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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
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Brent Oil
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0.00%
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bbotcs

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Re: wadegarret post# 52725

Sunday, 08/19/2018 3:37:13 PM

Sunday, August 19, 2018 3:37:13 PM

Post# of 113890
wadegarret: USCR

If the company earned $6, that would be an approximately 500 percent year-over-year increase in the eps. Multiply 500 X $6, and fair value is $3000. Ridiculous, of course. But let's give USCR a PE of 20. Fair value then is a more reasonable estimate of $120. If your eps prediction is correction, this stock is a gift at the current price.
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