Post by
fdfd12 on May 08, 2016 11:38am
CXR
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.
Comment by
Stockcoach1 on May 08, 2016 12:21pm
I want that crystal ball Fdfd !!!
Comment by
fdfd12 on May 08, 2016 12:40pm
No crystal ball Coach. Remember I said 60-70%. With Ball it would be 100%. Just a hunch that I wanted to share.
Comment by
sunshine7 on May 08, 2016 2:54pm
MT did exude confidence at the recent agm AFTER preliminary Q1 results were in so I am thinking downward guidance is not in the cards. Also said shareholders will be pleased in coming WEEKS, months and years. Remember, he is also a significant shareholder.
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pineapple1 on May 08, 2016 3:10pm
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CxrBull on May 08, 2016 4:03pm
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pineapple1 on May 08, 2016 5:11pm
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Lattice on May 08, 2016 6:34pm
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Comment by
DeltaVega on May 08, 2016 3:20pm
I would love to see Q1 ER blow the Shorts off this board and out of this stock. Amazing the amount of manipulation of CXR. GLTA