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Newbie here...what am I missing about Home's current price and latest BO estimates out today

Posted by: DocRock on Mar 28, 17:15

The price for Home (SMEKD) is around $114 right now and stock hasnt halted yet and BO projections are anywhere between $53-$58 million...lowballing it to $53....53x2.7 = 143.1.

Isnt that a guarenteed nearly $30 a share right now if I buy?

Newbie here...what am I missing about Home's current price and latest BO estimates out today DocRock Mar 28, 17:15

Correct. Assuming it does hit at least $53. It will halt at 6pm PST {nm} Strider907 Mar 28, 17:17

Whoa. That's what I thought. DocRock Mar 28, 17:18

Unless predictions are wrong. :) {nm} Dorfman Mar 28, 17:23

Always a possibility, but DocRock Mar 28, 17:43

I think this is the correct move. Also... RogerMore Mar 28, 17:50

Thanks for the gentle reprimand for a newbie! DocRock Mar 28, 17:56

No, posting that you have just made a trade or are about to is generally not allowed. But that doesn't matter, because a forum filled with RogerMore Mar 28, 20:10

The Rule of 4%. RotoHockeyYTD2013MainPort Mar 28, 18:12

Appreciate the feedback everyone. Rule of 4 is good to know. Thanks! (NM) DocRock Mar 28, 19:51

That's not quite true, because your the stocks you sold could change price before you re-buy them, but in this case I think it's worth doing {nm} JDolphin Mar 28, 20:26

Quite True. You always have the Decision about what to Acquire or Re-Acquire afterwards. <INSIDE>. RotoHockeyYTD2013MainPort Mar 28, 21:23

Make that the 2.0 BILLION Port Value Level. {nm} RotoHockeyYTD2013MainPort Mar 28, 21:24

Here's the Other Thing. <INSIDE>. RotoHockeyYTD2013MainPort Mar 28, 21:46

And with an expected huge Monday pay-out... It could be profitable to check some movie funds... {nm} JMT-NL Mar 28, 23:46

Excellent Point! {nm} RotoHockeyYTD2013MainPort Mar 29, 00:31

You should bought 100k shares. More profit. {nm} mike255 Mar 28, 18:08





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