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Mike, whether you are a big player or a small player, makes no difference, 25% of a portfolio is a statement. RADAF is now my largest holding and if it stays at these levels until the first of the year, I'll contribute my SEP funding for the year to it. I've looked everywhere for money and honestly I'm way overweighted in this stock---I'm going for the homerun on this one----so don't feel like you're alone on this one. In a year from now, I think we'll all be smiling and toasting our savvy decision. I don't see much downside risk. My projections are earnings of close to $3/share(maybe high, maybe not),and if you take a trailing PE of 10, you have a $30 stock. If you take the past as a projection of the future you can plug in a trailing PE of 25----which would give a potential price of $75. I like my odds. By the way, has anyone noticed that not one person has really come close to guessing the next quarter's earnings? Everyone's been too low. Makes me feel that management knows what they're doing. I sure hope my projections come in for next year and we can all see our due reward, I think it's safe to say that we all have a lot riding on this one. I'm curious as to other people's projections for next quarter and the 98 year, and how they came up with their projections. Any and all replies would be appreciated. |
