Avis Budget Group Inc (CAR)

[fxchat]

I have entered into THE AVIS Craze too..

Why.

I see that they are going to post healthy profits soon.

My prediction is EPS for Q4 will be 50cts - 80cts

So their EPS for the entire year will be 52cts - 82cts

And EPS for 2010 should be around $2.

EPS of 10X puts this company at $20.

This is undervalued.

I am sticking to CAR for one quarter. I believe it will be $20 by next earning release. And this should be $30 in 2011 as by then earnings will be about $4 per year.