.00, why don't you go short and I also get a chance to add more shares at $1.50.
The investor must have much money tied up in the company. Although the report is very optimistic and you could say is pumping the stock, it is not a bad report from a scientific point of view. Much of what they say is lifted from the 10-Q and the latest SEC filings with rudimentary and basic financial concepts and parameters applied.
PME did not pay. An investor paid for the analysis. I have already qualified my statement. I don't follow even the best of analysts and reports. I do my own research which is also positive but not as optimistic.
It sure is a game changer though GURE would be doing great without it. Assuming other things constant, a 10% rise in price will roughly yield a 10% increase in profits. This worldwide increase in price is most likely due to the rise in demand which translates into higher volume which will result to even higher revenue and profits. Additionally, given the current excess capacity, with increased production GURE will be able to utilize its plants at higher capacity which will actually reduce cost per unit and result in higher profit per unit. All of these factors combined should give us much better net revenue and earnings in 2014 if the trend keeps up.
released today is interesting. These guys are not reliable and their review is very optimistic but still not far from my own research and expectation. I am posting their overview which even under the most conservative interpretation will yield a price of over $5.00-$6.00 by spring 2014
This is for people like you and I to get tired and sell. Some have already. There is also tax loss sell off. I am keeping my shares. It can only get better given the net earning forecast for the 4th quarter and next year.
Glad to see De Marco gone but I am not so sure of Watt either. You may be too optimistic about him dell_stk. He has to prove himself. Still holding 46,000 shares after cashing in huge profits.
I actually sold 3000 shares at $1.48. I don't gamble. Accumulating COSI at cheaper and cheaper prices due to tax sell off with 80% probability of an upside is not gambling. Gambling has the extreme upper limit of 50% chance of winning. 80% 50% learn your elementary school math kid.
That is next week. They are taking out the stop losses today to prepare for it. Bought back shares I sold at $3.06 last week at $2.40 today.
Learn the basics. No stock will ever become worthless. Just one nice dip will be enough for me. But most likely it wont happen.