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drivermike64 (97.72)

crystal ball post

Recs

7

September 27, 2009 – Comments (7) | RELATED TICKERS: C , RBY , DLA

 The second stage of the rally begins the first part of October '09. When it becomes clear the the downcycle is over, this market is gonna be on fire. Citigroup (C) will go up to $23/share by the end of October '09 and hit $90 a share in May '10, leveling off around $120 a share in Aug '10; Delta Apparel (DLA ) will go to $12.5 by the end of Nov. '09; Rubicon (RBY) will hit $40 a share in Jan. '10, (over 500% runup  between dec and jan); Yamana (AUY) will triple  between now and Dec.'09, Human Genome Science (HGSI) will hit $200/share around august of 2010. JST (30% gain by May '10) in particular and china in general are gonna be left out of the rally for the most part as investors grab for old comfort zones. disclosure: I am all in on citigroup right now.  There are a lot of other tremendous opportunities, but these are the ones I am confident of. Ok, this either makes me a liar, a p & d'r, or a prognosticator of the first order. time will tell

7 Comments – Post Your Own

#1) On September 27, 2009 at 4:48 PM, ImOuttaHere2008 (94.36) wrote:

Sounds like you are going to flip your Citigroup @ a huge profit, should your revelation come to pass.

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#2) On September 27, 2009 at 5:14 PM, garyc27 (< 20) wrote:

Can you share where you bought your crystal ball, mine works like crap?

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#3) On September 27, 2009 at 7:17 PM, rd80 (99.24) wrote:

No way Citi hits $90 a share in the time frame you call for unless it's after a massive reverse split.

There are currently about 22 billion shares outstanding.  $90 a share puts the company at nearly $2 trillion market cap.   BAC, JPM and WFC combined have a market cap of about $450 billion.

Do you really think C will be worth over four times the combined market cap of it's three biggest US competitors?

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#4) On September 27, 2009 at 7:33 PM, drivermike64 (97.72) wrote:

Maybe it will be a massive reverse split, in which case it is not a good investment.  Then again, it could be overvaluation due to market exuberance, or both. Crystal balls are notoriously weak on details.  Either way, I am selling out mid october because of better opportunities, and when the predicted dates pass I will either be correct or I won't. 

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#5) On September 27, 2009 at 10:54 PM, checklist34 (99.91) wrote:

lol mike, that was pretty good.

 

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#6) On September 27, 2009 at 11:04 PM, portefeuille (99.96) wrote:

Human Genome Science (HGSI) will hit $200/share around august of 2010.

My HGSI call would then be "up" by 39900%. I like the idea!

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#145) On March 10, 2009 at 3:06 PM, portefeuille (99.99) wrote: HGSI - 0.50 - outperform

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(from here)

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#7) On October 18, 2009 at 7:03 PM, drivermike64 (97.72) wrote:

My predictions were just wrong. My apologies to the community, I am discontinuing blog.

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