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| Ticker | Board | News | Price | Change | Chg% | Added | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| ABX | Barrick Gold Corp | 22.68 | -0.53 | -2.28% | 05/29/2013 | |||||
| AGTK | Agritek Holdings Inc. | 0.0001 | 0.0 | 0.00% | 05/29/2013 | |||||
| FNMA | Fannie Mae-No Politics | 1.13 | -0.17 | -13.08% | 05/29/2013 | |||||
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My FNMA Pitch: Bull Market (Housing) + 8 fold earnings + expected increased earnings + High Visibility and Momentum + low P/E ratio = High Probability Trade. My forecast price PPS = P/E x EPS - .80 x 30 (through 50) = $24-$40 by next quarter end. Don't underestimate the power of P/E in forecasting.
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