Love the pillow talk.
I do agree with mitta3 about 1.60 being a ways off. I didn't nominate that amount in our bet, incidentally, lynx. I just said that it won't fall below $1 ever again.
Just to remind all interested parties, here's your post:
"Yes I am, but my estimate will probably be closer to 80c than 60c-----assuming of course that I am right in the first place.
My formula is 76/181 x $2.20 (+ or - 20%) for market factors or 92.37c (+ or - 20%).(97c was recently hit intraday).
If the market is very strong,then up to $1.10.
If the market is fairly neutral,then around 90c to 93c.
I'm expecting a slightly negative market,so 74c to 80c.
My time frame is within 30 days AFTER the 31 M shares have ACTUALLY been added to issued capital by GXY(ie issued capital of 181 M shares)-- currently expected in early May 2010 ( GXY has today announced that they expect to receive payment for those shares in early April 2010).
That is the basis for my current SP prediction."
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- gotta keep the price at $1.25 no matter what.
Love the pillow talk.I do agree with mitta3 about 1.60 being a...
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