ANALyst WRONG AGAIN: NTAP RALLYING NOW, was $23+ aftermarket, was down premarket, now UP, UP and AWAY. NASDAQ above 2000 (was down over 80 points due to pre-market manipulators trying to get "one last kick" to buy lower before rally and maxed down futures, all TURNED AROUND TO THE UPSIDE NOW). And its only 10:14am EST. Prudential should be prudent, and not volunteer to be the last penguin ANALyst eaten by the last bear at the iceberg edge. STORAGE will do much better, I read her earnings, they are very wrong and very low, but even those, if we assume a bad bad economy (which will not happen now that oil is down to $27 towards my preferred stablility range of 20-25 model, which energy cost savings will translate into higher earnings for all companies and markets, and free up spending dollars, for a bigger and better recovery). NTAP EPS GROWTH is 498%, for those of you who want quick math just muliply the current price by 6 or $132 per share, or for those slow math gurus get your own PEG by dividing the P/E 85 by 498 0r .17 the inverse multiply by $23 share price is $135.
This is about right give or take $20 per share ($115-$155) target. Remember PEGs below 1 means OVERSOLD BARGAIN.
I am,
Truly your$,
-Crystal Ball |
