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No. of Recommendations: 21
It's pretty clear that the near term price pressure on WCG is not related to the company's operations. It's the preceived bad news factor (PBNF) aka The Enron Factor (EF). Actually, EF=PBNF x 10.

It's also pretty clear that the PBNF of all the pending law suits aka the legal factor (LF) have dropped the WCG share price (SP) by about 50%. According to recent press releases, the plantifs, a few PO'ed WCG share holders, (AFPOEDWCGSH) are sueing because, ITO, the actions of the defendants, WCG management, caused the share price of WCG to fall resulting in financial damages to the afore mentioned AFPOEDWCGSH. IMHO the actions of AFPOEDWCGSH through their lawyers, have now caused the WCG share price to fall even farther. In other words, the SP is being impacted by the SOB factor. I guess I could hire a good honest lawyer (GHSOB) and sue AFPOEDWCGSH. Because, I am now PO'ed that my WCG SP is in the crapper because of the EF, AFPOEDWCGSH and the SOBs.

So, what's the lesson here. Have I learned anything? Perhaps it's that in managing my portfolio on a day to day basis; when I am trying to project the current share price (CSP) to a possible target range share price for WCG or any company for three months (3MITF) to twelve months (12MITF)in the future, I could use the following formulas:

SP@3MITF=CSP-ERFxPBNF/SOBF
SP@12MITF=EPSX15toEPSX20

In my somewhat limited experience, long term share prices are more likely to be a product of the company's actual profit/loss picture while the near term share price is more likely to be a product of the BS Factor. And, when there are profits to discuss there is a lot less BS.

All the best.

Bub





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