RE:RE:CXRNo crystal ball Coach.
Remember I said 60-70%.
With Ball it would be 100%.
Just a hunch that I wanted to share.
Stockcoach1 wrote: fdfd12 wrote:
I think this is going to happen to CXR and ENDP and all stocks similar.
I am 60%-70% certain though.
CXR will guide down and stockwill tank. It will go to $23-$24CAN and stay there for 1 month.
Then IF and only IF they will no longer guide lower (if the market senses that is the worst is over),
then it will form a base for about 4 months. It will go from $24 to $28 to $24 to $28 form 4 months.
Then the first sign of $30 then it will go and go. If things are well, we will have multiple PE expansion. So will ENDP.
Hopefully by end of year, we will have a PE of 10 to make the stock $60US or $80 CAN.
On the other hand, if CXR beats in earnings, I don`t think it will climb to $45CAN with this much
negativiness in this sector.
Sector needs to be healthy for CXR to get to $50 and it is not.
I want that crystal ball Fdfd !!!