GREY:ESPAF - Post by User
Post by
robjameon Aug 05, 2014 10:03am
235 Views
Post# 22809422
Morningstar Raises Fair Value Level for ESP
Morningstar Raises Fair Value Level for ESPMorning star has raised its consensus fair value for ESP to $3.05. This is a current level value and represents a jump from $ 2.85. I rely on this number as it is normally a low level price and should predict a strong base price. When a stock gets way ahead of this Fair Value price, the red "Over Valued" rating scares new investors so this is an important change. A slow steady increase is preferable to the jumps as the price often drops 50% of the jump to "fill in the gaps".
I am hoping there will be news from the the Colorado conference this week that will propel the price even higher.