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Re: bUrRpPPP! post# 13104

Wednesday, 02/02/2011 3:23:22 PM

Wednesday, February 02, 2011 3:23:22 PM

Post# of 34471
I think the recent plummeting of the stock and the scandal surrounding it will draw much positive attention to the company.
I am of the view however that this unfortunate turn of events will have a material negative impact on the stock through to at least the dividend announcement and / or year end results. February is going to be a tough month and we will be lucky to see the 20's. I believed last week that we would see the 16's and we are more likely to fall back to the 15's then we are to hit 20 in the next 4 weeks. Naturally this is all speculation and in any event doesn't effect the year end trajectory of $60+.

Just our luck when we do make it towards a new 52 week high the US markets will tank.

In the meantime please feel free to check out my new picture

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