Monday, October 29, 2007

BHI, It's impossible for BHI to go below 82

BHI, TK, says short this stock and i agree with him but when BHI gets to 82 / 83 or rsi 30.9 you must BUY BHI...Trades at a 21x multiple. 07 eps = 4.80 x 21 = 100.8...target met
Last price channel was $83 to $89, and i expect BHI to duplicate that exactly...Enter BHI when rsi = 30.9 approx 82/83
zee



GRID PARITY, STP

http://money.cnn.com/news/newsfeeds/articles/prnewswire/CNTH03125102007-1.htm



NEW deal increases growth rate 25% so new target price STP = $85
1.02 x 85x multiple = 85
old multiple 60x = 62 = target met
STP 07/08 eps = 1.02 / 1.63 = 60% growth
Take 1.02 x 60 = 62 = target met
60% growth plus new deal ( sounds like 25% increase) = 85%
1.02 x 85 = $85 = new target price

TB
Perfect CHART on etfc
14% rev growth 07/08 ( 2.19/2.51)= 14x multiple
07 est 0.86 x 14 =12.04.= book
08 est 1.30 x 14 = 18.2 = long term target price

http://www.traderbean.blogspot.com/

go to Trading bean...he has a perfect BUY ETFC at $11...ish

2 comments:

Dakota Kid said...

Hey Z,
Have a few $$ to put into call options today before fed announcement tomorrow, any thoughts?
Lee

z-stock said...

lee
i posted all my ideas at beannies

http://www.beanieville.blogspot.com/

BUY TDW,EWBC,ABK,ZION,ETFC,
ABK NOV 35
TDW GO TO BEANNIES
EWBC NOV OR DEC 30 CALLS
ZION
ETFC NOV OR DEC 10
THERES A LOT MORE INFO AT BEANNIES
JUST LOOK FOR ZSTOCK IN THE comment section
zee

EMAIL ME !!! anytime