GREY:HRIVF - Post by User
Comment by
coolbeon Sep 06, 2010 11:13am
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Post# 17417429
RE: 1.25+ Tuesday
RE: 1.25+ TuesdaySince anyone started this prediction game, i will join and give my own prediction
Like I said early last week, I think a new trend is developing, the mini consolidation phrase is over and we are probably going to see higher prices in the coming months. I dont believe we are going to gap up tomorrow (but I am all for it if thats the case), instead we are probably going to open at around 0.97-0.98. The market marker for hrg hasnt allowed a breakout (gap) to occur in the last 12 months. secondly, I believe we are not going breakout (massively), instead we are prob going to see steady rise (hopefully 6-10%) each day for the next 2 months to around 1.3-1.4. At 1.3-1.4 we are prob going to trade at only 7 P/E(ttms) by the time Q3 report rolls out. So, thats a good possibility this will happen