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Strategies & Market Trends : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (118644)	8/13/2013 5:25:17 PM
From: Acton	Respond to of 233934

Partly agree with you. News will propel it for sure but based on peer comparable valuation the market is already - albeit slowly inching it up to a more respectable p/e ratio. From my dd, 50 to 60 cents should be a lock without any sort of news to get it there based on the rolled up Q1 and Q2 earnings. But without news it will just take longer. Then, Q3 and Q4 by all accounts should prove up 10 cents eps for fiscal 2013 - and that puts it way past a buck. So good luck to those scalping it for a couple of pennies. Oh, then there's expansion into Brazil and Africa but most flippers will be long gone by then.