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Varchild2008 (85.89)

Varchild Downgrades DPS from Strong Buy to Hold

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July 15, 2009 – Comments (0) | RELATED TICKERS: DPS

Seeing that DPS share price is really really close to $23.25..... Which is about 13.5 times  the expected 2009 full year earings for DPS, DPS is now a hold.

I just hope this thing HOLDS around $22.50 to $23.25  up to the earnings report day.  Then we can see if $1.75 or better is what DPS will earn this year....

If it starts to look like DPS can do $1.80 this year which would be insanely bullish on the stock, then we can easily see the share price spike to $24.00 a share or higher....

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