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YankeMike

03/29/12 11:30 AM

#404 RE: gabbs #403

SCEI issued guidance in a PR in November that they are expecting 2011 EPS between $0.98 and $1.06 on revenues around $100MM. The analyst report I read is projecting EPS for 2012 to be around $1.40 per share. A SeekingAlpha write-up in January said they are doubling their production capacity and are projecting revenue growth over 50% this year to over $150MM.

So I am holding through earnings. I think this hits $4 by mid-May.