Friday, June 18, 2010 1:26:45 PM
I'm saying that often on big news, the market will equate the stock price to (and the stock price will run to) that magic sales number quoted in a PR.
IF Rooney puts out there $1.5B this time (instead of $1B), since the partnership has expanded, AND we have a large company named....i think $2.5 is possible ($1.5B/600MM OS).
We could be looking at significant pps for the very short term.
It happens quite often with these small companies on huge news. I have seen it several times with drug companies. An example...MNKD. Look at the OS on that company, and where that stock has been on a market cap basis (off the charts).
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