Here are my CMCO price Targets:
$15.24 = Target 1
$16.47 = Target 2
$18.00 = Target 3
$20.47 = Target 4
This assumes a close above 14 has occured. I really thought we would get that today but the general stinkiness of the market ended the rally.
FWIW, I ran my "proprietary formula" on BIPH and came up with Target 4 being $3.48. I've only just started using this formulae which I have been tinkering with variants for some time now. The one thing it does not consider is time. Time will tell whether I put any credence into this method or whether I throw it out along with the many other ideas I've had!
"The very existence of flame-throwers proves that some time, somewhere, someone said to themselves, You know, I want to set those people over there on fire, but I'm just not close enough to get the job done."