Finally, of course you set a target PPS, all good. But an acheivable one. Not like the ones mentioned for both WAMUQ ($24 in some posts) and DNNC (cant recall - $5 or $10 maybe). "And by losers, I mean stocks that you might only make 5-10%" HAAAA....this would make you the best stock picker out there...in which case you would not be posting your $100 trades here. Yet another statement that should make everyone question your maturity with investing. For those following his picks 5-10% worse case senario, you wont be working much longer, if at all.
Just trying to have a little fun with you Flamer. You come here and try to rip on my analysis, so the least I can do is rip on your name since you haven't posted anything of relevance ... ummm, ever.
If you were following my threads, you'd understand the unique situation of both
WAMUQ and
LEHPQ (and
Lehman's other relevant stocks). These stocks won't simply get bought up to $8-24 (
WAMUQ) or $50-100 (
LEHPQ), they will be temporarily halted for trading and will resume trading at the new price. This would be because a settlement was announced and the stock resumes trading at the new price, this happens all the time (
MVL &
CBY come to mind recently) --
Disney offered a bunch of money to
Marvel, the stock is halted, and resumes trading at the new price ... same with
Cadbury when
Kraft made them their offer. Neither of these stocks were bought-up 30% to represent their new values, the SEC halted trading and resumed it at the new price.
My price target for
$DNNC is $1 near-term, and I still believe this to be true since I believe "
Big Money" has finally moved on to bigger and better things and has had his fun/revenge. I would go as far as to say I think a reasonable
3-5 year price target for DNNC would be $5-$15. If you'd like to know why, please check the relevant
Franchise list I will post at the bottom of this. And lastly, if you check
DNNC's 2-year chart (which can be found here:
http://stockcharts.com/c-sc/sc?s=DNNC&p=D&yr=2&mn=0&dy=0&i=p93834726544&r=3658) You'd see that
DNNC traded at about
$13 two years ago, so I would definitely say it is
VERY LIKELY that it will get back to at least
$5-15 in another few years as their exposure increases.
--
LIST OF PUBLICLY TRADING FRANCHISES--
DNNC .04 (Donini Pizza franchise)
EAT 15.33 (Chili's)
AFCE 8.10 (Popeye's)
DPZ 8.00 (Domino's Pizza)
BWLD 39.87 (Buffalo Wild Wings)
BKC 17.19 (Burger King)
CMG 87.59 (Chipotle)
CKR 10.27 (Carl's Jr.)
COSI 0.6625 (Cosi Sandwich)
DENN 2.77 (Dennys)
PNRA 54.23 (Paneras)
PEET 27.51 (Peet's coffee)
AREN .45 (Allstar Restaurant)
DDRX 20.08 (Diedrichs Coffee)
JVA 4.65 (Coffee holding)
TAST 7.23 (Carols Restaurant)
BAGL 13.96 (Einstein Noah Restaurant Group, Inc.)
GTIM 1.31 (Good Times Restaurants Inc.)
RUBO 6.26 (Mexican restaurants)
UFFC .10 (Ufood 4M in debt)
Any other reason you don't think this will go above .05? Because I've got plenty more DD to throw your way.
And for your comment about
5-10% returns,
you must have
0% experience investing. I can invest $100 at the beginning of the year in any stock I've ever recommended here and I guarantee you if you invest it on 1/1/10 it will be at minimum $105-110 by 1/1/11, w/o a doubt in my mind. That would be the loser stock of the year, but it would still give you a 5-10% return. But would making 5-10% of a $100 investment really be enough to quit your job? Maybe for you, but probably not for most, so I guess I dont see the relevance in your question. But if you're assuming one can make a living on my stock picks, I would say yes, w/o a doubt ...
I DO. Problem is, you need a good chunk of change to start investing with so when you make a 100% ROI, that would be enough for you to live off of. But I'm not happy with 100% returns,
I shoot for 500-1000% ROIs on my investments, and 300-500% ROIs on my short-term Pinksheet Roulette plays.
I'm open for debate on any of my stock picks, that's why I usually post my reasoning initially so folks here can decide for themselves.
And yes, if you'd like to meet to further discuss your financial goals, in-person or via web-conference, I am very open to helping you achieve retirement at a specific age -- at a cost of course, I dont charge my clients consulation fees ... but I dont like you, so you'll have to pay.