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M*8
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*** NOTE: PRICE TARGETS & CALCULATIONS ARE APPROXIMATE ***
(Minimum Cash Unit is $1000. Simply multiply for large sums.)
FORECAST FOR TICKER SYMBOL: PRE AS OF 20111102 (YYYYMMDD)
CLOSING PRICE ON 20111102 was 66.1000
STOCK RATING: MODESTLY BEARISH
Short-Term Price Potential is DOWN: -2.6403 (-4.00%)
Short-Term Price Target: 63.4597
At Price Target, profit is 39.9440 on $1000 investment. (+3.99%)
Close out >= half of your short position at about 63.4597
There is a small chance of price reaching 61.2086
If so, your profit would be 74.0000 on $1000 investment. (+7.40%)
Close out all short position if price reaches 61.2086
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DETAILED TRADING PLAN: (CASH BASIS, NON-LEVERAGED)
If you sell short $1,000 of PRE at its current price of 66.1000
you would be selling short approximately 15.1286 shares.
At Target of 63.4597 profit is 39.9440 on $1000 investment. (+3.99%)
In case of short squeeze, expect the next peak at about 68.9423
Sell short $2,000 more at: 68.9423 will break even at: 67.9681
At 66.1000 profit is 82.4545 on $3,000 investment. (+2.75%)
At 63.4597 profit is 198.9930 on $3,000 investment. (+6.63%)
At 61.2086 profit is 298.3528 on $3,000 investment. (+9.95%)
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