JPR,
I think that $130 on earnings day doable, and if that is 20 market days away, we only have ~$12 to go, or about $0.60 a day or about +5/8 per day. I don't that is too 'eye popping'! even 1 5/8 a day is doable, and that would be $150 on earnings date.
If we get to ~$150 prior to earnings, IMHO there will be a 'retracement' to ~$130 shortly after earnings (especially if split is announced), which will be followed by the slow, but accelerating climb as the split date approaches, culminating in a split at around the ~$140-$150 mark, and then the climb again toward the $100 mark. There will, IMHO, be some resistance through the $70s and $80s, as in the past.
All in all, I'm expecting a split near term, and if performance remains good, another split before the next shareholders meeting.
Whoops, crystal ball is beginning to 'cloud' and the 'light' is dimming now, seems that I have stressed the circuits a little too much at this time! No more information coming!
Regards,
Ken |
