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Thursday, 11/01/2007 3:43:35 PM

Thursday, November 01, 2007 3:43:35 PM

Post# of 173961
UTVG's new price target: $17.36:

Or if you calculate the 2008 share price target by giving UTVG the same forward PE as CTRP (which is 53), you get a price target of $20.67 (.39 eps X 53 p/e). So one can use a "median" price target between the two and you come up with $17.36 stock price. The estimated above targets would give stockholders a possible 220% to 400% return from today's stock levels. Another future catalyst for a rise in the stock is that (unconfirmed) Universal Travel Group is now in the application process to move from the OTCBB to an AMEX listing. This of course will give the stock more liquidity and exposure to institutional interest. For those who always like to examine a stock from a technical side, UTVG is building on a bullish breakout.

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