GREY:FTPLF - Post by User
Comment by
OptsyEagleon Apr 05, 2011 5:49pm
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Post# 18389825
RE: RE: RE: RE: Will Need to Look A Little Further
RE: RE: RE: RE: Will Need to Look A Little FurtherActually, I am pretty sure, but not completely confident that FTP will earn $12 per share in 2012 so I am going with $7. That I am very sure of. Actually it will take a total collapse in cotton prices and dissolving pulp prices for the EPS to get that low. Did that answer your question?
As for your charts. They work really great right up until the time they don't. Then the chartists always say that you need to look at another chart or compare it to a secondary chart or use another confirmation chart before you act or you should expand the time period or reduce it. As far as I am concerned the benefits of technical analysis are just a little less then useless, if you ask me.