Saturday, March 6, 2010

True Religion is a BUY for Svigals and Tall Firs Portfolios

Hooray! I did something well I guess. People seemed very impressed with the revenue model. I have my professor and this class to thank for my new found ability to quickly and accurately predict future events, (OK, maybe not so accurately sometimes). But yeah, we'll probably make a roughly 20 to 30 thousand dollar investment based off a report I did, which I think is pretty exciting. I don't know if everything I projected going forward is going to come to fruition, but I did the best I could. My estimates weren't all that far off from the mean on Wall Street. I arrived at a target price of $30.69 and the average analyst estimate had the stock priced at $29.87, with a high of $34 and a low of $27. So anyway, I'm pretty happy with myself right now. It's a little bit of validation for this whole "education" thing that I'm paying for.

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