Post by
fdfd12 on Feb 13, 2016 8:05am
Select1011 (coming to his defense) PART 5
Lastly, the chart is broken but NOT as bad as TEVA.
It will take time and as they prove they are doing $350M cash/year,
stock will go up.
Will take time and will reach $75 by year end if they do it.
For 2017, should be in the mid $100's
If they do only $300M/year cash, then stock will go up but will reach $50 by year end
and for 2017 will be $75-$80.
It is a show me story.
Comment by
argentia77 on Feb 13, 2016 8:26am
Or sooner when we start see the doom and gloom headlines firmly rejected by world markets and the global economy recovers. But mid $100s by 2017, yeah I could live with that.
Comment by
stjjmac on Feb 13, 2016 8:37am
i agree with your target but would add that this would still only equate to a 12x EPS which would still not be expensive. If the market sentiment improves, I wouldn't be surprised to see this go higher sooner.
Comment by
Simulacra on Feb 13, 2016 9:45am
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Comment by
fdfd12 on Feb 13, 2016 10:46am
You may not get under $30's. They will report in one month. If the cashflow is like they say, then the $40 will gap up at $44 and never look back. If the cashflow is poor, than will gap down and you will get the $20's. But would you like to buy a stock who is failing to deliver the $350M cashflow.
Comment by
Simulacra on Feb 13, 2016 11:04am
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Comment by
1health on Feb 13, 2016 10:58am
simulara- Today Nasdaq closed @4000 bring down the number buy on $20, save more.
Comment by
Simulacra on Feb 13, 2016 11:09am
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Comment by
Pj1958 on Feb 13, 2016 11:34am
What a stupid statement " I won't be paying a penny more than I need to " What are you GOD? , that you can call the bottom within a penny? Well guess you may not be buying CXR at all ,as we may have bounced off the bottom and go back.
Comment by
1health on Feb 13, 2016 11:50am
p1958- He is shoter, need some parent supervision, to become adult.