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Friday, July 23, 2010 10:25:46 PM
P20 is the whole enchilada. If it works, redemption is achievable but at a much slower pace. Even if all goes to JBII's plan, the old adage "fool me once...." will limit the upward growth: suspicion has supplanted euphoria. And even if the PPS rises, folks are not going to be caught not locking in profits the 2nd time around.
PPS increases will only follow revenue growth and actual earnings. IMO, this mean JBII is dead money short term.
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