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Re: ijeffc post# 60

Tuesday, 03/29/2011 3:37:14 PM

Tuesday, March 29, 2011 3:37:14 PM

Post# of 196
I think I see something though in their 2011 projected earnings. They have lowered them from 27¢ to 17¢, I think that is what has people bailing on their stock. I like a stock better when it is projecting 40% growth and not break even growth. Although, they could beat those numbers for a pleasant surprise or people could focus on the 2012 projection, which is 29¢ a share, so even with a P.E. of 7 (average for rubber and plastic is about 10), it is conservatively a $2 dollar stock in 2012.

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